write offs and preferences and things like that. it s time now for the things like that. it s time now for the non things like that. it s time now for the non oil and gas energy business to get some kick starts, where the risk is too high for the private sector which is the most important thing here to invest money. here in the uk, the labour party have suggested a windfall tax on oil companies, certainly at the moment to help people pay for, the consumer to pay for the higher energy bills. goodidea for the higher energy bills. good idea or not? actually, they are good idea or not? actually, they are justifiable - good idea or not? actually, they are justifiable because j good idea or not? actually, i they are justifiable because in they are justifiable because in the end, the resources are owned by the nation. so i would remind everybody except in the united states, there is some exceptions in the us, was everywhere in the world, when you go and explore and produce oil and gas
was subsidised by taxes, they were given a write offs, preferences etc. it is time now for the non oil and gas energy business to get some kick starts where the risk is too high for the private sector, which is the most important thing here, to invest money. here in the uk the labour party have suggested a windfall tax on oil companies to help people pay for the consumers to pay for the higher energy bills. that is justifiable because in the end of the resources are owned by the nations. except in the united states, almost everywhere else in the world when you go and explore and supply oil and gas you are doing so under licence. most nations want to keep people
The ongoing Covid-19 pandemic since March 2020 has not only hurt the people, but has also hit the banking industry hard with NPAs write-offs shooting up significantly, as per an RTI reply.
your value of your asset in order to get a bigger loan you possibly can t pay back later. it s consequential when you go to tax authorities and low ball a property so you have to pay fewer taxes on it. it s also consequential if you claim environmental write-offs against a property by inflating the value of the asset in that case. and then it has a whole possible stew of problems with insurers in which he s made claims for losses than are more excessive than the losses he possibly incurred and he possibly pocketed the differences. all of that is in play right now. and i think the other thing significant about this second grand jury is it appears to be focusing much more directly this is tea leafing right now, but it appears to be focusing much more directly on donald trump himself and his own culpability than some of the
you and i both hate hypocrisy and i think we want government to look for people and we are seeing obviously a lot of money come into the federal nearly, i grew up in illinois, a place that s covid in they haven t gotten their fair shake fair share in this you left behind. the problem is middle america and people who don t have good boys and good accountants are paying the most so what you see is people paying their fair share paid a lot. i would be for a flat tax so everybody pays the same% if they actually pay her taxes because the problem is, we see this with warren buffett pays less and his secretary because of the write-offs and tax breaks and loopholes that he s eligible for