Democrats Target Tax Loopholes for Big Oil, CTJ Names the Biggest Loopholes


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A paper from Citizens for Tax Justice describes some of the biggest tax loopholes enjoyed by Big Oil and what steps members of Congress have proposed to deal with them. When the price of oil and oil industry profits are at an all-time high, it's hard to imagine why the United States should subsidize Big Oil through the tax code. The new Congressional leadership understands this, and we hope the President does as well.

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