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<blockquote data-quote="PrairieGhost" data-source="post: 120780" data-attributes="member: 704">Ya, I was saying &quot;confusing&quot; with tongue in cheek.&nbsp; If I understand it correctly an oil company doesn't pay to import a barrel of oil if they had to pay the country of origin a tax to export it.&nbsp; On the other hand I wonder if they pay a tax here if they have to pay an import tax to the country shipped to?&nbsp; I read years ago that the oil industry saves 18 billion a year with this little tax manipulation.&nbsp; I can see why they do it, but that loophole should not exist.&nbsp; The tax code should be written to the benefit of the United States, not to the benefit of the oil company.&nbsp; I would guess there is a trail of lobbyists and money leading to this setup.&nbsp; Much like Hillary selling influence for money in the Clinton Foundation, just by republicans instead of democrats.&nbsp; They should all be cell mates.The villain isn't the oil company that operates for the most profit, the villians are the politicians who sell us out for personal profit.&nbsp; Most problems can be traced back to greed.&nbsp; Greed for money, power, fame, land etc.</blockquote>

[QUOTE="PrairieGhost, post: 120780, member: 704"] Ya, I was saying "confusing" with tongue in cheek. If I understand it correctly an oil company doesn't pay to import a barrel of oil if they had to pay the country of origin a tax to export it. On the other hand I wonder if they pay a tax here if they have to pay an import tax to the country shipped to? I read years ago that the oil industry saves 18 billion a year with this little tax manipulation. I can see why they do it, but that loophole should not exist. The tax code should be written to the benefit of the United States, not to the benefit of the oil company. I would guess there is a trail of lobbyists and money leading to this setup. Much like Hillary selling influence for money in the Clinton Foundation, just by republicans instead of democrats. They should all be cell mates. The villain isn't the oil company that operates for the most profit, the villians are the politicians who sell us out for personal profit. Most problems can be traced back to greed. Greed for money, power, fame, land etc. [/QUOTE]

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