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Old 05-18-2023, 01:02 PM   #722
Iron Lung Jimmy

 
Drives: Iron Lung, Jimmy
Join Date: Jun 2009
Location: Louisiana
Posts: 1,577
Quote:
Originally Posted by Windycity View Post
Do you have a problem with the US government giving oil companies incentives and subsidies anywhere from $10-50 billion a year even after we have been purchasing gasoline cars for over 100 years now?

Some subsidies, like the deduction of Intangible Drilling Costs, were originally put in place in 1916 and still used today even though the oil companies are hugely profitable


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I have no opinion on the Intangible Drilling Costs deduction subsidy but I'm pretty sure Tesla makes a shit ton of money selling carbon credits. Without carbon credits (an artificial thing created by the government) Tesla probably wouldn't have survived.

I'd call that a government subsidy. Indirect, but subsidy nonetheless.
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