Stop the Tax Giveaways and Loopholes for Big Oil

Discussion in 'Energy' started by sealybobo, Mar 12, 2009.

  1. sealybobo
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    sealybobo Diamond Member

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    Think oil companies should pay their fair share of taxes? So does President Obama.

    In his budget, the President has proposed cutting billions of dollars in unfair subsidies and tax loopholes for oil and gas companies, to help pay for critical priorities like clean energy and green jobs.1 After all, they don't exactly need the help: ExxonMobil made a record profit of $45.2 billion last year.2

    But Big Oil is already fighting back. Like other corporate special interests, they're lobbying heavily to gut Obama's budget. The American Petroleum Institute has announced plans to fly top executives into Washington to help save their tax breaks.3

    And they've got a lot of friends on Capitol Hill, thanks to millions in campaign contributions over the years. So we've got to be louder than Big Oil, and remind our elected representatives that they work for us, not ExxonMobil. Click here to sign our petition:

    MoveOn.org Political Action: Stop subsidies for Big Oil
     
  2. WillowTree
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    WillowTree Diamond Member

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    I think they already moved to Switzerland.. what ya gonna heat yer azz with.. Oil from Hugo? Thought so! :lol:
     
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  3. Midnight Marauder
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    Midnight Marauder BANNED

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    You realize federal tax comes on the profit, right? That the profit number is going to be the same no matter what the after-profit tax is, right? That if a company posted a profit of 48 billion, and the taxes were 47 billion, we'd never know it because the profit is still 48 billion, right?

    Idiots allow far-left groups like moveon to lead them around by the nose, and mindlessly parrot their mindless bullshit. Because they're mindless idiots.
     
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  4. alan1
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    alan1 USMB Mod Staff Member Supporting Member

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    Define "fair share".
     
  5. DavidS
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    DavidS Anti-Tea Party Member

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    Fuck!
     
  6. Old Rocks
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    Old Rocks Diamond Member

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    Whom or what?
     
  7. garyd
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    garyd Senior Member

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    Idiocy. You think gas is high now? Wait'll this goes through.
     

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