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Author Topic: MT Crow tribe's coal credit threatened by 'fiscal cliff' Back to Topics
Joeski1

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New Jersey

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Message Posted: Nov 19, 2012 10:41:54 AM

by Gregory Korte, USA TODAY

Published: 11/18/2012 07:04pm

WASHINGTON -- The Westmoreland Coal Co. gets $2.26 from the IRS for every ton of coal it mines off the Crow Indian reservation in Montana. That mine, in turn, supports the tribe through millions in taxes and royalties -- and 100 jobs with an average salary of $75,000.

That tax credit is one of the more obscure of the dozens of tax provisions set to expire Dec. 31 as part of the so-called fiscal cliff. And tribal leaders worry that without the credit, the mine could close.

"The Crow reservation has never had much in the way of economic development for as long as we've all known it," said Bill Watt, the tribal attorney. "We have 40% unemployment on reservations. We don't have opportunities in this sparsely populated area for casin
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LetemEatCake
Champion Author Oklahoma City

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Message Posted: Nov 20, 2012 11:52:33 PM


Very interesting article Joe...thanks for posting. This gave me a new perspective on Coal mining.
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MAC48
Champion Author Dallas

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Message Posted: Nov 20, 2012 1:52:46 PM

Joeski1 comment is “#1) There are fossil fuel subsidies.” -- No Joeski1, this does not prove that there are fossil fuel subsidies but it does prove that there is a very miniscule coal production subsidy in effect to assist the Crow tribe. You attempt to paint with too broad a brush to support your agenda so very often seen on this blog.

OrphancarguyPE comment is “If coal is 'such a good thing' then why does it need subsidies to pollute with high sulfur and high toxic heavy metals?” -- If the argument you expressed is really valid OrphancarguyPE, then what does your argument really say about the billions upon billions of taxpayer funds that have been given/loaned/granted to the wind and solar energy industries? It is quite obvious to supporters and detractors alike that the wind and solar industries cannot stand on their own two feet and have survived to this point based only on the governmental subsidies received to date.

[Edited by: MAC48 at 11/20/2012 1:56:59 PM EST]
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GDAE
Champion Author Wichita

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Message Posted: Nov 19, 2012 11:18:44 PM

We've been screwing the Indians for hundreds of years now.
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Buckeyee
Champion Author Maine

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Message Posted: Nov 19, 2012 6:54:33 PM

While interesting, this article fails the gas buddy guidelines !! Where is the connection Joe to gas, or oil ??
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SUNOIL
Champion Author Toledo

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Message Posted: Nov 19, 2012 5:00:43 PM

Don't worry about the cliff, they are working it out
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bluetruck54
Champion Author Quad Cities

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Message Posted: Nov 19, 2012 12:03:42 PM

another tax credit this is a waste of money.
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Ken2OD
Champion Author Grand Rapids

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Message Posted: Nov 19, 2012 11:59:22 AM

DAMNED if you do and DAMNED if you don't!
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skinsfan125
Champion Author Virginia

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Message Posted: Nov 19, 2012 11:35:59 AM

ok
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AriesMMD
Champion Author Sacramento

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Message Posted: Nov 19, 2012 11:16:40 AM

Why not just send out blankets and cloth infected with the ebola virus and finnish off the job that government agents started 130 years ago?
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RitaVespa
Champion Author Oregon

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Message Posted: Nov 19, 2012 11:13:13 AM

How can they have 40% unemployment? How much government money is already spent on this reservation? Get rid of tax credit
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MrDeath666
Champion Author Houston

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Message Posted: Nov 19, 2012 11:05:19 AM

Maybe they should return to attacking wagon trains.
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Goddeciano1
Rookie Author Ontario

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Message Posted: Nov 19, 2012 11:04:17 AM

Thanks
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Skunk63
Champion Author Phoenix

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Message Posted: Nov 19, 2012 11:02:06 AM

Flawed from the outset. It should never have been subsidized.
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YaBassa
Champion Author Michigan

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Message Posted: Nov 19, 2012 11:01:07 AM

Diversify!
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MrDeath666
Champion Author Houston

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Message Posted: Nov 19, 2012 10:59:51 AM

Did the "tribal attorney" mention they all voted for Obama for president? No sympathy from me.
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lesabreAZ
Champion Author Phoenix

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Message Posted: Nov 19, 2012 10:58:56 AM

avg of $75k? low end would be $37500...
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RONALD777
Champion Author Houston

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Message Posted: Nov 19, 2012 10:56:46 AM

I am sure they will still get their welfare checks every month.
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orphancarguyPE
Champion Author PEI

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Message Posted: Nov 19, 2012 10:52:18 AM

Joeski1 has it nailed. If coal is 'such a good thing' then why does it need subsidies to pollute with high sulfur and high toxic heavy metals? Tough luck on the Crow, but then again, if they had been thinking ahead, some of the royalties could have developed lots of local and sustainable industries over time. 5 jobs here, 2 jobs there, 6 jobs in yet another place--it all adds up over time.
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mazdaboy
Champion Author Portland

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Message Posted: Nov 19, 2012 10:48:47 AM

Probably don't want any fracking on their land.
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Radar1992
Champion Author Virginia

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Message Posted: Nov 19, 2012 10:48:32 AM

Once again...if you can't operate without government subsidies then you are not economically feasible...

The Crow do not want to take grants due to pride...Well Pride goes just before the fall...
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Joeski1
Champion Author New Jersey

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Message Posted: Nov 19, 2012 10:45:33 AM

#1) There are fossil fuel subsidies.

#2) why aren't these folks doing something sustainable instead of mining high sulfur coal at our expense?
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Norm10
Champion Author British Columbia

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Message Posted: Nov 19, 2012 10:45:08 AM

Why should they be exempt!
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