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#11
posted to rec.boats
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On Feb 28, 5:44�am, BAR wrote:
The guy who runs the bakery down the street gets tax breaks to purchase new equipment every three years. Is this good or bad for the US economy?- Hide quoted text - It's highway robbery, when the guy who runs the bakery *already* has the exclusive right to sell bread and is essentially unrestricted in his ability to generate gross profit. It's highway robbery, when the baker grinds wheat harvested from public lands, bakes it into a loaf, and then sells it back to the public at a ridiculous markup. (all the while blaming the "guy who grinds the wheat!") It's highway robbery when Ma and Pa Cornerstore are forced to pay so much for refined products that they can't make a go of it and are forced to sell their business. Of course, since there is no profit being earned on the sale of refined petroleum products the only prospective buyer turns out to be BIGOILCO. Amazingly enough, after Ma and Pa Cornerstore go BK and move in with their kids there is suddenly enough profit available at that same location for the new owners (BIGOILCO) to tear down the building, build a new one, add a Subway Sandwich shop, and hire enough staff to be open 24/7/365. Don't forget, almost the very first thing that was done after the 2000 election was to call the BIGOILCO executives to Washington DC. There they sat down in closed door meetings with Dick Cheney to "outline the national energy policy". We shouldn't reward predators with a tax break. |