# Section 199 on The No Agenda Show

Section 199 comes up in 3 chapters across 3 episodes of The No Agenda Show, from April 2012 to October 2012.

- **Chapters:** 3
- **Episodes:** 3
- **Discussed:** April 2012 – October 2012
- **Related topics:** [Apple](https://search.noagendashow.net/topic/apple.md), [Barack Obama](https://search.noagendashow.net/topic/barack-obama.md), [Corporate Welfare](https://search.noagendashow.net/topic/corporate-welfare.md), [Exxon Mobil](https://search.noagendashow.net/topic/exxon-mobil.md), [Internal Revenue Code](https://search.noagendashow.net/topic/internal-revenue-code.md), [Manufacturing](https://search.noagendashow.net/topic/manufacturing.md), [Oil And Gas](https://search.noagendashow.net/topic/oil-and-gas.md), [Oil Companies](https://search.noagendashow.net/topic/oil-companies.md), [Tax Breaks](https://search.noagendashow.net/topic/tax-breaks.md), [Tax Code](https://search.noagendashow.net/topic/tax-code.md)

## Chapters 1–3 of 3

### Obama's Fuel Standards and Section 199 Tax Breaks

- **Episode:** [451: Mass of Tax Nuts](https://search.noagendashow.net/episode/451-mass-of-tax-nuts.md)
- **Published:** 2012-10-11
- **Time:** 2:10:07–2:11:49
- **Transcript:** https://search.noagendashow.net/episode/451-mass-of-tax-nuts/chapter/obama-s-fuel-standards-and-section-199-tax-breaks.md

President Obama claims that new fuel standards will double vehicle efficiency and reduce dependence on foreign oil. He also targets $4 billion in "taxpayer-funded corporate welfare" for oil companies. The hosts argue that these are not special subsidies but rather "Section 199" tax breaks available to all U.S. manufacturers, including software and media companies, and accuse the president of misrepresenting the tax code.

Keywords: [barack obama](https://search.noagendashow.net/topic/barack-obama.md), fuel standards, [section 199](https://search.noagendashow.net/topic/section-199.md), [oil companies](https://search.noagendashow.net/topic/oil-companies.md), [tax code](https://search.noagendashow.net/topic/tax-code.md), [corporate welfare](https://search.noagendashow.net/topic/corporate-welfare.md)

### Oil Tax Breaks and Domestic Production Incentives

- **Episode:** [449: Deficit Pending](https://search.noagendashow.net/episode/449-deficit-pending.md)
- **Published:** 2012-10-04
- **Time:** 2:23:01–2:26:14
- **Transcript:** https://search.noagendashow.net/episode/449-deficit-pending/chapter/oil-tax-breaks-and-domestic-production-incentives.md

During the presidential debate, Barack Obama and Mitt Romney sparred over a $2.8 billion tax break for oil companies. Adam Curry clarifies that this is actually a broad manufacturing deduction (Section 199) that applies to any company producing goods in the U.S., including Apple and film studios. He criticizes both candidates and the media for misrepresenting the law as a specific subsidy for "Big Oil."

Keywords: [tax breaks](https://search.noagendashow.net/topic/tax-breaks.md), [oil and gas](https://search.noagendashow.net/topic/oil-and-gas.md), [exxon mobil](https://search.noagendashow.net/topic/exxon-mobil.md), [apple](https://search.noagendashow.net/topic/apple.md), [section 199](https://search.noagendashow.net/topic/section-199.md), [manufacturing](https://search.noagendashow.net/topic/manufacturing.md), 2012 debate

### Senate Resolution 2204, Section 199 Tax Deductions

- **Episode:** [396: 200 Hundred Million Ninjas](https://search.noagendashow.net/episode/396-200-hundred-million-ninjas.md)
- **Published:** 2012-04-01
- **Time:** 25:19–33:20
- **Transcript:** https://search.noagendashow.net/episode/396-200-hundred-million-ninjas/chapter/senate-resolution-2204-section-199-tax-deductions.md

An analysis of Senate Resolution 2204 reveals that the "repeal" of oil subsidies actually targets Section 199 of the Internal Revenue Code, which provides a 9% deduction for domestic production. The hosts point out that this deduction also applies to the film industry and software companies like Apple, suggesting that removing it only for oil companies would simply increase consumer gas prices.

Keywords: s.2204, [internal revenue code](https://search.noagendashow.net/topic/internal-revenue-code.md), [section 199](https://search.noagendashow.net/topic/section-199.md), domestic production, [tax loopholes](https://search.noagendashow.net/topic/tax-loopholes.md)

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