Tax code expenditures 2

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We are subsidizing ethanol and other energy sources so that they can compete with oil.

But we are also presently subsidizing oil companies. A proposal came to the Senate that we should stop that activity. Senato Wicker (R of Mississippi) voted against it and said: "The suggestion that the appropriate response to soaring gasoline prices is greater taxation upon the companies that produce gasoline runs counter to common sense."

That is, Wicker argues that to stop a subsidy is an increase in taxes.

So much for the notion that the debt was all the Democrats doing.
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