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What? Here is Cato praising Obama for proposing the end of oil subsidies: http://www.cato.org/publications/commentary/eliminating-oil-subsidies-two-cheers-pre

What? Here is Cato praising Obama for proposing the end of oil subsidies: http://www.cato.org/publications/commentary/eliminating-oil-subsidies-two-cheers-president-obama http://www.cato.org/publications/commentary/eliminating-oil-... I tend to disagree with Cato's brand of libertarianism, but they are consistent.

drawkbox 13y ago
Well I stand corrected, had not seen that. Glad they posted that. However still the breaks for electric/green tech is still not a comparison at all and oil/gas/manufacturing are well established. I'd be for kicking taxes down to the subsidy levels so there aren't any major costs to remove it, just a tax break for other industrie. It would be great for revenues for companies for a while and they might pay their taxes actually. In a perfect world taxes would be 10% maybe and companies could bring their money back to the US.