USA Today has an editorial that is pretty harsh on President Obama's effort to raise taxes on oil companies. The newspaper calls it "a one-act piece of political theater" and writes, "the initiative is also government at its arbitrary worst, further complicating the tax code by singling out five companies — ExxonMobil, Chevron, ConocoPhillips, Shell and BP — for special taxes not paid by smaller energy concerns, or by similar companies in other industries."
USA Today on Oil Taxes
https://www.futureofcapitalism.com/2011/05/usa-today-on-oil-taxes
![]() |
![]() |
![]() |
by Editor | Related Topics: Energy, Taxes receive the latest by email: subscribe to the free futureofcapitalism.com mailing list