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| Topic: BP to cut 13 bil by writing off oil spill as loss! | |
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If anything at all, the top tier employees of all companies involved with deep water horizon should be imprisoned for the manslaughter due to the 11 deaths that occurred and for crimes against the environment. This sickens me that they are getting away with what they have done and they are doing because of the money and their connections in DC. Obama had a chance to shine during this but he opted to play golf in Florida instead.
Despite causing an historic oil spill in the Gulf of Mexico last year, BP plans to reduce its tax bill by almost $13 billion by writing off its losses. The move is legal and above board. But with millions of Americans having just settled up with the IRS for 2010, it's causing consternation among activists who say BP shouldn't be offsetting its losses with federal money -- especially when Washington is in a budget crunch. "The U.S. taxpayer shouldn't be ... footing the bill for this. That just seems insane to me," said Aaron Viles, deputy director of the Gulf Restoration Network. Read more: http://www.foxnews.com/politics/2011/04/22/bp-cut-tax-13b-losses-spill/#ixzz1KHT77V3d |
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i hear ya, but even if they did pay it, they would just raise oil prices to get it back... that's why gas is 4 dollars a gallon now, to get back all the money they already were fined and payed out... remember that 20 billion dollar relief fund?
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not to worry, Obama has just created a task force to get to the bottom of the price gouging so gas should be $3 cheaper by June! |
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not to worry, Obama has just created a task force to get to the bottom of the price gouging so gas should be $3 cheaper by June! yea, i read that... not sure what to say about it yet |
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Its just another way for him to spend money! I would truly be surprised if this changes anything. |
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I'm not a skeptic but,
 
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You seem to be shocked to learn that a business would write off a business expense on it's taxes. Isn't it Conservatives that are constantly reminding us that a business is not a charity? That it is in business to make money? Doesn't everybody know that? What did you expect that BP would be doing?
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You seem to be shocked to learn that a business would write off a business expense on it's taxes. Isn't it Conservatives that are constantly reminding us that a business is not a charity? That it is in business to make money? Doesn't everybody know that? What did you expect that BP would be doing? your doing the reminding right now... you a conservative? |
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Answer my question
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i already did, about 4 posts up
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..they should keep throwing the fines at BP until every drop of oil is accounted for..ya can't write off fines..as far as raising their prices..tell them to go screw...we need a government who has some balls for once... 
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You seem to be shocked to learn that a business would write off a business expense on it's taxes. Isn't it Conservatives that are constantly reminding us that a business is not a charity? That it is in business to make money? Doesn't everybody know that? What did you expect that BP would be doing? Republican/democrat it doesn't matter, its the same wolf in different clothing when it comes to money and big business which seems to be something you cannot get your head around. |
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You seem to be shocked to learn that a business would write off a business expense on it's taxes. Isn't it Conservatives that are constantly reminding us that a business is not a charity? That it is in business to make money? Doesn't everybody know that? What did you expect that BP would be doing? They are recouping all of their losses over the oil spill so far. That isn't right and they are being stingy with their pay outs to those who suffered on the gulf. I think they may have only paid out 2 billion to date. |
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You seem to be shocked to learn that a business would write off a business expense on it's taxes. Isn't it Conservatives that are constantly reminding us that a business is not a charity? That it is in business to make money? Doesn't everybody know that? What did you expect that BP would be doing? They are recouping all of their losses over the oil spill so far. That isn't right and they are being stingy with their pay outs to those who suffered on the gulf. I think they may have only paid out 2 billion to date. i thought the 20 billion was being held somewhere? |
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You seem to be shocked to learn that a business would write off a business expense on it's taxes. Isn't it Conservatives that are constantly reminding us that a business is not a charity? That it is in business to make money? Doesn't everybody know that? What did you expect that BP would be doing? They are recouping all of their losses over the oil spill so far. That isn't right and they are being stingy with their pay outs to those who suffered on the gulf. I think they may have only paid out 2 billion to date. i thought the 20 billion was being held somewhere? Does that matter if they are recouping it all back as a loss on their taxes? |
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Edited by
mightymoe
on
Fri 04/22/11 07:52 PM
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You seem to be shocked to learn that a business would write off a business expense on it's taxes. Isn't it Conservatives that are constantly reminding us that a business is not a charity? That it is in business to make money? Doesn't everybody know that? What did you expect that BP would be doing? They are recouping all of their losses over the oil spill so far. That isn't right and they are being stingy with their pay outs to those who suffered on the gulf. I think they may have only paid out 2 billion to date. i thought the 20 billion was being held somewhere? Does that matter if they are recouping it all back as a loss on their taxes? get your facts straight... only about 4 billion has been used, and the rest is being held till 2013... http://www.tampabay.com/news/business/bp-claims-czar-defends-payouts-of-just-38-billion-from-20-billion-fund/1164505 |
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sounds more like the libs are holding for BP, then going to give it back to them...
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You seem to be shocked to learn that a business would write off a business expense on it's taxes. Isn't it Conservatives that are constantly reminding us that a business is not a charity? That it is in business to make money? Doesn't everybody know that? What did you expect that BP would be doing? They are recouping all of their losses over the oil spill so far. That isn't right and they are being stingy with their pay outs to those who suffered on the gulf. I think they may have only paid out 2 billion to date. i thought the 20 billion was being held somewhere? Does that matter if they are recouping it all back as a loss on their taxes? i really wouldn't care if they would lower the gas prices... but obama had this planned when he made them put the 20 billion up in the first place... they never argued one bit, and jumped at the chance to give him 20 billion... another evil lib plot... |
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