A Tax Deduction Is Not A Subsidy

Oil companies receive no subsidies from the government and liberals should stop telling this lie immediately. Oil Companies take advantage of the same tax deductions all businesses do and the president and his group of liars use the term "subsidy" instead of "deduction" for oil companies only. Oil companies are heavily over-taxed and even with the deductions (known to liberals as subsidies) they still pay an effective tax rate of 41%, much higher that most companies. Someone taking 41% of the earnings of an enormous industry should act grateful, not resentful that they are not allowed to take more. What do you think would happen to the cost of gasoline if the deduction (known to liberals as subsidy) was removed from oil companies? I'll offer a hint, when you increase production costs the end product A-costs more or B-costs less. clarlarc