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Are automobiles a major cause of global warming?
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I'll bet if that movie had come out this year, everyone in the theatre would have jumped up and cheered!!
2013 LX 570 2016 LS 460
Special tax rules apply to these investments that are unique to the refining industry. Title 179C of the tax code allows the refining companies to deduct the value of these investments from their tax returns at a highly accelerated rate. Rather than spread the expense over the life time of the equipment, say 20-30 years, the refiners are allowed to expense (i.e., deduct from their taxable income) 50% in the first year and expense the rest through the next 9 years.
One person's legitimate deduction is another's government giveaway. Who says we need special tax rules for refining? (Other than the refiners that is, LOL).
The really dumb one was the depletion allowance that went away back in the 70s or so.
Absolutely true. The mortgage interest or child deductions are both unfair to a renter with no kids. We just went to our CPA yesterday. The tax code for 2012 is still not completed by the IRS. The complexity is mind boggling. So yes you can pick and choose which deductions you think are good or bad. It comes down to the Feds are the ones that make the rules. I consider the $7500 tax credit for the rich to buy their EV toys a sham. Not to mention the C4C boondoggle. That has turned out to be an environmental nightmare.
2013 LX 570 2016 LS 460
Can't wait for the finagling over what's defined as "income". And is that based on payroll or "wealth"? What about pass through of stuff that already been taxed, like corporate dividends? What about operating expenses (unless you intend to not tax businesses)?
Michigan has a flat state income tax (4.3%). So those with less income pay (most everyone in the UP) pay a higher proportion of their income in total taxes than most of those in Bloomfield Hills (which ranks in the top five wealthiest small US cities).
Bloomfield Hills is 25 miles from Detroit and home to the gentleman who ran American Motors. AMC designed a nickel-cadmium battery powered Rambler station wagon. Way back in 1969. :-)
44 years later you can buy battery powered cars. In another 44 years, maybe we'll have a reformed tax structure, lol.
2013 LX 570 2016 LS 460
In 1900 Prof. Ferdinand Porsche unveiled his Lohner Porsche, an electric car with wheel-hub motors driving the front wheels. Soon after, this car featured all-wheel drive and four-wheel brakes, another world first. A highlight of his early years as an automotive designer was the Lohner-Porsche Semper Vivus that went down in history 111 years ago as the first functional hybrid car.http://press.porsche.com/news/release.php?id=642
I could live with 4.3% state income tax. CA is about 11% now. Which does bring down a person's AGI making less Federal tax. So CA is effectively stealing money from the rest of the citizens of the USA with their higher income tax. The key is where the income is derived? If income is LTCG some one in Bloomfield may pay a smaller proportion. If it is regular income the fat cat will pay a higher proportion (percentage) of his income. You frugal cats in the UP may end up with a higher proportion of your gross income than the fatcat in Bloomfield that is way over extended on house and fancy foreign cars. Living within one's budget is much more stress free.
This explains where we are today in the USA.
http://www.youtube.com/embed/Li0no7O9zmE
And there's a difference between someone who has the option to be a bit frugal by choice and someone like my next door neighbor who lost his job when the business he worked for shut down. He's one of those who got extended unemployment benefits and some school tuition that folks in here complained about the other day. If he has to bail out for ND (unlikely since he's my age), his empty house will drag down my property values. I can already see two uninhabited houses from my house, including one condemned one. Just another example of how having a social safety net helps my personal bottom line.
Back to cars, AMC contracted with someone to work on lithium batteries two years earlier than their e-vehicle, so that was 1967.
As far as examples of people suffering from job losses, I am surrounded by them here. Most of the extended unemployment is gone and people are trying to get on welfare. Without little mouths it is near impossible. I recommended Rocky head over to ND, and he did not think it was a good idea. So he is living at home. No real job prospects. The safety net should include jobs. Even WPA type jobs if you could get anyone to work like they did in the depression. Doubtful.
I know that all the GW conspiracy folks will say that all this snow is caused by global warming, and somehow they will do it with a straight face. I can't believe there are still sheep who believe these lying bandits.
2013 LX 570 2016 LS 460
The latest juxtaposition are the fires last week north of Denver that caused hundreds of evacuations followed by an unusual blizzard yesterday in Denver during the FIFA soccer match. (Quartz)
Give it a couple more years and it will change to global cooling. Oh the humanity. The ice at the North Pole will become so thick the earth will surely tip over.
The only way to save the earth will be to spend billions to have hundreds of scientists do more useless studies to assess the situation.
Al Gore is licking his chops.
2013 LX 570 2016 LS 460
Just more sheep fodder.
Al Gore is out campaigning for his carbon credits again. I am sure enthused about having the highest priced utilities in the country as a result of Al Gore the charlatan.
"Yet a carbon tax, which has all those characteristics, is struggling to find support from the US administration or in Congress. It deserves much wider enthusiasm."
http://blog.algore.com/2013/03/time_has_come_for_a_carbon_tax.html
The Great Hurricane of 1780 killed at least 22,000 people. Was that man made CC? Or the Galveston 1900 Hurricane with as many as 12,000 killed. Man is insignificant when dealing with natural disasters. Trying to give man credit is total arrogance IMO.
Earthquakes from Fracking, may be.... :confuse:
About 10 inches of snow yesterday and today so far with another few inches to follow tonight and tomorrow. I am sure glad my wife, our dog, and I all get along fairly well !
2013 LX 570 2016 LS 460
A few months ago, a group of students in Oslo produced a brilliant spoof video that lampooned the charity pop song genre. It showed a group of young Africans coming together to raise money for those of us freezing in the north. “A lot of people aren’t aware of what’s going on there right now,” says the African equivalent of Bob Geldof. “People don’t ignore starving people, so why should we ignore cold people? Frostbite kills too
The reaction to the 2003 heatwave was extraordinary. It was blamed for 2,000 deaths, and taken as a warning that Britain was horribly unprepared for the coming era of snowless winters and barbecue summers. The government’s chief scientific officer, Sir David King, later declared that climate change was “more serious even than the threat of terrorism” in terms of the number of lives that could be lost. Such language is never used about the cold, which kills at least 10 times as many people every winter. Before long, every political party had signed up to the green agenda.
Since Sir David’s exhortations, some 250,000 Brits have died from the cold, and 10,000 from the heat. It is horribly clear that we have been focusing on the wrong enemy. Instead of making sure energy was affordable, ministers have been trying to make it more expensive, with carbon price floors and emissions trading schemes. Fuel prices have doubled over seven years, forcing millions to choose between heat and food – and government has found itself a major part of the problem.
http://www.telegraph.co.uk/health/elderhealth/9959856/Its-the-cold-not-global-wa- rming-that-we-should-be-worried-about.html
http://vimeo.com/2578284
Weak economic growth and the pause in warming is undermining governments' willingness to make a rapid billion-dollar shift from fossil fuels. Almost 200 governments have agreed to work out a plan by the end of 2015 to combat global warming.
"The climate system is not quite so simple as people thought," said Bjorn Lomborg, a Danish statistician and author of "The Skeptical Environmentalist" who estimates that moderate warming will be beneficial for crop growth and human health.
http://www.reuters.com/article/2013/04/16/us-climate-slowdown-idUSBRE93F0AJ20130- 416
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Volcanoes also put out huge amounts of Sulfur Dioxide. I think the more scientist learn the less they really know.
2013 LX 570 2016 LS 460
"The new normal in the coming decades is going to be more and more extreme flood-drought-flood cycles like we are seeing now in the Midwest, and this sort of weather whiplash is going to be an increasingly severe pain in the neck for society. We'd better prepare for it, by building a more flood-resistant infrastructure and developing more drought-resistant grains, for example. And if we continue to allow heat-trapping gases like carbon dioxide continue to build up in the atmosphere at the current near-record pace, no amount of adaptation can prevent increasingly more violent cases of weather whiplash from being a serious threat to the global economy and the well-being of billions of people"
Extreme Drought to Extreme Flood: Weather Whiplash Hits the Midwest (wunderground.com)
Different kind of "gas" but that trend would augur well for EVs.
"On March 26th 2013, retired Professor Don Easterbrook from Western Washington University gave a devastating testimony before a Washington State Senate Committee against the belief that human induced CO2 is causing global warming. He opened up his presentation by criticizing media bias and the politicization of science through climate change, and said the planet is getting cooler rather than warmer."
Read more: http://www.americanthinker.com/2013/04/the_snows_of_rainier.html#ixzz2RmoMlIjz
Whenever I read about anything with the name "Intergovernmental Panel", I reach for my wallet (insert broken down emotorcon here)
Russian Scientists Warn Global Temperatures To Fall 1.5°C By 2050. Strong Doubts About Warming
By P Gosselin on 5. April 2013
Yesterday Germany’s No. 1 daily (circulation over 3.5 million), Bild online, carried the shock headline story: “Russian scientist sees next ice age approaching. Starting in 2014 it will start getting colder and colder +++ migration of people cannot be excluded“
http://notrickszone.com/2013/04/05/russian-scientist-warns-global-temperatures-t- o-fall-1-5c-by-2050-and-global-cooling-refuges/
PS
People here in Ohio saying this is a miserble cold Spring so far.
It was warmer and sunnier in Bethel than it was back home last week. But that changed fast and the last couple of days have been high 60s and we hit 70 today. The snow is going fast.
2013 LX 570 2016 LS 460
Fast forward to today, May 2nd, 4 PM. It is 33 degrees and snowing heavily. The ground is already covered. Forecast yesterday said we might get some flurries but mostly rain with no freeze. Forecasts now are all over the board...from 1 inch to 8 inches. We'll see.
2013 LX 570 2016 LS 460
2013 LX 570 2016 LS 460