Thread: F... gas prices
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Old 06-18-2008, 04:09 PM   #10
Schneed10
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Join Date: Feb 2005
Location: Newtown Square, PA
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Re: F... gas prices

Quote:
Originally Posted by dmek25 View Post
this isn't exactly true. those large corporate tax breaks that most of the big players enjoy are mostly for research and development. so mainly, you and i are paying for the drilling
But it's not that simple. First, we get a benefit in the form of lower gas prices to help offset the tax issue. Secondly, if the government reduces expenditures while giving those tax breaks, then the buck isn't passed. I recognize Bush has bloated spending excessively, which I certainly don't condone. But you can't look at a tax break and directly link it to the public "picking up the tab" because it assumes all else remains constant in a vacuum.
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