Tuesday, April 26, 2011

What About Taking Away Ethanol Subsidies

Obama proposes to eliminate subsidies to energy sources “of the past” - Best Growth Stock Investment:

"Lake Tahoe, NV (Best Growth Stock) – The U.S. president, Barack Obama today proposed eliminating subsidies of U.S. $ 4,000 million that oil and gas companies receive a year of taxpayers’ money to invest in the energy of the future."

I don't think so. 


Dad29 said...

First off, they're not "subsidies."

They're "deductions," just like mortgage-interest. Business expenses. Cost-of-doing-business.

And that $4Bn/year? You'll pay it at the pump.

Obozo lies, America dies.

Paul - Berry Laker said...

Dad,your right again.

Hope you and the family had a Happy Easter.

Have a GREAT day.