Bush To Veto Tax Cut Repeal For Big Oil
On Wednesday, Congress will consider rolling back nearly $18 billion in tax breaks for large oil companies pushed through in 2005. The White House has already voiced its intention to veto such a bill...
View ArticleHouse Votes To Repeal Big Oil Tax Cuts
The House of Representatives has voted to repeal $18 billion of tax breaks for oil and gas producers, as expected. The bill passed by a vote of 236-182. The bill now heads to the Senate, where it will...
View ArticleTax Breaks For Big Oil Back In The News
The soaring price of gasoline is definitely attracting some attention these days. According to the most recent data available, it will cost you, on average, $1.065/gallon more to fill your tank this...
View ArticleBig Oil Tax Breaks Continue After Procedural Vote
I said it would be a tough vote and it was: the Senate voted this week to block a proposal to curb tax breaks for big oil. The Democratic effort to launch S.B. 940, known as the Close Big Oil Tax...
View ArticleMidweek Tax Wrap Up
In case you’ve missed some key articles this week: Multinational corporations closer to tax holiday. Read more by clicking here. San Jose gets a revenue boost from taxing marijuana. Read more by...
View ArticleSarah Palin Emails Show Discord Over Oil Tax
This week, the big political news (other than the continuing saga of Weiner-gate) was the release of Sarah Palin’s emails. The emails – about 24,000 of them – were distributed by state of Alaska in...
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