The House voted to roll back billions of dollars in oil industry subsidies, completing the new Democratic majority's 100-hour legislative agenda. Democrats said the legislation could produce as much as $15 billion in revenue. Most of that money would pay to promote renewable fuels such as solar and wind power, alternative fuels including ethanol and biodiesel, and incentives for conservation.
Can one of you conservatives explain why is it a big deal to tax them when they are racking in massive profits?
2007-02-19
14:26:26
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17 answers
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asked by
Anonymous
in
Politics