U.S. Taxpayers Have Subsidized Fossil Fuels for 111 Years, and Counting | For the fourth year in a row, President Biden is trying to eliminate federal tax breaks for coal, oil and gas companies.
U.S. Taxpayers Have Subsidized Fossil Fuels for 111 Years, and Counting | For the fourth year in a row, President Biden is trying to eliminate federal tax breaks for coal, oil and gas companies.
For the fourth year in a row, President Biden is trying to eliminate federal tax breaks for coal, oil and gas companies. But fossil fuel subsidies have proven difficult to stop.
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It’s so irrational that he can’t just… do it!? Like wasn’t he elected by Americans to make decisions on behalf of the people, of whom overwhelmingly support sensible decisions like this!?
I know the world is more complex than this but surely we need to unfuck the world like DAMN we’re just going to collapse instead…
The US government is designed to split power across multiple individials and institutions. So no, he can't just do some things. And changing the tax code is one of them.
Most people don't understand the US government. Not even at a broad "separation of powers" level.
In particular, Congress has the power to levy taxes and allocate budgets. All the President can do is influence, encourage. He has more influence within his own party but they all vote according to their beliefs, and he has very little influence on the opposing party