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Comment by MattGaiser

A lot of the "subsidies" are just deductions available to businesses in general, like tax credits for research and development or not being double taxed on foreign income. [0] I have even seen the deductibility of interest included in these reports.

The others are externality calculations. Important, but really what they are asking for is extra taxes and calling it a subsidy when no money is being spent.

[0] http://priceofoil.org/content/uploads/2021/06/End-Fossil-Fue...

Are there a large number of oil and gas specific subsidies?

parent MattGaiser 5 years ago

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