patrick.net

I watched this earlier today, it was kinda interesting.

I always chuckle whenever I see someone from a socialist country give their opinion on socialism - it's the best sales pitch against socialism in favor of capitalism possible.

The answer of course is not socialism, but Georgism: taxing non-productive rent-seeking.

And not taking labor or commerce at all.

https://en.wikipedia.org/wiki/Georgism

Heh, Heh! The re-distributors always seem to get a lot more than the rest. The essence of the LibbyFuck Con! Royals buying off idiots with crumbs, as the crumbs get scarcer for everyone because of corruption and disincentive.

Can they please tell me more precisely what are those subsidies, and what exactly is being subsidized? Are these tax write-offs for exploration (e.i. business expense is tax-deductible, which is perfectly reasonable), or something else?
This type of cartoonish propaganda is annoying as hell, as it does not operate with facts.

jazz_music says

The richest people in the history of the human race are receiving our tax money now and they want it all, not one dollar less of it.

And this is true, sadly, the collective Left wants to tax as even more, so there would be MOAR money that can be transferred to already rich people.

This one has nothing concrete - just whining about $5T subsidies, without telling what are those subsidies. Ideological drivel. It links to some publication for which I would have to pay $18 to read what those subsidies really are.

jazz_music says

https://www.politicususa.com/2015/06/09/report-shows-oil-industry-benefits-5-3-trillion-subsidies-annually.html

This one
jazz_music says

http://priceofoil.org/2015/11/11/empty-promises-g20-subsidies-to-oil-gas-and-coal-production/

also does not tell me what these subsidies are. Just tells "$20.5bn in national subsidies".
Last article refers back to priceofoil article, so it is circular logic.
I still do not know what are these $20bn subsidies. These links are just screaming by illiterates.

Motherjones article says that tax break is writing off drilling expenses. Business expense write offs is quite normal for businesses - why should it be different for oil? Domestic manufacturing deduction - if other businesses get it, why not oil? Also this article does not get to 20bn total for deductions that previous ones claim.
Also, Motherjones has this:
It’s true that the renewable-energy industry currently snags a bigger chunk of the subsidy pie—$7.3 billion a year, compared to $4.8 billion for oil. (Plus, renewables received another $6.2 billion in direct subsidies, research and development funding, loan guarantees, and other help in 2010; fossil fuels got just 2 percent of that.)
So we should pay MOAR tax breaks to "renewables", e.i. transfer MOAR money to already rich (yet different from oil) people? Some very rich sucking at taxpayer's teat are good (renewables), while others (oil) are bad?

jazz_music says

You could look too.

Looked, Motherjones article has some specifics but numbers do not add up with other articles. These article are either lazy journalism, or journalism paid for by Solyndra-types.

MAGA_BOMBER says

GOVERNMENT WORKS PERFECT WHEN YOU BRIBE IT.

Can't argue with you there

www.RDrAkyParis