Showing posts with label Oil Industry and tax breaks. Show all posts
Showing posts with label Oil Industry and tax breaks. Show all posts

Tuesday, May 13, 2014

Taxpayers currently subsidize the oil industry by as much as $4.8 billion a year, but bemoan big Goverment

Article Title: Triumph of the Drill
Snippet of Article: "...the federal government has pumped more than $470 billion into the oil and gas industry in the form of generous, never-expiring tax breaks. Once intended to jump-start struggling domestic drillers, these incentives have become a tidy bonus for some of the world's most profitable companies...."


Source: www.motherjones.com

[tag] Federal Employee News, Federal Civil Service, [/tag]