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by prostoalex 3755 days ago
I am not particularly opposed to their argument (crony capitalism is evil, after all) but their omission of decades of handouts to fossil-based businesses, as well as variety of present-day deductions crafted specifically for those industries makes the argument hypocritical or incomplete, to say the least.
1 comments

Many of those "handouts" are legitimate tax breaks that all manufacturing companies receive, even Apple and Microsoft, only oil companies get capped at 6% on their section 199 [1] where everyone else gets 9%

[1] http://www.forbes.com/sites/energysource/2012/04/25/the-surp...

And many of them are subtle but gigantic subsidies, like allowing them and their customers to poison the population without consequence, not even paying for the damages.