Big Three automakers get plug-in funding from feds 4

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1. 

   guade00 Posted 12:47 am
   15 Jun 2008

   What would be really neato...is if oil profits were taxed--say, a paltry .001%--and reinvested in plug-in technology. And it would at least double this ridiculous amount. Probably piss a few oil execs off too.

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2. 

   earlysnows Posted 10:21 am
   16 Jun 2008

   corporate welfarethese guys don't deserve any government money.

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3. 

   ajazzfan Posted 9:40 am
   17 Jun 2008

   Taxes are never the answer...We live in a capitalist society--there is nothing wrong with a company making money, that's what they are supposed to do! Taxing the oil companies would just ripple down. Less profits means lower dividends for shareholders, less money for people saving, or already in retirement. Not just "the rich" own stock in these companies. If you are invested in a mutual fund, IRA, 401K, or other investment vehicle the chances are pretty high that some of your money is invested in oil companies--you would be taxing yourself. Speaking for myself, my taxes are already high enough.
   A better idea would be a grant program to support start-up businesses in this area. That would help out small businesses, which drive our economy. It would also most likely create new jobs--expanding our economy and naturally increasing the tax base, these funds (taxes from new jobs) could then be used to pay for the grants.
   We could also form partnerships with other countries--similar to NAFTA and CAFTA, except the primary goal would be to identify and develop feasible alternative energy solutions jointly. To my knowledge this doesn't exist today. Setting guidelines and "targets" doesn't solve the problem. Sharing research and development experience (and costs) would help.

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4. 

   GreyFlcn Posted 12:43 pm
   17 Jun 2008

   Consider thisOne-and-a-half minutes in Iraq costs $30 million dollars.
   
   http://greyfalcon.net/iraqvsenergy.png
   And thats in addition separate from the $14 billion dollars in annual direct subsidies and tax breaks we give the oil industry.
   
   http://www.nytimes.com/2007/01/18/washington/18cnd-royalt ...
   _
   If you are really against Corporate Welfare, then atleast call for it on all sides.  Otherwise you are just using that position as a excuse.
   Increasing Mileage, far and away, is the best thing we can do to reduce emissions, and from that reduce our oil consumption.
   
   http://greyfalcon.net/oilvsethanol.png
   Electricity only costs $0.70 a gallon equivalent, and we got plenty of it.
   
   http://greyfalcon.net/plugins7
   _
   Then again, I also can't understand why some people believe that paying taxes with high interest foreign loans, is better than paying taxes directly.
   It costs more money!  And it devalues the dollars like crazy!
   And yet because it's more complex, and dogmatically supported by the likes of Reagan, Bush, Cheney, that it's perceived as a "good" thing.
   It's horrible.
   http://greyfalcon.net/doonsbury.png
   
   http://greyfalcon.net/debt2.png
   
   http://greyfalcon.net/canadadollar.png
   
   http://www.hightowerlowdown.org/node/1603

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