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You donate one time... ONE TIME to the DNC and you get over a thousand pictures of Bo and Sunny, yet I have never seen Debbie Wasserman-Schulz dogs. What are you hiding DNC? #doghazi
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# ¿ May 17, 2014 22:28 |
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# ¿ May 22, 2024 19:07 |
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Sounds like a presidency. We really need cooler pets in the White House again.
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# ¿ May 17, 2014 22:35 |
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Fried Chicken posted:Reminder that BP's payments for these damages are tax deductible, and this pass the cost back into the tax payers they harmed This confuses me. Are they doing more than carrying these costs on their finances as a cost to offset revenue when determining profits? I can't really see how under the tax code you can make them pay with after profit dollars. I am also glowering at their US headquarters real hard right now.
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# ¿ May 21, 2014 19:45 |
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Good Citizen posted:It's just classified as an ordinary business expense. You pay taxes on profits instead of revenues, and any legal settlements will decrease your profits so that you're paying less in taxes. I think the largest "subsidy" that gets talked about is being able to write off all intangible (anything that didn't physically stay on location) costs immediately, while tangible costs are on a 7 year schedule. Historically, there have been some amazing tax credits to encourage production of gas (coal bed methane credits that wound up more than total revenue and were sold off to other industries) or oil (enhanced oil recovery to help offset higher development costs, but never got as crazy). I think that you could probably include the era of closed gas markets and separate prices for different types of production as a form of subsidy.
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# ¿ May 21, 2014 20:23 |
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ReindeerF posted:It's not the worst idea that's been floated and actually discussed by supposedly intelligent people. I don't know why this seems like a terrible idea. Especially because it relies on you drilling a well next to or into the existing one, which is the best way to control a blowout when the surface (or seafloor in this case) conditions are beyond repair, just without the risk of failure.
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# ¿ May 23, 2014 02:44 |
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# ¿ May 22, 2024 19:07 |
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The analogy of calling them "The Dream Team of the Taliban" is pretty apt thought. They have been out of Afghanistan for 12 years, so them going back would be like having The Dream Team play a pickup game with current NBA players.
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# ¿ Jun 6, 2014 01:25 |