The Small Business Tax Help Blog

Archive for July, 2009

Question: Does America have the energy to be serious about global climate change?

Do we have the energy to do big things in a sustained, focused and intelligent way? Some say we are in the midst of a national political brownout, given that Hillary Clinton sides with John McCain on a gas holiday proposal to push for suspension of the federal excise tax on gasoline, 18.4 cents a gallon, for this summer’s travel season.

Also, it seems, Congress has been bickering over whether and how to renew the investment tax credit to stimulate investment in solar energy and the production tax credit to encourage investment in wind energy.

I love the name of the article.

http://www.stopglobalwarming.org/sgw_read.asp?id=1011164302008

Evans_Michael_ya, for heaven’s sake, go back and finish the danged article! We’re trying to have a discussion here!!

Answer: I stopped reading the article here:

"This is money laundering: we borrow money from China and ship it to Saudi Arabia and take a little cut for ourselves as it goes through our gas tanks. What a way to build our country."

I now see why so many people believe in AGW. And yes the title DOES fit, just not as the author intended.

Edit: Wow, Bob, I wasn't going to point fingers. Thanks for volunteering!

Edit: Fine...I read further. I had to stop again here:

"These credits are critical because they ensure that if oil prices slip back down again — which often happens — investments in wind and solar would still be profitable. That's how you launch a new energy technology and help it achieve scale, so it can compete without subsidies."

I'm sorry...if you're not laughing at the above statement, you're not paying attention.

One more:

"While all the presidential candidates were railing about lost manufacturing jobs in Ohio, no one noticed that America's premier solar company, First Solar, from Toledo, Ohio, was opening its newest factory in the former East Germany — 540 high-paying engineering jobs — because Germany has created a booming solar market and America has not."

First Solar is headquartered in Phoenix, AZ (not Ohio). It's a 22 BILLION dollar, international corporation. Even at this size, it's growing in leaps and bounds due to the global market for it's products (thanks to government subsidies/regs in other countries). Its earnings are predicted to grow at a staggering 46% annually over the next 5 years! The author is trying to say this company can't compete without taxpayers subsidizing it in the states??

LOL!!! What an excellent title!

Nigeria : SIM Card Registration

The decision of the Nigerian Communications Commission (NCC) to commence the registration of all Subscriber Identity Module (SIM) card holders in the country is a commendable step towards bringing sanity to the Global System for Mobile (GSM) Communication and Code Diversion Multiple Access (CDMA) sectors and addressing the security crisis in Nigeria.

Chuck Baldwin on National ID, Income Tax, Fed Reserve & Iraq