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Tag Archives: tax credit

11 Deceptions About the Tax Debate

Below are the Whitehouse.gov’s “11 Facts About the Tax Debate.”  As usual, they are out of context, disproportioned, deceptive, and out right false briefing points.  Here are just a few reasons why they are nothing more than election year red herrings.  (A fitting expression for such socialist ideals.) WH.gov points are in italics. 1.     Nearly $1 Trillion would be ...

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Raising Oil Company Taxes Will Make Gasoline Cheaper ??

Have you seen what Senator Robert Menendez (D-NJ) introduced on Monday (March 26, 2012)? He introduced the Repeal Big Oil Subsidies Act (S.2204). Menendez proposed to curb tax credits (notice that he didn’t say subsidies since they don’t receive any, so his bill is mis-named) for the five biggest oil companies – ExxonMobil, Chevron, BP, ConocoPhillips and Shell – and ...

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