Originally Posted by 6SpeedTA95 emphasis mine 
[... snip]
Estimates show that the US could be producing 2.5 million barrels of its own oil each day, in addition to what we already produce, IF there were no taxes and royalties that have to get paid out. Instead we all pay the price of having tighter energy markets while politicians (usually on the left) push for higher taxes because making money is evil.
Could you provide a cite for that please?
FWIW in general i suspect that there is little difference in the effect on job growth/maintainance in fiddling with the ratio of corporate-personal tax burden.
Is there evidence on corps marginal propensity to invest?
OTOH
Judging by the behaviours I see the marginal propensity of individuals to invest/save is virtually nil & very possibly negitive, ..., at least in the west.
its is xmas shopping season & i always get depressed by it so perhaps i'm being unfair 
12-01-2007, 07:20 AM
