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Response to DonViejo (Original post)

Wed Mar 31, 2021, 03:30 PM

26. I Still Don't Get The Dereg Zealotry

Companies already have 10s of billions in sunk capital on emission mitigation.
The day to day operating costs are a pittance because it requires one person, at most, and most are highly automated.
The long term depreciation on that capital raises expenses, thereby lowering the taxable net income. Hence, the tax bill goes down.
Eliminating the regulations is not the money pot advertised.
Either it's libertarian faith (aka nonsense) that propels people to that position, or they've been suckered into believing there's big profits to be obtained. There isn't.

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DonViejo Mar 31 OP
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SunSeeker Mar 31 #24
LineReply I Still Don't Get The Dereg Zealotry
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