again...
I think your confusing tax incentives with low lease incentives.. and liberals trying to say that an exploration cost is not a cost...
Selling oil companies leases is not a tax advantage...
Complaining that the fed lost money because the leases proved productive shows that the incentives to drill worked...
Now complaining that they made record profits off the reduced royalty is like selling an old dodge with a blown engine for a few hudred bucks to your friend, and than whining after he fixed, restored, and sold it to a collector for a few grand...
All my comments are still valid... your wanting to make it a tax arguement for increaseing taxes on corporations is still punitive..
The corporations worked by the rules made by the Clinton.. and despite the regulations made a profit...
Now that the profit is deemed excessive you want to punish them for taking the risk...
I believe when a error is made in a law or a discovery that a loop hole exists that can be exploited, the law maker in office should act responsibly and fix the law... not sit around for a year and whine about how unfair the law is...
Tex
and your support of this boondoggle, you are nothing more than a closet liberal.
as for the rest of your comments... yes, I am open minded enough to see the truth.. and no I don't support the "boondoggle... I am just not going to punish American corporations with punitive taxes because they took a risk and it paid off..
Why is it that when ever you are proven wrong.. you start insulting the person with your comments???
If you don't think the debate is up to your ego's standards then go and find some one who will not always prove you wrong and debate them...
Because now that you sunken to attempting to insult, instead of debate...feel free to argue with your self.. as far as I am concerned the discussion with you is over... and you have shown how childish you really are again....