16 May '11, 2pm

Repealing tax breaks for oil companies is NOT a tax increase! via @TomRaftery

The fact that tax expenditures are government spending is widely recognized by conservative economists and politicians. President Ronald Reagan’s chief economic advisor, economist Dr. Martin Feldstein, noted recently that tax expenditures are equivalent to direct government expenditures. CAP’s Seth Hanlon and Daniel J. Weiss provide the details in this repost . The American Petroleum Institute, or API—the political arm of Big Oil—has spent millions of dollars in advertising to convince Americans to support retention of Big Oil’s tax loopholes worth more than $40 billion over the next decade. Unfortunately, some in the mainstream media have begun to repeat API’s claim that eliminating tax loopholes is the same as a tax increase. Nothing could be further from the truth. These tax loopholes are “tax expenditures” that provide taxpayer-funded subsidies to Big Oil companies via...

Full article: http://climateprogress.org/2011/05/16/big-oil-loopholes-n...

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Ending Big Oil’s tax holiday

climateprogress.org 17 May '11, 1pm

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nrdc.org 17 May '11, 11pm

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triplepundit.com 14 May '11, 3pm

Because the oil industry has been around so long, it has effectively integrated many of its subsidies into other forms. Fo...

Senate Holds Hearing on Big Oil Tax Breaks

Senate Holds Hearing on Big Oil Tax Breaks

triplepundit.com 13 May '11, 10am

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grist.org 17 May '11, 9pm

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climateprogress.org 13 May '11, 2pm

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climateprogress.org 12 May '11, 1pm

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climateprogress.org 22 May '11, 12pm

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Joe Barton Complains that "Big Oil" Is "Pejorat...

climateprogress.org 15 May '11, 12pm

Joe Barton Complains that “Big Oil” Is “Pejorative” — but he keeps attacking “big government” May 15, 2011 Rep. Joe Barton...

Big Oil

switchboard.nrdc.org 12 May '11, 1pm

12:00 Taking a brief break, be back soon. 11:55 Wonder when any one of these guys last pumped gas? Rockefeller (D-WV), to ...

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davidsuzuki.org 17 May '11, 2am

Dear David Suzuki, March 28/2011 I have recently retired from a ground transportation company. Most of their vehicles ran ...

Senate vote giving tax breaks to some of richest companies in America is in an hour. Call your Senator: #oilhandouts

Senate vote giving tax breaks to some of riches...

greenforall.org 17 May '11, 7pm

Ever get the feeling that Congress isn't listening to you? We feel the same way. These days, it seems as if Big Oil CEOs a...

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treehugger.com 06 May '11, 6pm

Photo credit: tsuda via Flickr/Creative Commons Yesterday I watched the U.S. House of Representatives shill for Big Oil ag...