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To: canuck_conservative

—> wouldn’t be so bad if they paid full freight, like we do ... but usually they get a sweetheart rate, because they’re “bulk consumers”

If they qualify for the bulk rate and use it, it benefits the power company. If it didn’t, they would not make it available. The market decides the price and not socialist do gooders.

—> but here, these crypto-bastards employ nobody - it’s all computers ...

Computers are built by companies that employ people. The power company employs people. The mining companies, refining companies, etc. all employ people. The market creates demand that provides sales that pay all those employees.

Mining companies pay taxes in whichever jurisdiction they are incorporated in. The buildings they own or lease pay property taxes.
Government taxes are paid on each unit of energy consumed
- often a higher government share than the profit of the energy producer.

Just how high a tax rate do you demand in total?

You sure sound like a Trudeaux Socialist and not a conservative.

In what sense do you believe anything conservative??


43 posted on 01/01/2023 10:10:48 AM PST by aMorePerfectUnion (Fraud vitiates everything. )
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To: aMorePerfectUnion

if crypto-miners need a lot of power, but contribute nothing back to the local community,

they can build their own damn power plant

there’s no obligation on the community to supply them huge amounts of electricity when they provide nothing back


49 posted on 01/01/2023 10:37:03 AM PST by canuck_conservative
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