Skip to main content

Next On Chopping Block: Oil Industry Tax Incentives?

30 Oct 2012

Next On Chopping Block: Oil Industry Tax Incentives?

One of Washington’s most powerful business lobbies is afraid lawmakers might just do the unthinkable: Take an ax to its billions in tax breaks. And this time, Republicans could help swing the blade. At stake is more than $40 billion in tax incentives that the oil and gas industry is due to receive in the next decade — money that leaders from both parties could try to carve away as they look for ways to trim the federal budget deficit.

Related Posts

The Washington Report – October 23, 2015

CONGRESS HAS A BIG DEBT-CEILING PROBLEM, AGAIN ... WELCOME SPEAKER RYAN ... 5 MYTHS ABOUT...

Capstone CEO John Rogers on Defense Spending…Post Election

November 2, 2016 Rick Barrett, Milwaukee Journal Sentinel U.S. military spending at Wisconsin companies has...

Washington Report November 10, 2017

A Taxing Day (Expect More Stuffing With This Bird) ... PANIC(!) ... I Havana 'Nnouncement...

Leave a reply

Your email address will not be published. Required fields are marked *

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.