Biden Tax Plan Targets Fossil Fuel Subsidies Worth $35 Billion

[mentalfloss]

Biden Tax Plan Targets Fossil Fuel Subsidies Worth $35 Billion

President Joe Biden’s plan to eliminate subsidies claimed by oil and gas companies and raise levies on corporate polluters would increase government receipts by $35 billion over the coming decade.

The benefits of these subsidies are currently concentrated “within a handful of large firms,” the Treasury said in the Made In America Tax Plan released Wednesday. The report expands on tax proposals in Biden’s $2.25 trillion economic package unveiled last week.

Biden Tax Plan Targets Fossil Fuel Subsidies Worth $35 Billion - BNN Bloomberg

President Joe Biden’s plan to eliminate subsidies claimed by oil and gas companies and raise levies on corporate polluters would increase government receipts by $35 billion over the coming decade.

www.bnnbloomberg.ca

 

[DaSleeper]

Do you own an electric car yet.....?
Or are you still a bloody Liberal global warming hypocrite?

 

[mentalfloss]

I'm still a hypocrite, why?

 

[Durry]

Biden is an idiot and a one term Pres.

 

[B00Mer]

I'm still a hypocrite, why?

You're still an idiot.. go ride the bus when you crawl out of your mothers basement..

This will increase the cost of fuel, and drive up the cost of oil...

OH WAIT!!... and creating demand and jobs in Alberta, more pipelines too.

$100 Oil Is Looking More Possible. Energy Stocks May Have 'Monster Upside'

Oil prices have risen above even the most bullish analysts' projections so far this year. Fundstrat's Thomas Lee thinks that stocks in the industry are well below fair value.

www.barrons.com

 

[B00Mer]

Oh yeah 3 new Lithiam Mines open up in Ontario, Canada and Québec..

Got to destroy the environment and poison the water for those EV batteries

 

[mentalfloss]

I'm sorry your industry is dying.

 

[petros]

Is it?

 

[B00Mer]

I'm sorry your industry is dying.

Delusional

 

[petros]

I'm still a hypocrite, why?

Smoke another bowl.

 

[mentalfloss]

Delusional

Texas oil pipelines face dry months as production languishes

NEW YORK (Reuters) -Nearly half of all oil pipelines from the Permian basin, the biggest U.S. oilfield, are expected to be empty by the end of the year, analysts and executives said. Pipeline companies went on a construction spree throughout 2018 and 2019 to handle blistering growth in U.S...

ca.finance.yahoo.com

U.S. gasoline consumption is now estimated to be past its peak and as refiners process less crude, producers are not filling pipelines used to transport it.

 

[Twin_Moose]

Texas oil pipelines face dry months as production languishes

NEW YORK (Reuters) -Nearly half of all oil pipelines from the Permian basin, the biggest U.S. oilfield, are expected to be empty by the end of the year, analysts and executives said. Pipeline companies went on a construction spree throughout 2018 and 2019 to handle blistering growth in U.S...

ca.finance.yahoo.com

U.S. gasoline consumption is now estimated to be past its peak and as refiners process less crude, producers are not filling pipelines used to transport it.

Yep that's why they are calling for continued lockdowns, as well as, lockdowns every 2 years to skewer the numbers in favour of environmental policies

Did you see the CNN caught on tape admitting to their next propaganda hit piece is to target Climate change deniers

 

[B00Mer]

I think Biden slipped a suppository into Flossy's Ass.. and he liked it..



I hate Paid Trolls.. which Flossy is starting to look like more and more.

 

[petros]

He isn't smart enough. They don't hire brain injury and molly burnout cases as shills.

 

[pgs]

He isn't smart enough. They don't hire brain injury and molly burnout cases as shills.

I miss Ocean Breeze and her flowery prose .

 

[DaSleeper]

She'll be back ................in four years...........when a Republican win's the Presidency..

 

[mentalfloss]

I think Biden slipped a suppository into Flossy's Ass.. and he liked it..

View attachment 7884

I hate Paid Trolls.. which Flossy is starting to look like more and more.

I wish I got paid to lay these truth bombs lol

 

[B00Mer]

I wish I got paid to lay these truth bombs lol

Yeah, I hear ya.. must suck living in your mom's basement at 30 years old and unemployed.. at least you would be able to move to a rooming house.

 

[petros]

He's 41. Can you believe it?

 

[mentalfloss]

You guys are projecting so hard lol