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Online easton104  
#41 Posted : Sunday, November 27, 2016 9:25:20 PM(UTC)
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easton104


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Originally Posted by: basedgod Go to Quoted Post
https://www.youtube.com/watch?v=nA3ldJ3HTWA


im going to rest my forearm and surprise FTJ with a video of me throwing a football 60 yards. Just sayin. I normally wouldn't broadcast that shit, cuz it's a secret, BUT I figure nobody else is still reading this thread by now.
thanks 1 user thanked easton104 for this useful post.
Online easton104  
#42 Posted : Sunday, November 27, 2016 9:26:13 PM(UTC)
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easton104


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Originally Posted by: basedgod Go to Quoted Post
probably more like $1.000000009 since it's a distributed tax but I get what you're trying to say.


nice try dude
Online alternaloser  
#43 Posted : Sunday, November 27, 2016 9:28:17 PM(UTC)
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Originally Posted by: easton104 Go to Quoted Post
you brought up subsidies coming out of the tax payers pockets. it looks like the vast majority of subsidies in terms of oil goes to foreign tax credits, to the tune of $16 billion a year. that probably needs to be considered when discussing the cost of oil. it's akin to saying Americans pay $1.00 a pound for this commodity, but not paying attention to the fact that it is a subsidized commodity and after their tax dollars have been amortized towards the commodity it actually costs Americans $2.00 a pound.


i was talking about anwr. it was a specific bill around the time of "drill, baby drill" that basically paid for all the capex for extraction using taxpayer money.
Online easton104  
#44 Posted : Sunday, November 27, 2016 10:00:12 PM(UTC)
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easton104


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Originally Posted by: basedgod Go to Quoted Post
probably more like $1.000000009 since it's a distributed tax but I get what you're trying to say.


I just did the math, the subsidies are about 3.7% of the annual gross
Online easton104  
#45 Posted : Sunday, November 27, 2016 10:01:02 PM(UTC)
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easton104


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Originally Posted by: alternaloser Go to Quoted Post
i was talking about anwr. it was a specific bill around the time of "drill, baby drill" that basically paid for all the capex for extraction using taxpayer money.


that's a pin prick in the middle of nowhere alaska
Online alternaloser  
#46 Posted : Sunday, November 27, 2016 10:01:40 PM(UTC)
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Originally Posted by: easton104 Go to Quoted Post
that's a pin prick in the middle of nowhere alaska


it was discussed a lot in 2008, but for some reason not the particulars
Online basedgod  
#47 Posted : Sunday, November 27, 2016 10:03:55 PM(UTC)
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Originally Posted by: easton104 Go to Quoted Post
I just did the math, the subsidies are about 3.7% of the annual gross


those taxes are coming from all Americans so if it costs me a $1 to buy a pound of something, the subsidy comes from taxes from all Americans which means it doesn't cost me personally $2, it costs me something like a percentage of a cent
Online easton104  
#48 Posted : Sunday, November 27, 2016 10:06:31 PM(UTC)
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easton104


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Originally Posted by: basedgod Go to Quoted Post
those taxes are coming from all Americans so if it costs me a $1 to buy a pound of something, the subsidy comes from taxes from all Americans which means it doesn't cost me personally $2, it costs me something like a percentage of a cent


you do the math and tell me what you come up with then we can compare sources and methodology?
Online easton104  
#49 Posted : Sunday, November 27, 2016 10:07:18 PM(UTC)
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easton104


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100% was a stretch, it's 3.7%

let's see what you come up with
Online easton104  
#50 Posted : Sunday, November 27, 2016 10:08:29 PM(UTC)
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easton104


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3.7 being strictly the foreign tax credit subsidy
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