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White House budget would kill $38.8B in tax breaks for oil, gas and coal

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JohnWxy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-01-10 02:54 PM
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White House budget would kill $38.8B in tax breaks for oil, gas and coal
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x4251807


"Obama’s first budget plan a year ago called for cutting $31.5 billion in oil-and-gas industry incentives, including a repeal of the industry’s ability to claim a lucrative domestic manufacturing tax break.

Congress did not act on the proposals, which are opposed by a mix of Republicans and Democrats representing oil- and gas-producing states."
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here's something worth emailing your Congressmen about: www.congress.org


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TxRider Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-01-10 03:11 PM
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1. Then he needs to tell us
Call them out by name on national TV for supporting oil and gas subsidies.
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HillbillyBob Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-01-10 07:51 PM
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2. End the tax breaks and subsidies
for the fossil energy corpses as well as folk like Monsanto and Cargill, and the other billionaire factory farms. Invest in smaller local farms that sell real food.
Those two sectors seem to get a lot of our $$ for poisoning our food supplies and air, water, soil etc.
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