Youtube comments of Jacob Watson (@jacobwatson3781).

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  1246.  @ManKzin  am a stranger and an alien residing among you; give me property among you for a burying place, so that I may bury my dead out of my sight.’ Genesis 23:4 You shall also love the stranger, for you were strangers in the land of Egypt. Deuteronomy 10:19 The alien who resides with you shall be to you as the citizen among you; you shall love the alien as yourself, for you were aliens in the land of Egypt: I am the Lord your God. Leviticus 19:34 ‘Cursed is anyone who withholds justice from the foreigner, the fatherless or the widow.’ Then all the people shall say, ‘Amen!’ Deuteronomy 27:19 When they were few in number, of little account, and strangers in the land, wandering from nation to nation, from one kingdom to another people, he allowed no one to oppress them; he rebuked kings on their account, saying, ‘Do not touch my anointed ones; do my prophets no harm.’ 1 Chronicles 16:19-22 I was eyes to the blind, and feet to the lame. I was a father to the needy, and I championed the cause of the stranger. I broke the fangs of the unrighteous, and made them drop their prey from their teeth. Job 29:15-17 The Lord watches over the strangers; he upholds the orphan and the widow, but the way of the wicked he brings to ruin. Psalm146:9 For if you truly amend your ways and your doings, if you truly act justly one with another, if you do not oppress the alien, the orphan, and the widow, or shed innocent blood in this place, and if you do not go after other gods to your own hurt, then I will dwell with you in this place, in the land that I gave of old to your ancestors forever and ever. Jeremiah 7:5-7 You shall allot it as an inheritance for yourselves and for the aliens who reside among you and have begotten children among you. They shall be to you as citizens of Israel; with you they shall be allotted an inheritance among the tribes of Israel. Ezekiel 47:22 Thus says the Lord of hosts: Render true judgments, show kindness and mercy to one another; do not oppress the widow, the orphan, the alien, or the poor; and do not devise evil in your hearts against one another. Zechariah 7:9-10 You have heard that it was said, ‘you shall love your neighbor and hate your enemy’. But I say to you, love your enemy and pray for those who persecute you. Matthew 5:43-44 I was hungry and you gave me food, I was thirsty and you gave me drink, I was a stranger and you welcomed me. Matthew 25:35 Truly I say to you, as you did it to one of the least of my brethren you did it to me. Matthew 25:40 You shall love the Lord your God with all your heart, and all your soul, and with all your strength, and with all your mind; and your neighbor as yourself. Luke 10:27 Then Peter began to speak to them: “I truly understand that God shows no partiality, but in every nation anyone who fears him and does what is right is acceptable to him. Acts 10:34 Contribute to the needs of the saints; extend hospitality to strangers. Romans 12:13 Owe no one anything, except to love one another; for the one who loves another has fulfilled the law. Romans 13:8 Love does no wrong to a neighbor, therefore love is the fulfilling of the law. Romans 13:10 In that renewal there is no longer Greek and Jew, circumcised and uncircumcised, barbarian, Scythian, slave and free; but Christ is all and in all. Colossians 3:11 Let mutual love continue. Do not neglect to show hospitality to strangers, for by doing that some have entertained angels without knowing it. Remember those who are in prison, as though you were in prison with them; those who are being tortured, as though you yourselves were being tortured. Hebrews 13:1-3 Beloved, you do faithfully whatever you do for the friends, even though they are strangers to you; they have testified to your love before the church. You do well to send them on in a manner worthy of God; for they began their journey for the sake of Christ, accepting no support from non-believers. Therefore we ought to support such people, so that they may become co-workers with the truth. 3 John 1:5 And I heard a loud voice from the throne saying, “See the home of God is among mortals. He will dwell with them as their God; they will be his peoples, and God himself will be with them.” Revelation 21:3
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  1742.  @Sam-sq3ut  Deductions for the costs of drilling wells Location in tax code: 26 U.S.C. § 263(c) Amount saved by repealing: $13.1 billion between 2016 and 2026 As a general practice, businesses deduct business costs from their income. But for large capital projects, they do so over the lifetime of the asset or project, not during the period in which the cost was incurred. Oil and gas companies, however, can deduct intangible drilling costs—nearly all of the expenditures a company makes to prepare a well for production—upfront, which can lower their taxable income significantly. Independent oil and gas producers can deduct 100 percent of their intangible drilling costs in the first year. Integrated oil companies can deduct 70 percent of these costs in the first year and then amortize the remaining 30 percent over five years. Domestic manufacturing deduction for oil and gas production Location in tax code: 26 U.S.C. § 199 Amount saved by repealing: $10.9 billion between 2016 and 2026 In 2004, Congress passed the American Jobs Creation Act, which included a tax deduction designed to incentivize domestic manufacturing in the United States and keep certain industries from moving abroad. Oil and gas producers can deduct 6 percent of taxable income derived from qualified domestic production activities. This tax break is a handout to the industry as domestic oil and gas production—by definition—cannot move abroad. Deductions for the depletion of oil and gas deposits Location in tax code: 26 U.S.C. § 613A(c)(1) Amount saved by repealing: $12.1 billion between 2016 and 2026 The tax code also allows certain oil and gas companies to recover costs associated with the depletion of the natural resource—the oil or gas deposit. The depletion allowance permits royalty owners and independent oil and gas producers to deduct 15 percent of the gross income from oil and gas produced from a well each year, rather than a deduction based on the actual exhaustion of the resource each year. Operators of low-producing marginal wells are permitted to deduct more than 15 percent—based on a statutory formula linked to the price of crude—and to deduct more than their net income from the property. These producers may be able to continue claiming the depletion deduction even after they have recovered the costs of acquiring and developing the property. This means that other taxpayers are effectively subsidizing their income. Deductions for the depletion of oil shale deposits Location in tax code: 26 U.S.C. § 613(b)(2)(B) Amount saved by repealing: The U.S. Treasury would save $840 million between 2016 and 2026 by repealing the depletion deduction for all hard mineral fossil fuels, of which oil shale is one. The amount applying to oil shale alone is unknown. Oil shale—located primarily in Utah and Colorado—is expensive to extract and process, is particularly harmful to the environment, and has yet to reach commercial scale in the United States. Despite these drawbacks, companies engaged in oil shale exploration and development can claim a 15 percent depletion allowance on income generated from these activities. Consequently, taxpayers are subsidizing environmentally harmful projects that are not needed, given high-levels of oil production elsewhere in the United States.
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  1743.  @Sam-sq3ut  Deductions for the costs of oil shale exploration and development Location in tax code: 26 U.S.C. § 617 Amount saved by repealing: The U.S. Treasury would save $768 million between 2016 and 2026 by repealing this tax preference for certain mining exploration expenditures, including expenditures for oil shale. The amount applying to oil shale alone is unknown. This tax preference allows oil and gas companies to deduct the costs of exploring and developing new domestic oil shale fields in the same tax year that the costs were incurred, rather than when those expenditures actually generate income. This means that companies engaged in oil shale production can incur costs exploring for deposits and deduct those costs from other income, whether or not they ever generate income on the property. This transfers the risk from the company to the taxpayer. Amortization of geological and geophysical expenditures Location in tax code: 26 U.S.C. § 167(h) Amount saved: $1.3 billion between 2016 and 2026 Oil and gas companies use geological and geophysical surveys in order to locate and assess potential mineral deposits. Rather than amortizing these expenses over the lifetime of the project, independent oil and gas producers are allowed to write off these expenses over two years, and large integrated oil and gas companies can use seven years. This lowers the companies’ taxable income. Deductions for tertiary injectants Location in tax code: 26 U.S.C. § 193 Amount saved by repealing: $100 million between 2016 and 2026 This tax deduction allows oil and gas companies to deduct the costs of using tertiary recovery methods, processes in which companies inject fluids and gases into older wells in order to recover additional oil. Companies can deduct the costs in the year they are incurred rather than when the expenditures generate income, thereby lowering their taxable income. Exception to passive loss limitation for working interests in oil and natural gas properties Location in tax code: 26 U.S.C. § 469(c)(3) Amount saved by repealing: $310 million between 2016 and 2026 The passive loss limitation allows taxpayers to deduct losses from passive activities—business activities in which a taxpayer has an economic interest but does not materially participate—against income from those activities. If the deductions exceed the passive income, the taxpayer must carry the remaining loss over to the next tax year. This rule is intended to prevent investors from using investments as tax shelters. Certain oil and gas interests, however, are exempt from this limitation and can use passive losses to reduce taxes on other business income.
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  2770. @Matthew Nelson  Recordings released to defense lawyers directly challenge assertions by prominent Republicans that an Arizona man named Ray Epps was a federal informant and helped start the Capitol riot. Prominent Republicans — including former President Donald J. Trump — have for months promoted a conspiracy theory that an Arizona man named Ray Epps was a federal informant who helped to instigate the attack on the Capitol on Jan. 6, 2021. The claims, made in congressional hearing rooms, on Fox News and at Mr. Trump’s political rallies, have largely been based on a video taken just before violence erupted at the Capitol, showing Mr. Epps at the barricades outside the building whispering into the ear of a man named Ryan Samsel.Within moments of the brief exchange, Mr. Samsel, a Pennsylvania barber, can be seen moving forward and confronting the police in what amounted to the tipping point of the riot. Despite lacking proof for their claims, many Republicans have surmised that Mr. Epps instructed Mr. Samsel to antagonize the officers. They have also pushed the notion that because Mr. Epps has not been arrested, he must have been working for the government. But for more than a year, well before the name Ray Epps was widely known in right-wing circles, federal authorities have had information — from both him and Mr. Samsel — suggesting that he was not a government agent and did not encourage the younger man to engage with the police that day.Just two days after the attack, when Mr. Epps saw himself on a list of suspects from Jan. 6, he called an F.B.I. tip line and told investigators that he had tried to calm Mr. Samsel down when they spoke, according to three people who have heard a recording of the call. Mr. Epps went on to say that he explained to Mr. Samsel that the police outside the building were merely doing their jobs, the people said.Then in late January of last year, in an interview with the F.B.I., Mr. Samsel said much the same thing, telling investigators that a man he did not know came up to him at the barricades and suggested he relax, according to a recording of the interview obtained by The New York Times. “He came up to me and he said, ‘Dude’ — his entire words were, ‘Relax, the cops are doing their job,’” Mr. Samsel said. The theories surrounding Mr. Epps have been debunked before, most notably after he spoke last year to investigators working with the House select committee examining the Jan. 6 attack. During the interview, committee officials said, Mr. Epps said that he was not an F.B.I. informant and denied reports that he had urged protesters to go into the Capitol at the behest of federal law enforcement agencies.Still, the rumors about him have persisted, becoming regular fodder for right-wing politicians and media figures. Last month, Representative Marjorie Taylor Greene, Republican of Georgia, mentioned Mr. Epps — and his supposed role in fomenting the Capitol riot — during a hearing in Atlanta held to determine whether she should be labeled an “insurrectionist” and barred from office under the Constitution. The recordings of Mr. Epps and Mr. Samsel were released by the government last week as a discovery disclosure to scores of defense lawyers representing people charged with crimes in connection with the Capitol attack. A spokesman for the Justice Department declined to comment on why prosecutors have held on to the material so long and decided not to make it public.Right-wing chatter about Mr. Epps, who is 60 and runs a wedding and event venue in Queen Creek, Ariz., began last spring after videos of him at a pro-Trump rally in Washington started to circulate online. Aside from the clip with Mr. Samsel, Mr. Epps was caught on video standing in a crowd of Trump supporters on the night of Jan. 5, 2021, urging his compatriots to “go into the Capitol” the next day.a hearing in October, Representative Thomas Massie, Republican of Kentucky, showed the clip of Mr. Epps encouraging the crowd and used it to question Attorney General Merrick B. Garland about whether federal agents had acted as agitators on Jan. 6. The story about Mr. Epps gained further traction near the one-year anniversary of the Capitol attack when the Fox News anchor Tucker Carlson featured it in a documentary called “Patriot Purge,” which suggested that the Capitol attack might have been a “false flag” operation by the government. Not long after, questions about Mr. Epps were raised again at a Senate hearing — this time by Senator Ted Cruz, Republican of Texas. “There are a lot of people who are understandably very concerned about Mr. Epps,” he said.According to the people who have heard the recording of Mr. Epps, he told the F.B.I. during his call that instigators might have been in the crowd outside the Capitol on Jan. 6. But he explained that he was not one of them and did not suggest that anyone who might have encouraged the mob that day was working for the government.Mr. Epps also suggested during the call that he believed that the 2020 election was stolen from Mr. Trump. The recording of Mr. Samsel appears to be a brief clip of a longer interview with the F.B.I. that took place in late January 2021 after he was arrested and charged with assaulting a police officer at the Capitol. In the same interview, Mr. Samsel told the F.B.I. that another person in the crowd outside the Capitol, Joseph Biggs, a leader of the far-right group the Proud Boys, also pulled him aside that day and spoke to him just before he confronted the officers.While Mr. Biggs has denied the account, Mr. Samsel told investigators that Mr. Biggs encouraged him to push at the barricades and that when he hesitated, the Proud Boys leader flashed a gun, questioned his manhood and repeated his request.
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