Obamanomics.. The truth!!!!!

Open and general public discussions about things outside of Lakewood.

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ryan costa
Posts: 2486
Joined: Fri Jan 06, 2006 10:31 pm

Post by ryan costa »

Stephen Eisel wrote:Who owns the oil??

The "alaskans" "own" the "oil". They spread the wealth around. There are high royalties and high taxes on oil in Alaska. Maybe the Oil companies in Alaska will shut down or leave because the taxes are so high there.
"Is this flummery” — Archie Goodwin
Stephen Eisel
Posts: 3281
Joined: Fri Jan 26, 2007 9:36 pm

Post by Stephen Eisel »

ryan costa wrote:
Stephen Eisel wrote:Who owns the oil??

The "alaskans" "own" the "oil". They spread the wealth around. There are high royalties and high taxes on oil in Alaska. Maybe the Oil companies in Alaska will shut down or leave because the taxes are so high there.
LOL... not as long as the black gold is flowin....
Stephen Eisel
Posts: 3281
Joined: Fri Jan 26, 2007 9:36 pm

Post by Stephen Eisel »

Steve Hoffert wrote:
Stephen Eisel wrote:
Are you a flat tax proponent for the elimination of all deductions?
yes!


That's good because I am as well. The tax system currently benefits specific wealthy individuals with certain loopholes and until they eliminate those I will be a proponent for what I previously stated.
and a National Sales Tax (flat tax of 18%) would also help to tax those people who are involved in illegal activities :wink:
ryan costa
Posts: 2486
Joined: Fri Jan 06, 2006 10:31 pm

Post by ryan costa »

Stephen Eisel wrote:
Steve Hoffert wrote:
Stephen Eisel wrote:
Are you a flat tax proponent for the elimination of all deductions?
yes!


That's good because I am as well. The tax system currently benefits specific wealthy individuals with certain loopholes and until they eliminate those I will be a proponent for what I previously stated.
and a National Sales Tax (flat tax of 18%) would also help to tax those people who are involved in illegal activities :wink:


It is possible to tax specific purchases. my automobile plates, title, and registration are taxes on buying and owning an automobile.
"Is this flummery” — Archie Goodwin
Jeff Endress
Posts: 858
Joined: Mon Apr 04, 2005 11:13 am
Location: Lakewood

Post by Jeff Endress »

The "alaskans" "own" the "oil".


Well, I'm not sure that they do. A little history:

Russia was in a difficult financial position and feared losing the Alaskan territory without compensation in some future conflict, especially to their rivals the British, who could easily have captured the hard-to-defend region. Therefore Emperor Alexander II decided to sell the territory to the US and instructed Russian minister to the United States, Louis Baydalal, to enter into negotiations with Seward in the beginning of March 1867. The negotiations concluded after an all-night session with the signing of the treaty at 4 o'clock in the morning of March 30, 1867[1] with the purchase price set at $7,200,000 (about 1.9¢ per acre). American public opinion was generally positive, but some newspaper writers and editors had negative feelings about the purchase of land. Notably, one of those men was Horace Greeley of the New York Tribune. An example of this is a quotation:


Many Alaskans, don't like federal involvement and control, but the fact is that vast tracts of Alaska are National Wildlife refuges, National forests, etc....because the Federal government bought them...which is why the control of logging and oil drilling comes from Washington. Not entirely sure about the interplay between big oil, Alaska, Washington, taxes, leases, etc., but, the reality is that most of Alaska is "owned" by the US.

Jeff
To wander this country and this world looking for the best barbecue â€â€
Stephen Eisel
Posts: 3281
Joined: Fri Jan 26, 2007 9:36 pm

Post by Stephen Eisel »

Good post Jeff... Hell must be cold today :lol: :lol: :lol:
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