◼
the biggest "oil subsidy" Obama talks about is really a "domestic production" tax credit, benefitting domestic oil drilling, coal mining, and chopping down trees as well as manufacturing - Timothy P. Carney/Washington Examiner
...unlike, say, ethanol, nuclear, solar, wind, geothermal, electric cars, or any other form of "renewable" energy, oil doesn't get direct gifts or even targeted tax breaks from the federal government....
◼
Wasting time on oil company taxes - John E. Sununu/Boston Globe
The precise point at which a tax deduction becomes a “loophole’’ or a tax incentive becomes a “subsidy for special interests’’ is one of the great mysteries of politics.
