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re: Shell oil reports record profit
Posted on 5/6/22 at 9:36 pm to tenderfoot tigah
Posted on 5/6/22 at 9:36 pm to tenderfoot tigah
quote:
Exxon payed over $8 billion in taxes last year. Please do some research next time. Democrats smh.
You nincompoop…. Show me where i said any oil company paid no taxes, or where i even implied as much.. I’ll wait.. and I’ll be waiting a long-arse time, since I never said it .
What i said is that we taxpayers SUBSIDIZE the oil industry.. to the tune of almost 6 TRILLION dollars, not billion…. here is one link.. of course you lame-brained morons will criticize it, since it’s from Yale University- but it was literally the first link that came up on the google machine.. feel free to do your own research.. i would ask if you feel stupid now, but i know better than to expect a fricking red hat to ever learn a goddamn thing .
.
LINK
![](https://i.postimg.cc/4xwg4Qf3/56-D6-B7-ED-ECA7-4557-8-A38-0-CE70-F52-C57-E.jpg)
Posted on 5/6/22 at 9:50 pm to BK Lounge
quote:
Explicit subsidies accounted for only 8 percent of the total. The remaining 92 percent were implicit subsidies, which took the form of tax breaks or, to a much larger degree, health and environmental damages that were not priced into the cost of fossil fuels, according to the analysis.
You can’t be serious with this. 8% of that number is actual subsidies.
Then some are “tax breaks” which every company in America gets. With the “ much larger degree” of the remaining 92% being “health and environmental consequences that weren’t factored into the cost of fossil fuels.”
Give me a break. The article on its face admits that the vast majority of that is some made up number by Yale that alleges heath and environmental consequences that it thinks oil and gas companies are responsible for, and because they didn’t pay for them that’s a “subsidy.”
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