Showing posts with label taxes. Show all posts
Showing posts with label taxes. Show all posts

Tuesday, June 10, 2008

Republicans Block New Tax on Oil Profits

Republicans are loyally protecting oil companies from the greed of the American consumer, proving that a large enough campaign donation in America is worth its weight in oil.

Republicans Block New Tax on Oil Profits

By H. JOSEF HEBERT,AP
2008-06-10

"Senate Republicans blocked a proposal Tuesday to tax the windfall profits of the largest oil companies, despite pleas by Democratic leaders to use the measure to address America's anger over $4 a gallon gasoline..."