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Umm, you guys are aware that the IMF has no taxation power in the US.
Also, this is just a research paper focuses on either cutting energy subsides or passing them directly to the consumer in the form of taxes. We've been paying corporate welfare to the energy industry for decades. It has helped to keep prices artificially low.
I'm on board with ending subsidies but IMO it should be done directly by cutting off the corporations receiving them. They can then pass them on to consumers in higher prices. The benefit here is those prices could eventually come down if market forces dictate it. A tax will never come down. They will just find another way to spend the money.
I do think energy taxes should go up, but that is only so we can pay for new roads and bridges as well as to update the ones we already have. That will reduce energy usage by preventing us from idling in traffic every morning and evening. We sure as heck don't need $1.33 a gallon to do that.
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Originally posted by Sgt Beavis View PostUmm, you guys are aware that the IMF has no taxation power in the US.
Also, this is just a research paper focuses on either cutting energy subsides or passing them directly to the consumer in the form of taxes. We've been paying corporate welfare to the energy industry for decades. It has helped to keep prices artificially low.
I'm on board with ending subsidies but IMO it should be done directly by cutting off the corporations receiving them. They can then pass them on to consumers in higher prices. The benefit here is those prices could eventually come down if market forces dictate it. A tax will never come down. They will just find another way to spend the money.
I do think energy taxes should go up, but that is only so we can pay for new roads and bridges as well as to update the ones we already have. That will reduce energy usage by preventing us from idling in traffic every morning and evening. We sure as heck don't need $1.33 a gallon to do that.sigpic18 F150 Supercrew - daily
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Originally posted by tazz007 View PostYour right. But that P.O.S. setting in the W.H. and his damn pin can do this.
And now, with Rand Paul, the Senate Republican's are seem to be slowly finding theirs.
Except for McCain,.... he apparently left his in a small prison cell in Vietnam.
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Originally posted by Sgt Beavis View PostUmm, you guys are aware that the IMF has no taxation power in the US.
...
The US gov't is the largest contributor to the IMF, by a large margin.
The money that the US gov't contributes comes from the US tax payers.Jay Johnson
Car hauler for hire
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Originally posted by Sgt Beavis View PostBy himself, no. He got his little taxation victory over the so called fiscal cliff when they raised taxes on people making over $400K but he got kicked in the balls on any tax highs for the sequestration. The House Republican's found their balls.
So taxes only increased on people making more than 400k per year? No one else is paying any more in taxes?
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