$TTD with a rough run as of late...

planoaggie123 said:

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$TTD with a rough run as of late...

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They are down into a support zone with 56.64 floor.

Be watching for some direction from here.



Unrelated but VIX dropping while macros drop too. Doesn't make sense.

bungled opportunity by the bulls. I am going to hold onto this and see where it lands

Democrats unveil plan to issue quarterly checks to Americans by taxing oil companies posting huge profits (msn.com)

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Democrats introduced a bill on Thursday to tax the largest oil companies recording their biggest profits in years and use the money to provide quarterly checks to Americans facing sticker-shock just about everywhere they look.

The legislation would apply only to large firms like ExxonMobil that produce or import over 300,000 oil barrels per day and exempt smaller companies. The 50% tax would be imposed on the difference between the current price of a barrel and the average price between 2015 to 2019.

Rep. Ro Khanna of California and Sen. Sheldon Whitehouse of Rhode Island are the bill's main sponsors. Other co-sponsors includes Sens. Bernie Sanders of Vermont, Elizabeth Warren of Massachusetts, Michael Bennet of Colorado, and Sherrod Brown of Ohio among others.

The plan would also establish a quarterly payment program to provide direct payments to Americans struggling with rising prices. The income thresholds were similar to the third stimulus check issued last year: Tax filers making under $75,000 for individuals and $150,000 for couples would receive the payments. At $120 per barrel, single-filers would receive $240 a year and joint-filers would get $360.

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Quote:

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Democrats rolled out a plan to issue quarterly checks to Americans paid for with big oil profits.

"The bigger thing is that it's going to save everyone money," Rep. Ro Khanna said in an interview.

The proposal faces steep odds for passage given GOP resistance.

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Y'all will love this pile of bull****, especially you O&G guys. I doubt any of the supporters of this bill could pass an econ course.

Ok, cool. Now do it for all the other industries making massive war profits.

ProgN said:

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Democrats unveil plan to issue quarterly checks to Americans by taxing oil companies posting huge profits (msn.com)

Quote:

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Democrats introduced a bill on Thursday to tax the largest oil companies recording their biggest profits in years and use the money to provide quarterly checks to Americans facing sticker-shock just about everywhere they look.

The legislation would apply only to large firms like ExxonMobil that produce or import over 300,000 oil barrels per day and exempt smaller companies. The 50% tax would be imposed on the difference between the current price of a barrel and the average price between 2015 to 2019.

Rep. Ro Khanna of California and Sen. Sheldon Whitehouse of Rhode Island are the bill's main sponsors. Other co-sponsors includes Sens. Bernie Sanders of Vermont, Elizabeth Warren of Massachusetts, Michael Bennet of Colorado, and Sherrod Brown of Ohio among others.

The plan would also establish a quarterly payment program to provide direct payments to Americans struggling with rising prices. The income thresholds were similar to the third stimulus check issued last year: Tax filers making under $75,000 for individuals and $150,000 for couples would receive the payments. At $120 per barrel, single-filers would receive $240 a year and joint-filers would get $360.

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Quote:

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Democrats rolled out a plan to issue quarterly checks to Americans paid for with big oil profits.

"The bigger thing is that it's going to save everyone money," Rep. Ro Khanna said in an interview.

The proposal faces steep odds for passage given GOP resistance.

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Y'all will love this pile of bull****, especially you O&G guys. I doubt any of the supporters of this bill could pass an econ course.

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Just more cloward piven from the commie left

Crippling domestic production and then taxing them extra on top of that. Great way to cripple a large domestic industry. This is a witch hunt. Makes sense if you don't think about it.

What a freakin' joke.

These Bill sponsors need to be made to go cut a switch from a tree and head to the wood shed.

Redistribution. Will not stop at O&G. Let's have Big Banks redistribute their gains. Hell, cut to the chase...all businesses just need to have profits redistributed. ...Oh wait,...

Trading:
Discovery voted to accept the Warner Media deal. New company Warner Bros Discovery (WBD). Close date not set. Look out NFLX,...we're coming for you and bringing hell with us.

Saltyag15 said:

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Crippling domestic production and then taxing them extra on top of that. Great way to cripple a large domestic industry. This is a witch hunt. Makes sense if you don't think about it.

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the American public is under siege by the DNC and the Biden Admin.

Maybe Brian Earl Spliner or Old McDonald on here can buy more ROKU stock with the government stimmies they voted for.

We should do that with federal employees, any federal employee with income or a net worth higher than the average American citizens non-government income will have their income and net worth confiscated so both are equal to the national average.