- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Chyna Joe another nail in the oil industry
Posted on 1/27/21 at 8:21 am to Mid Iowa Tiger
Posted on 1/27/21 at 8:21 am to Mid Iowa Tiger
quote:
My understanding is he is going after things like MLPs (now wanting to tax the entity and then also the investor's income); depletion allowances, allowances for intangible drilling costs, etc.
That ain't happening under an EO. That is tax law. Congress needs to make those changes. And those legal corporate structures are not subsides. FWIW, those corporate structures were set up to incentivize energy companies to bring reliable energy to consumers. Renewable energy producers can participate in those corporate structures too. It's not limited to just O&G energy providers.
1
Posted on 1/27/21 at 9:53 am to GumboPot
quote:
That ain't happening under an EO. That is tax law. Congress needs to make those changes. And those legal corporate structures are not subsides. FWIW, those corporate structures were set up to incentivize energy companies to bring reliable energy to consumers. Renewable energy producers can participate in those corporate structures too. It's not limited to just O&G energy providers.
Quaint. You think the law still matters. I understand and agree with your position on principal, I just don't think it matters anymore. He will EO whatever he wants and Roberts will go along if it ever reaches the USSC.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News