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Ultra Member
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May 30, 2013, 07:45 AM
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Liberal myths
Let's start with an easy one, those greedy oil companies make excess profit and don't pay enough taxes. Per John Stossel:
Another myth: Big Oil makes “excess” profit. Nonsense. The oil business is fiercely competitive. If one company charges a penny too much, other companies steal its business. Apple’s profit margin is about 24 percent. McDonald’s makes 20 percent. Oil companies make half that.
Per gallon, ExxonMobil makes about 7 cents. Governments, by contrast, grab about 27 cents per gallon. That’s the average gas tax. If anyone takes too much, it’s government.
So the government makes 20 cents per gallon more then ExxonMobil does on its gas? Interesting, Apple, McDonald's and the government are all more greedy than big oil.
How about taxes? Amazon, Apple and Verizon all had an effective tax rate 1/3 or more lower than ExxonMobil, Chevron and ConocoPhillips.
The three largest oil companies paid the most in taxes in absolute terms of all major corporations, according to data on S&P 500 companies compiled by The New York Times.
President Barack Obama has chastised oil companies for receiving billions of dollars in tax breaks. However, the Times reports that ExxonMobil paid $146 billion in taxes; Chevron paid $85 billion; and ConocoPhillips paid $58 billion over the last five years.
In terms of their effective tax rates, the big three oil companies don’t get off easily either. Exxon had an effective tax rate of 37 percent, Chevron’s effective tax rate was 39 percent, and ConocoPhillips’s was a whopping 74 percent. The U.S. corporate tax rate is 35 percent.
Read more: NYT: Oil companies paid the most in taxes | The Daily Caller
So if that isn't enough, what should it be? Or phrased another way, how much per gallon are you willing to pay?
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Expert
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May 30, 2013, 09:47 AM
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Ultra Member
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May 30, 2013, 10:30 AM
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There were questions to answer, "So if that isn't enough, what should it be? Or phrased another way, how much per gallon are you willing to pay?"
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Ultra Member
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May 30, 2013, 10:49 AM
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Oil companies are actually energy companies. They are heavily invested in R & D on top of being the government piggy bank. There is a huge reserve of carbon based energy sources to last over a century .It is in the oil companies interest to invest in such alternatives as the shale deposits and methane hydrate;which I think is the real alt energy of the future. That R&D by itself cuts into the bottom line. So it's very believable that the margins don't match other industries.
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Ultra Member
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Jun 3, 2013, 08:22 AM
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Liberal myth number two, there is no voter fraud.
Congressman Joe Garcia’s chief of staff implicated in phantom absentee-ballot requests scheme
Law officers raided the home of John Estes, right, on Friday, May 31, 2013. Estes was the campaign manager for Joe Garcia, left, Democratic congressional candidate who won the seat.This photo was taken on
Congressman Joe Garcia’s chief of staff abruptly resigned Friday after being implicated in a sophisticated scheme to manipulate last year’s primary elections by submitting hundreds of fraudulent absentee-ballot requests.
Friday afternoon, Garcia said he had asked Jeffrey Garcia, no relation, for his resignation after the chief of staff — also the congressman’s top political strategist — took responsibility for the plot. Hours earlier, law enforcement investigators raided the homes of another of Joe Garcia’s employees and a former campaign aide in connection with an ongoing criminal investigation into the matter.
“I’m shocked and disappointed about this,” Garcia, who said he was unaware of the scheme, told The Miami Herald. “This is something that hit me from left field. Until today, I had no earthly idea this was going on.”
Jeffrey Garcia, 40, declined to comment. He also worked last year on the campaign of Democrat Patrick Murphy of Jupiter, who unseated tea-party Republican congressman Allen West. Murphy has not been implicated in the phantom-requests operation.
Read more here: Congressman Joe Garcia’s chief of staff implicated in phantom absentee-ballot requests scheme - Miami-Dade - MiamiHerald.com
West lost by less than 2000 votes.
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Uber Member
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Jun 3, 2013, 09:00 AM
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Hello Steve:
I'll play.
Wingnut belief #1. Everybody in this great nation of ours, got the best health care in the world BEFORE Obamacare.
excon
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Ultra Member
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Jun 3, 2013, 09:16 AM
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 Originally Posted by excon
Hello Steve:
I'll play.
Wingnut belief #1. Everybody in this great nation of ours, got the best health care in the world BEFORE Obamacare.
Excon
That's not a liberal myth. But here's one:
"And that means that no matter how we reform health care, we will keep this promise: If you like your doctor, you will be able to keep your doctor. Period. If you like your health care plan, you will be able to keep your health care plan. Period. No one will take it away. No matter what." -Barack Obama
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Expert
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Jun 3, 2013, 10:19 AM
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How is that a myth? You're making tuff up. Sure he said it and its true nobody is forcing you to change doctors or health insurances or underwear for that matter.
You must not like your doctor any more.
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Ultra Member
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Jun 3, 2013, 10:57 AM
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Uber Member
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Jun 5, 2013, 04:49 AM
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Hello again, Steve:
I don't know if you understand the problem of "overreach". It means that even IF what you say is true, because you've overreached in the past with the crap about death panels and stuff, nobody is going to believe you.
Same thing about Obama and his enemy's list..
excon
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Expert
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Jun 5, 2013, 05:12 AM
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 Originally Posted by speechlesstx
I wonder if you actually read the articles or just the headlines?
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Ultra Member
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Jun 5, 2013, 05:20 AM
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 Originally Posted by talaniman
I wonder if you actually read the articles or just the headlines?
I would ask you the same question.
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Ultra Member
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Jun 5, 2013, 05:22 AM
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 Originally Posted by excon
Hello again, Steve:
I dunno if you understand the problem of "overreach". It means that even IF what you say is true, because you've overreached in the past with the crap about death panels and stuff, nobody is gonna believe you.
Same thing about Obama and his enemy's list..
excon
Priceless, some guy's policy is going to double and you're talking to me about overreach.
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Expert
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Jun 5, 2013, 05:53 AM
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 Originally Posted by speechlesstx
That's your side of it, even though you failed to read the article I feel, but you have left off the whole reason for ACA in the first place... the costs of medical care has tremendously increased, the insurance was rising, while covering less, and if you had insurance you were paying for those that don't and ran to the emergency room for everything.
Lets not forget those poor souls that paid premiums for years and found out the insurance wasn't there when they needed it. Ordinary people like YOU that thought they were doing the right things.
Yeah its still going up because the costs are still going up. Ever wonder why? Well find out for yourself. Steven Brill wrote on the subject for Time magazine and you should read it and get more facts to this story than just from the Insurance company, and financiers who profit from your illnesses.
The cost of everything is going UP Speech, but has your paycheck? So stop spouting right wing talking points and study the whole issue for yourself, and read your own links and not just the headlines.
Your conclusions are half baked because you ignore half the facts.
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Ultra Member
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Jun 5, 2013, 06:43 AM
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 Originally Posted by talaniman
That's your side of it, even though you failed to read the article I feel, but you have left off the whole reason for ACA in the first place... the costs of medical care has tremendously increased, the insurance was rising, while covering less, and if you had insurance you were paying for those that don't and ran to the emergency room for everything.
Lets not forget those poor souls that paid premiums for years and found out the insurance wasn't there when they needed it. Ordinary people like YOU that thought they were doing the right things.
Yeah its still going up because the costs are still going up. Ever wonder why? Well find out for yourself. Steven Brill wrote on the subject for Time magazine and you should read it and get more facts to this story than just from the Insurance company, and financiers who profit from your illnesses.
The cost of everything is going UP Speech, but has your paycheck? So stop spouting right wing talking points and study the whole issue for yourself, and read your own links and not just the headlines.
Your conclusions are half baked because you ignore half the facts.
My conclusions are half-baked? I made two conclusions: Supporters think a possible 146% increase is good news.
Supporters were upbeat after an initial look at the proposed premiums, while critics remain unimpressed.
" These rates are way below the worst-case gloom-and-doom scenarios we have heard," said Peter Lee, executive director of Covered California, the state agency implementing the healthcare law.
Feel free to explain to the world how my conclusion was "half-baked."
The second was Zerocare will not lower the cost of non-group insurance. The rest of the previous excerpt:
"But let's be clear, some consumers will have prices that go up. There may be some sticker shock."
Only in the liberal world does "sticker shock" from "prices that go up" mean the cost of non-group insurance plans are decreasing. But hey, I'm not stopping you from living in a world of delusion, but I work with facts.
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Uber Member
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Jun 5, 2013, 06:45 AM
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Hello again, Steve:
I just want to know how much the death panels cost. I'm ready.
excon
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Ultra Member
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Jun 5, 2013, 06:58 AM
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 Originally Posted by excon
Hello again, Steve:
I just wanna know how much the death panels cost. I'm ready.
excon
It's probably covered, like birth control.
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Expert
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Jun 5, 2013, 07:03 AM
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You didn't care the prices were high and getting higher before ACA, why are you so upset now? You said nothing of the death panels you paid for then, but all of a sudden you are concerned.
Wake up and pay attention. You conservatives kill me coming late to the party and hollering about the music.
Oh and that's not sand you're burying your head in.
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Ultra Member
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Jun 5, 2013, 07:23 AM
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 Originally Posted by talaniman
You didn't care the prices were high and getting higher before ACA, why are you so upset now? You said nothing of the death panels you paid for then, but all of a sudden you are concerned.
Wake up and pay attention. You conservatives kill me coming late to the party and hollering about the music.
Oh and that's not sand you're burying your head in.
Stop the lies, Tal. None of that is true.
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