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Many of those "handouts" are legitimate tax breaks that all manufacturing companies receive, even Apple and Microsoft, only oil companies get capped at 6% on t
by webXL 11y ago
Many of those "handouts" are legitimate tax breaks that all manufacturing companies receive, even Apple and Microsoft, only oil companies get capped at 6% on their section 199 [1] where everyone else gets 9%
[1] http://www.forbes.com/sites/energysource/2012/04/25/the-surprising-reason-that-oil-subsidies-persist-even-liberals-love-them/#62a686a41e86 http://www.forbes.com/sites/energysource/2012/04/25/the-surp...
- mikeash 11y agoAnd many of them are subtle but gigantic subsidies, like allowing them and their customers to poison the population without consequence, not even paying for the damages.