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The New Fuel.....Water?

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Old 04-07-2008, 03:14 PM   #1
dmek25
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Re: The New Fuel.....Water?

tax cuts doesn't work. this has already been proven. most of the major players in oil all enjoy massive tax brakes now, for research and development. how is that working out?
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Old 04-08-2008, 12:02 AM   #2
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Re: The New Fuel.....Water?

Quote:
Originally Posted by dmek25 View Post
tax cuts doesn't work. this has already been proven. most of the major players in oil all enjoy massive tax brakes now, for research and development. how is that working out?
I dont think you understand how massive I am talking about. Make them massive enough to force companies to do it. If we get big oil doing it then we'll get there faster. We really will. Otherwise we're fighting big oil the whole way and there is no way around it.

I am not talking about just breaks for research I mean breaks for results. Say for every dollar netted they get a 15 cent CREDIT on their corporate taxes over the next 20 years with a 1 cent a year phase out over the next 15 after that. That gives them time to do the research, build the infrastructure and let the current oil based infrastructure waste away. It builds a new energy solution rather than legislates it which would hopefully make it stronger and ultimately more consumer based in the long run.
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