New law (taxes) for oil companies … Your thoughts?
Apparently Congress just passed a law that big oil companies, that it would cost about 1.8billion dollars, would the taxes in the first year, and this money will be used to do research on renewable energy. Of course Bush with the oil companies in his pocket, says he will veto this, wow what a surprise. Others argue that it singles out a particular industry … that I ask is not that virtually the same thing we did to go the big tobacco companies? So, what do all the others, this, it would be so bad by 1% taking the huge profits to oil companies to do this research? When replying to you is to read the question, this is a tax on oil companies to fund research not an increase for the taxpayer, whether to or not, has an impact on the price of gas (just say it is controllable and can not) it is a good idea? Also it is only in the best interest for these companies who want to remain in the energy sector to do their own research.
I like it.
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