Good Dogs!
Apr 26th, 2006 at 11:57 am by Susie
Woof, woof! Anything for a pat on the head from the oil companies:
While Republican leaders sharply criticize soaring gasoline prices and energy industry profits, GOP negotiators have decided to knock out provisions in a major tax bill that would force the oil companies to pay billions of dollars more in taxes on their profits.
House and Senate tax writers have been struggling to reach an accord on separate tax bills approved last year to extend some expiring tax cuts enacted during President Bush’s first term. But House Republicans have raised strong objections to Senate-passed provisions that would raise nearly $5 billion in taxes over five years — primarily by changing arcane accounting rules that have allowed oil companies to substantially lower their tax bills, according to House and Senate tax aides familiar with the talks.
What are the names of the ‘behind the door’ senators? Let’s post them widely and see what their voters think of their actions.
If there are no potential consequences to those actions, why would they ever change those actions?
Committee Will Probe Oil Industry Tax Records…
A Senate committee yesterday announced an investigation into taxes paid by major oil companies and …