If you mean: -8x+y = 2 then y = 8x+2 and the line parallel to it will have the same slope of 8 but with a different y intercept.
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The slope of both lines is 8. So they're parallel.
If you mean: 16x-2y = 4 then y = 8x-2, and its slope is 8 with a y intercept of -2; any line parallel to it will have a slope of 8 but with a different y intercept.
They don't. The line is parallel. ( 4x-8x=12 simplifies to y-2x+3, which has the same slope as y=2x+2)
16X - 2Y = 4- 2Y = - 16X + 4Y = 8X - 2---------------m(slope) = 8===========