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Energy Transfer Partners, L.P. Message Board

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  • joebo246 joebo246 Mar 8, 2009 5:30 PM Flag

    When Obama start to tax MLPs like C-corps,

    I've tried to keep an open mind so I went to morningstar.com to see the definition od MLP and it says "the purpsoe of MLP is to avoid taxes, by distibuting income directly to unit holders who pay the tax (once) instead of twice in the form of corporate income tax and then personal dividends.

    Seems to me if the democrats can get their hands on it they will want to..... another negative is Obama never says a positive word on oil or natural gas.... everything is solar, wind, ethanol, and clean coal...and pipelines don't carry those items...(ok KMP is trying ethanol, but it isn't working out). I know many people who regret voting for Obama already.... he and the democrats seem to have declared war on anyone with a little money.... and it reminds me of the late 70's under carter when people abandoned the stock markets.... why risk your money? even if you win you need to pay higher taxes... that's what happening now....

 
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