InvestorsHub Logo

old man river

10/31/22 10:42 AM

#12418 RE: Steve1978 #12416

I would expect that the GOP will cancel the minimum tax on corporations and fund the lost revenue from canceling some green initiatives.

Budget allocations does not necessarily translate into cash spending. Monies not spent in a given year tend to roll over to the following year. However, with a new government, they can merely call the whole thing off.

Working for a government as opposed to Big Oil lobbyists would be an interesting thing to watch. Who would win? ExxonMobil could give a 1 million to various candidates and PAC's to put the kibosh on green projects. It is politics and not what makes environmental or commercial sense.