[antimedia] antimedia: Mad at the oil companies?
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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/
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