[antimedia] antimedia: Mad at the oil companies?

Email subscription to blog articles antimedia at lists.powerblogs.com
Sat May 6 23:09:03 EDT 2006


Posted by antimedia:
Mad at the oil companies?
http://www.antimedia.us/posts/1146971339.shtml


   Maybe [1]you shouldn't be.

     âAccording to the Tax Foundation, over the past 25 yearsâin
     inflation adjusted dollarsâoil and gas companies have paid in
     royalties and state and federal taxes $2.2 trillion dollars. At the
     same time they have made a little over $630 billion dollars in
     profits. So their taxes and royalties are three times greater than
     their profits. The real questionâ¦is who is gouging whom?â âMichael
     Reagan

   And Congress wants to slap them with a "windfall profits" tax. There's
   got to be a windfall in there somewhere, right?

References

   1. http://www.onebigdog.net/2006/05/06/still-think-it-is-the-oil-companies/



More information about the antimedia mailing list