5 ms·

But I thought R's hated government handouts

by babypuncher 4y ago

booi 4y ago
only to poor people
- cheaprentalyeti 4y ago
  Yeah, poor people are sooooo unapreciative when we make the cost of gas $ 4.00 a gallon. Don't they know Saint Vladimir has a war to finance?
ars 4y ago
True, but making sure there is enough energy is more important to them (see Europe as an example of what happens when government fails at this). Democrats also consider energy a priority, but don't like hydrocarbon fuel, so are conflicted with bills like this - I bet it won't get every Democrat on board either. Also, the current situation isn't directly a subsidy, it's a tax reduction, which is sort of a subsidy if you squint, but it's different enough. Republicans do like tax reductions.
- cheaprentalyeti 4y ago
  If they considered energy a priority they wouldn't have spent so much time/energy dismantling dams in the far west, during a water crisis.
  - ars 4y ago
    First of all who is "they"? Then from what I can see all the dams that were removed were not very valuable for energy. And finally the dams that were removed were small ones, not ones that are used to store water.
  - adgjlsfhk1 4y ago
    A dam doesn't work when the river runs dry.
- cogman10 4y ago
  > I bet it won't get every Democrat on board either. Oh, it's dead in the senate. There really is no way Joe Manchin would vote for this given the state he represents. West Virginia has WAY too much interest in burning coal. There may also be others, but Manchin will happily take the blame to stop it from passing. His voting base will love him for it.
- ska 4y ago
  > True, but Not true though. It's something they talk but don't walk.
wnevets 4y ago
they also loved covid ppp loan forgiveness
pastor_bob 4y ago
They love corporate tax handouts. Texas will literally buy the land for your factory, build it, and lease it to you for free. AND then they'll recruit and train all your employees for free.
klyrs 4y ago
Not when their donors are on the take.
ska 4y ago
This is empirically not true.
logicalmonster 4y ago
Of course, however, a tax cut is not a subsidy. Economic concepts can very easily be wrongly conflated with each other or misreported by the press or politicians. There's an obvious qualitative difference between a government subsidy (the act of taking property from some to give to others) and a tax break (the government merely stealing less). As far as this bill specifically goes, I haven't read the entire thing, but the bullet points seem to be all about reducing tax burdens. As an overall opinion, I think more people and industries ought to have tax breaks. Given the extreme shortsightedness of Europe's leaders in trying to tackle their energy needs, I have little doubt that this act will come back to bite all of us in some way.
sixstringtheory 4y ago
Alaska just announced a record high PFD for this year, over $2B payout, highest in the programs 41 years. And the reasons for it being so high? “Energy costs and inflation” (totally unrelated side note: our Republican governor is up for re-election).

But I thought R's hated government handouts

booi 4y ago

only to poor people

cheaprentalyeti 4y ago
Yeah, poor people are sooooo unapreciative when we make the cost of gas $ 4.00 a gallon. Don't they know Saint Vladimir has a war to finance?

ars 4y ago

True, but making sure there is enough energy is more important to them (see Europe as an example of what happens when government fails at this). Democrats also consider energy a priority, but don't like hydrocarbon fuel, so are conflicted with bills like this - I bet it won't get every Democrat on board either. Also, the current situation isn't directly a subsidy, it's a tax reduction, which is sort of a subsidy if you squint, but it's different enough. Republicans do like tax reductions.

cheaprentalyeti 4y ago
If they considered energy a priority they wouldn't have spent so much time/energy dismantling dams in the far west, during a water crisis.
- ars 4y ago
  First of all who is "they"? Then from what I can see all the dams that were removed were not very valuable for energy. And finally the dams that were removed were small ones, not ones that are used to store water.
- adgjlsfhk1 4y ago
  A dam doesn't work when the river runs dry.
cogman10 4y ago
> I bet it won't get every Democrat on board either. Oh, it's dead in the senate. There really is no way Joe Manchin would vote for this given the state he represents. West Virginia has WAY too much interest in burning coal. There may also be others, but Manchin will happily take the blame to stop it from passing. His voting base will love him for it.
ska 4y ago
> True, but Not true though. It's something they talk but don't walk.

wnevets 4y ago

they also loved covid ppp loan forgiveness

pastor_bob 4y ago

They love corporate tax handouts. Texas will literally buy the land for your factory, build it, and lease it to you for free. AND then they'll recruit and train all your employees for free.

klyrs 4y ago

Not when their donors are on the take.

ska 4y ago

This is empirically not true.

logicalmonster 4y ago

Of course, however, a tax cut is not a subsidy. Economic concepts can very easily be wrongly conflated with each other or misreported by the press or politicians. There's an obvious qualitative difference between a government subsidy (the act of taking property from some to give to others) and a tax break (the government merely stealing less). As far as this bill specifically goes, I haven't read the entire thing, but the bullet points seem to be all about reducing tax burdens. As an overall opinion, I think more people and industries ought to have tax breaks. Given the extreme shortsightedness of Europe's leaders in trying to tackle their energy needs, I have little doubt that this act will come back to bite all of us in some way.

sixstringtheory 4y ago

Alaska just announced a record high PFD for this year, over $2B payout, highest in the programs 41 years. And the reasons for it being so high? “Energy costs and inflation” (totally unrelated side note: our Republican governor is up for re-election).