Maxine is posturing for the cameras, she has no chance of nationalizing the US industry.
Putin, on the other hand, is not posturing, he is doing it.
So I wouldn't hold Russia up as an example of what to do.
Quote:
Originally Posted by Mule
From your site:
"The state funnels most of the profits from oil prices above $30 a barrel through export and extraction taxes into its Stabilization Fund. Russian oil companies pay 24% income tax and then production taxes based on the market price of oil. As a result the companies are left with about 10% of their upstream profits. Still, both Lukoil and Rosneft are better off than some since they refine 40% of their output."
That 10% number sounds familiar. Plus, Comrade Maxine is telling them she would nationalize, given the chance.
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