Whether it's an indirect tax, or a direct tax, the Socialists are for it. This should create more "Government Jobs", to oversee, over-staff, payoff friends, etc., as always.
In the real America, technology was developed by private industry, through innovation that paid off when the end-product became an economic and desirable product.
In the government-backed scheme, we eliminate competition and discourage innovation, and we channel taxpayer funds to favored contributors who produce non-economic and undesirable products (or none at all), and fleece the taxpayer to do it. Without subsidies, this Green crap can't survive or compete with current technology/production. If green energy were competitive, it would already be here. There needs only to be incentive to innovate, which is economically viable product....NOT a taxpayer subsidized uneconomic shove-it-down-your-throat crap product.
The left thinks that depletion is a subsidy. I contend that depletion is a valid business expense. Perhaps someone in the oil and gas industry can comment on the elimination of depletion as a business expense.
A lot of those companies supported Duh Won. BP was one of them. lol.
Of course, the legislation they are fighting is really no different than job-killing, tax-raising bills the Democrats have passed on health care, banking etc.
They all attack a vital segment of our economy with outlandish taxes that will kill jobs and raise costs while assassinating a free-market economy and yet the media and the administration will continue to blow happy smoke up our butts about how we are in recovery and how those mean Republicans are the only thing holding them back when nothing could be further from the truth.
How long are we going to tolerate these communists lying to us before we respond with desperate measures?
Claire McCaskill of Missouri is running a greenie campaign ad using a military war vet “who talks about his fight for oil and how the wonderful McCaskill wants solar power and ad naseum which will KILL ..strike that..I mean create alot of jobs. If the people in MO buy that...shame on them
fyi