English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

2007-12-19 01:21:51 · 4 answers · asked by Anonymous in Politics & Government Politics

"The Bush administration said this bill's $14.5 billion in tax breaks and incentives would spur oil and gas companies to find innovative ways to reduce the nation's dependence on foreign oil, conserve resources and reduce pollution."

2007-12-19 01:31:50 · update #1

4 answers

The Demopublicans. Oil companies have been making record profits since oil companies have been around. That's why they're called record profits, you break the record, it's a record profit.

2007-12-19 01:26:46 · answer #1 · answered by thegubmint 7 · 0 0

As I recall it was an incentive to invest in R&D to develop cleaner energy .

Now some people may complain but companies do their damnedest to pay as little as possible in taxes just like We the People do .

This so called tax break was not a break but a direct credit to research departments .

As many college grads are aware few jobs exist for those with chemistry PHD's due to the lack of funding that goes into developing new chemicals .

So I for one am glad that these people have jobs . We do not need people with chemical engineering degrees disgruntled with America .

2007-12-19 01:30:37 · answer #2 · answered by TroubleMaker 5 · 2 1

Hillary is taking care of Wall Street --- the REAL rich Americans.

2007-12-19 01:29:07 · answer #3 · answered by How Big is Your Govt Check 3 · 0 1

That would have to be the democrats who are in control of congress.

2007-12-19 01:28:42 · answer #4 · answered by Locutus1of1 5 · 0 1

fedest.com, questions and answers