Republicans refuse to repeal taxpayer subsidies for Big Oil

[Riot]

Originally Posted by Clip-Clop

Should GE pay taxes?
Don't forget the inexcusable actions of the few typical blue dog Senate Dems that have always voted Republican. What else is in this bill?

FTFY.

Yes, GE should pay taxes. Instead of us giving profitable companies billions a year in tax breaks. You know, because we are supposedly broke?

So: are you personally in favor of oil company subsidies, or not?

'Democrats had proposed redirecting some of the $20 billion from the subsidies to renew a series of tax credits aimed at manufacturers of solar panels, wind turbines and electric cars. Those credits ran out at the end of last year, and the renewable-energy industry has been clamoring for Congress to restore them. The remaining $9 billion would have gone toward the budget deficit.'

Tax credits for non-oil renewable energy startups or alternative energy? Billions towards our deficit? Rather than keeping the huge long-term subsidies to record-profit oil industries?

Sounds like a remarkably better idea. Too bad the Republicans filibustered it simply because it would have passed out of the Senate, with 51 votes, as our Constitution requires.