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I read another story on oil subsidies. What caught my eye was


Posted: Apr 9, 2011

a comment made by a couple readers. I am still looking for this amendment put out for the vote but in the meantime, posting these comments.

The first is reality and I truly need to check the taxes I pay in my state, plus will Google as suggested:

"And, the next time you fill up your tank at the pump, ask yourself this….how much of what I am paying is tax? In __________ (name of reader's state), we pay 20 cents a gallon, plus a 1 cent per gallon “special tax, plus a 0.4 cent per gallon “environmental assurance fee,” plus an additional 6% sales tax for gasoline, plus 18.4 cents per gallon tax by the federal government. If you want to see how much tax gets paid for the extraction and refining oil, then try using Google. "

The below comment caught my eye not because of the first 3 paragraphs, but the 4th paragraph. 

"Democrats never cease to amaze me with their creative ways to blame Republicans for the budget problems. The Democrats had control of both houses from 2007 until this most recent election and we’ve had a Democratic President since 2008. Strangely the “Big Oil Companies” kept their subsidies during these years and there’s really not a mystery as why. 

President Obama was BP Oil’s largest recipient of campaign monies. Energy companies have given $7.5 million to Democrats compared to $7.3 million to the GOP in PAC contributions since the last election, according to the Center for Responsive Politics. 

Like always the Democrats are eager to sound like their on the side of the poor and disadvantaged, but they never talk louder than when the Republicans are in charge. The way to really reduce the budget is not to collect more taxes but rather stop all the wasteful spending. 

When are liberals going to figure out that when taxes are raised on Big Oil and other corporations that you the consumer is who will ultimately pay these taxes? When are you to figure out that government spending and not under taxation is what has this country in a financial mess? When are going to figure out that you are never going to work for a poor person but rather one of these evil corporations. These evil under-taxed corporations who are taking their plants and jobs to other less oppressively taxed countries. 

The U.S. has the 2nd largest corporate tax rate in the world. When we have 52% of all workers in America working for the government something is wrong. Everyone can’t work for the government. We need jobs that actually create something of value, you know like jobs working for those evil “Big Oil” companies. Keep drinking the liberal big government Kool Aid because we are borrowing $3 billion a day and the glass is already empty. "

 

;

There is a mega dose of truth for you. - Thanks for posting! nm

[ In Reply To ..]
nm

It's good to see that you are nonpartisan and totally unbiased - :) I understand that none of us are

[ In Reply To ..]
Not one of us is unbiased. We read everything we read with our biases turned on. That's just the way it is. I'm not going to see things the way you do and you aren't going to see things the way I do. We will not change each other's minds about anything.

You totally discounted the facts based on - bias. The Democrats

[ In Reply To ..]
have given the oil subsidies just like the Republicans have. That is a fact and you can't get around it. You can ignore it, act like it is not happening, but that does not change the fact. Nobody here has denied that Republicans have left in oil subsidies, Democrats have screamed to the high even foul foul, when they know darned well they do the exact same thing.

You, my friend, are so biased that simple facts can't even get through.

Not trying to change your mind. Just wanted to jiggle the mind - Backwards Typist

[ In Reply To ..]
on federal and state taxes that also cause the cost of gas to rise. Truthfully, we never really think about gas taxes that we pay when we fill up and that's a biggie, don't you think?

Oh my! I don't know about the rest of you, but my mind is jiggled enough already! - LOL

[ In Reply To ..]
nm

Here's a graph from 2007 of gas taxes we pay - Backwards Typist

[ In Reply To ..]




























































































































































































































































































































































































Gasoline Sales & Excise Tax by State
Highest Tax to Lowest



January, 2007



State



¢ PG State



¢ PG Fed.



Total State &
Fed. ¢ PG



 



New York



44.5



18.4



62.9



 



Hawaii



41.7



18.4



60.1



 



California



41.6



18.4



60.0



 



Illnois



36.1



18.4



54.5



 



Connecticut



35.5



18.4



53.9



 



Michigan



34.0



18.4



52.4



 



Nevada



33.5



18.4



51.9



 



Wisconsin



32.9



18.4



51.3



 



Pennsylvania



31.1



18.4



49.5



 



Florida



31.1



18.4



49.5



 



Washington



31.0



18.4



49.4



 



Rhode Island



31.0



18.4



49.4



 



Indiana



29.6



18.4



48.0



 



Ohio



28.0



18.4



46.4



 



Montana



27.8



18.4



46.2



 



Maine



27.4



18.4



45.8



 



West Virginia



27.0



18.4



45.4



 



North Carolina



26.4



18.4



44.8



 



Nebraska



26.2



18.4



44.6



 



Idaho



25.0



18.4



43.4



 



Kansas



25.0



18.4



43.4



 



Utah



24.5



18.4



42.9



 



Oregon



24.0



18.4



42.4



 



South Dakota



24.0



18.4



42.4



 



Maryland



23.5



18.4



41.9



 



Massachusetts



23.5



18.4



41.9



 



Delaware



23.0



18.4



41.4



 



North Dakota



23.0



18.4



41.4



 



Georgia



22.8



18.4



41.2



 



Colorado



22.0



18.4



40.4



 



Minnesota



22.0



18.4



40.4



 



Iowa



21.7



18.4



40.1



 



Tennessee



21.4



18.4



39.8



 



New Hampshire



20.6



18.4



39.0



 



Alabama



20.3



18.4



38.7



 



D.C.



20.0



18.4



38.4



 



Texas



20.0



18.4



38.4



 



Vermont



20.0



18.4



38.4



 



Louisiana



20.0



18.4



38.4



 



Virginia



19.3



18.4



37.7



 



Arizona



19.0



18.4



37.4



 



Arkansas



19.0



18.4



37.4



 



Mississippi



18.8



18.4



37.2



 



Kentucky



18.5



18.4



36.9



 



New Mexico



18.0



18.4



36.4



 



Missouri



17.6



18.4



36.0



 



Oklahoma



17.0



18.4



35.4



 



South Carolina



16.8



18.4



35.2



 



New Jersey



14.5



18.4



32.9



 



Wyoming



14.0



18.4



32.4



 



Alaska



08.0



18.4



26.4



 



 



National Averages -- 18.4
Total State & Federal: 43.2



 

Corporate Taxes - Myth! - earlymusicus

[ In Reply To ..]
"The U.S. has the 2nd largest corporate tax rate in the world."

Then please explain why all our big transnational corporations paid NOTHING in taxes last year??

We have a corporate tax rate, but with the loopholes, they end up not paying - see message

[ In Reply To ..]
We do have corporate taxes, but with all the tax rebates they get and the fact that they have many corporate loophole, expensive lawyers and CPAs to find even more loopholes, they end up not paying any. Some, see articles this week on GE for example, not only paid zero taxes, but got money, from the taxpayers.

So the answer is, some of them pay nothing. Others pay nothing and get handouts in addition to paying nothing, and I am sure that there are still others who do pay taxes just like the rest of us have to do if we don't want to go to jail.

Good point...and who did Obama just put on - as an advisor? CEO of GE.

[ In Reply To ..]
So please, tell me again how the Democrats are so against loopholes and offshoring...incidentally, that same GE CEO...just about half of his employees are currently offshore.
He may be following that old rule of keeping your friends close and your enemies closer - Seriously see message
[ In Reply To ..]
I think it's strategy. I'd love to know the whole story there, but then if we did, it would no longer be strategic. LOL.
Hint...CEOs are not the Democrats' enemy. - Although I knew you
[ In Reply To ..]
would find a way to spin it. Democrats love corporations as much as Republicans do. They understand they are the backbone of the economy. And Obama is all about the "global" economy.

Here are a list of Obama's top donors..please notice the evilll corporations, one of whom is GE..gosh he has a lot of generous enemies. And whoa!! Those evilll Wall Street companies we bailed out...Goldman Sachs is #2!!

University of California $1,591,395
Goldman Sachs $994,795
Harvard University $854,747
Microsoft Corp $833,617
Google Inc $803,436
Citigroup Inc $701,290
JPMorgan Chase & Co $695,132
Time Warner $590,084
Sidley Austin LLP $588,598
Stanford University $586,557
National Amusements Inc $551,683
UBS AG $543,219
Wilmerhale Llp $542,618
Skadden, Arps et al $530,839
IBM Corp $528,822
Columbia University $528,302
Morgan Stanley $514,881
General Electric $499,130
US Government $494,820
Latham & Watkins $493,835
Speaking of CEOs, one today got over $400,000 for moving expense - That must have been some tough move!
[ In Reply To ..]
Things are a little out of balance overall any way you look at it. It isn't a political thing, it's a matter of perspective. $411,000 for moving expenses is not even all that shocking compared with some of the other outlandish amounts CEOs and executives get these days while people working for those companies are making less every day.

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