Problem is, tax is not intended as a form of punishment. A fine would be, if they broke any laws or regulations that were in place at the time of the incident. If they indeed made no profit, then they should not be taxed as if they did. I'm not saying they should be let off the hook. But essentially taxing them more than everyone else to rectify a liability is not the way this should be handled. I have zero problem with making them pay for valid and reasonable damages caused by the spill.bigbadberry3 wrote:I guess I look at it in a different light. They caused their own problem, so why should I have to help them out of it? Yes I know the tax code allows it, against my wishes, but If you've been following the cleanup and such, you can see how little BP has put forth so far.
I also am aware of BP is franchised but that is a consequence of associating yourself with a corporation. Free market choice.
I guess I'm more upset at the fact that I've had some business ventures go sour and didn't get a nice tax break for them. If your business messes up you should have to pay for your own mistakes. Maybe I'm upset still upset at the continuing bailouts I feel large corporations get. But I'm glad we agree that they have to at least pay for the damages.C-Kwik wrote:Problem is, tax is not intended as a form of punishment. A fine would be, if they broke any laws or regulations that were in place at the time of the incident. If they indeed made no profit, then they should not be taxed as if they did. I'm not saying they should be let off the hook. But essentially taxing them more than everyone else to rectify a liability is not the way this should be handled. I have zero problem with making them pay for valid and reasonable damages caused by the spill.bigbadberry3 wrote:I guess I look at it in a different light. They caused their own problem, so why should I have to help them out of it? Yes I know the tax code allows it, against my wishes, but If you've been following the cleanup and such, you can see how little BP has put forth so far.
I also am aware of BP is franchised but that is a consequence of associating yourself with a corporation. Free market choice.
I'm curious, why aren't you also boycotting Exxon/Mobil? Afterall, they negotiated down their fine for the Valdez oil spill , one of the worst in history, to a relative slap on the wrist based on their income, and they were able to write off their losses.bigbadberry3 wrote:http://www.foxnews.com/politics/2011/04 ... ses-spill/
I know BP makes money from other avenues but no one has yet to tell me what else there is to boycott from them. Oh and their stock is also back to where it was about pre-spill.
Because I was about 2 when that happened.Bubba1 wrote:I'm curious, why aren't you also boycotting Exxon/Mobil? Afterall, they negotiated down their fine for the Valdez oil spill , one of the worst in history, to a relative slap on the wrist based on their income, and they were able to write off their losses.bigbadberry3 wrote:http://www.foxnews.com/politics/2011/04 ... ses-spill/
I know BP makes money from other avenues but no one has yet to tell me what else there is to boycott from them. Oh and their stock is also back to where it was about pre-spill.
Or how about Texaco? why are you not boycotting them too?. They lost a large embarrassing racial discrimination lawsuit. And to add insult to injury, the CEO punished the executives that were caught on tape by.... suspending them with pay!
bigbadberry3 wrote:Because I was about 2 when that happened.
1996 (for the Texaco scandal) and 1989 (for Exxon Valdez) is not exactly ancient history. My point is it seems kinda silly to me to be angry enough to want to take action against one specific oil company's bad behavior when several others have done equally appalling things.IBCoupe wrote:I'll side with Berry on this one. Hard to get worked up about a tragedy you weren't around for.
Again, I was 2 and 9 respectively. I can't go back through history and boycott everything that every major company has done wrong. I will however voice my opinion in society when I have power to a time relevant event.Bubba1 wrote:1996 (for the Texaco scandal) and 1989 (for Exxon Valdez) is not exactly ancient history. My point is it seems kinda silly to me to be angry enough to want to take action against one specific oil company's bad behavior when several others have done equally appalling things.IBCoupe wrote:I'll side with Berry on this one. Hard to get worked up about a tragedy you weren't around for.
bigbadberry3 wrote:Again, I was 2 and 9 respectively. I can't go back through history and boycott everything that every major company has done wrong. I will however voice my opinion in society when I have power to a time relevant event.
IBCoupe wrote:Curse you, Berry, for not having a strong gut reaction about a huge news item from before you were out of diapers!
IBCoupe wrote:, that poor woman who's going to be drugged, violated, and still come out disappointed.
That's okay Greg, I love pile ons....AZhitman wrote:Lemme pile on here...
Using that logic, Joel, shouldn't you be boycotting Nissan? I mean, we've all read about their absolutely inexcusable treatment of the owner of the domain name nissan.com, right?
I agree, but my point is if you want to boycott a company for doing something specifically despicable, does it make sense to divert your partronage to another company that has done the same despicable thing?AZhitman wrote: Point is, EVERY company has done something despicable if you look hard enough.