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Do you know what those are?

Posted on: February 8, 2025 at 12:12:59 CT
BigDave MU
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Do you even know what depletion is? And why wouldn't they be able to deduct the costs of drilling wells from their taxable income? Are you trying to say those are not legitimate business expenses?

You trying to infer these are "handouts" when they are legitimate business expenses incurred that result in taxable revenues being produced just makes you look foolish.
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Should Doge look at eliminating this? - JAG83 MU - 2/8 11:24:52
     Those are typical costs and depreciation - FootballRefugee MU - 2/8 12:22:38
          RE: Those are typical costs and depreciation - JAG83 MU - 2/8 13:08:18
               No, they're paying what they owe under the law - FootballRefugee MU - 2/8 13:23:59
                    RE: No, they're paying what they owe under the law - JAG83 MU - 2/8 13:52:13
                         Not special at all - FootballRefugee MU - 2/8 21:42:21
               Good. The more energy the better. - Coors4bob STL - 2/8 13:20:40
     RE: Should Doge look at eliminating this? - MOCO SON MU - 2/8 12:21:56
     Do you know what those are? - BigDave MU - 2/8 12:12:59
          RE: Do you know what those are? - JAG83 MU - 2/8 13:07:25
               Nonsense - BigDave MU - 2/8 14:52:30
     Not unless you want to overhaul the tax system. Can we get - BH O'bonga MU - 2/8 12:08:22
     you’re confused (nm) - pickle MU - 2/8 12:06:25
          RE: you’re confused (nm) - JAG83 MU - 2/8 13:08:43
     That's not spending(nm) - CulturedDan MU - 2/8 11:57:53
     My first big client was an oil producer - mu7176grad MU - 2/8 11:51:55
          RE: My first big client was an oil producer - JAG83 MU - 2/8 12:59:47
     RE: Should Doge look at eliminating this? - sarasotatiger MU - 2/8 11:46:07
     I’m all in on tax breaks - Bosalphus KC - 2/8 11:36:20
          RE: I’m all in on tax breaks - JAG83 MU - 2/8 13:01:27
               Across the board (nm) - Bosalphus KC - 2/8 13:11:21
     tax breaks? meh (nm) - SwampTiger MU - 2/8 11:35:23
     Yes, gut it all - Columbian Gold MU - 2/8 11:30:41
     It's true, there might be a way to give the oil industry - RayKinsella1922 SEC - 2/8 11:26:06
     Yes, along with any green energy tax breaks and subsidies. - RHAYWORTH MU - 2/8 11:25:53




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