another "green energy" bet goes belly up

Canna Sylvan

Well-Known Member
Obama should go to prison for this shit and deported back to Indonesia. If I owed $250 million in back taxes, I'd never see daylight ever again!
 

canndo

Well-Known Member
That radio better be hand made out of sticks and mud, would hate to label you a hypocrite.

God damn corporations
message sent from Ipad


Typical in the extreme. I explain my position, explain it again, and explain it yet again and you insist on distorting my position anyway. This is how you folks run your lives?
 

Harrekin

Well-Known Member
Imagine the $250 mill had been invested in R&D rather than a fail-sauce company with no viable product?

We'd have space lasers and all by now.
 

ginjawarrior

Well-Known Member
lol i'll remember you guys and this thread next time a deep water oilwell blows up or a tanker runs aground off some pristine beach somewhere
 

ginjawarrior

Well-Known Member
"LOS ANGELES (MarketWatch) -- BP PLC will reduce its contribution to U.S. coffers by roughly $10 billion due to a tax credit the company is claiming it incurred from the Gulf of Mexico oil spill.

The oil giant (US:BP) said Tuesday that it is incurring a charge of $32.2 billion from the Deepwater Horizon disaster response, and as such, it is claiming a $9.9 billion taxation credit.

Asked in a conference call Tuesday about whether it has discussed the tax credit with President Barack Obama's administration, BP's outgoing chief executive, Tony Hayward said: "We have followed the IRS regulations as they're currently written.""
http://articles.marketwatch.com/2010-07-27/industries/30740136_1_tax-credit-tony-hayward-bp-plc
green bad!! oil good!!!
 

NLXSK1

Well-Known Member
lol i'll remember you guys and this thread next time a deep water oilwell blows up or a tanker runs aground off some pristine beach somewhere
How do you equate a private company's disaster (cleaned up with 32 billion dollars from that same private company) to the federal government throwing billions of dollars at companies with nothing to sell and nothing to make?

You have been drinking the same coolaid as bucky... Comparing apples to dolphins again.
 

ginjawarrior

Well-Known Member
How do you equate a private company's disaster (cleaned up with 32 billion dollars from that same private company) to the federal government throwing billions of dollars at companies with nothing to sell and nothing to make?

You have been drinking the same coolaid as bucky... Comparing apples to dolphins again.
did you miss the 10 billion tax credit in the post above yours before you wrote this?
 

NLXSK1

Well-Known Member
did you miss the 10 billion tax credit in the post above yours before you wrote this?
Businesses get to deduct their expenses as part of normal business.

By deducting the 32 billion they PAID to clean up the oil spill it resulted in a 10 billion dollar decrease in their tax bill AKA (DEDUCTION).

Are you suggesting that somehow we eliminate business deductions???

Are you so clueless about business and accounting to not be able to figure this one out for yourself?

Did you get taught new math???

What the fuck is really wrong with you?
 

beenthere

New Member
did you miss the 10 billion tax credit in the post above yours before you wrote this?
Businesses get to deduct their expenses as part of normal business.

By deducting the 32 billion they PAID to clean up the oil spill it resulted in a 10 billion dollar decrease in their tax bill AKA (DEDUCTION).

Are you suggesting that somehow we eliminate business deductions???

Are you so clueless about business and accounting to not be able to figure this one out for yourself?

Did you get taught new math???

What the fuck is really wrong with you?
It's obvious he has no clue what he is talking about, but that doesn't stop him from opening his mouth and making a damn fool of himself! LOL
 

desert dude

Well-Known Member
"LOS ANGELES (MarketWatch) -- BP PLC will reduce its contribution to U.S. coffers by roughly $10 billion due to a tax credit the company is claiming it incurred from the Gulf of Mexico oil spill.

The oil giant (US:BP) said Tuesday that it is incurring a charge of $32.2 billion from the Deepwater Horizon disaster response, and as such, it is claiming a $9.9 billion taxation credit.

Asked in a conference call Tuesday about whether it has discussed the tax credit with President Barack Obama's administration, BP's outgoing chief executive, Tony Hayward said: "We have followed the IRS regulations as they're currently written.""
http://articles.marketwatch.com/2010-07-27/industries/30740136_1_tax-credit-tony-hayward-bp-plc
green bad!! oil good!!!
Federal tax code bad!! Federal tax code bad!!
 
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