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Saturday, March 17, 2012

Going After "Big Oil's" Tax Subsidies: Great News

From the news today: Obama seeks halt to tax subsidies for oil industry And this is great news. The oil industry is the most profitable industry in the nation--and the world--yet we, the American people--give them tax subsidies and breaks. Does that make any sense to anyone? It's crazy. They should be quickly and summarily done away with and as soon as possible. Even with money coming from the oil industry to our Congressional representatives, this should be an easy goal to attain. It's good for America. It's good for business and it's good for every home in the country--even if they didn't have a car, let alone if they do. Kudos, Mr. President. I would salute this action regardless of the political party that originated it, certainly. (And the Tea Party, Libertarians and Independents should all be behind this. Link: http://news.yahoo.com/obama-seeks-halt-tax-subsidies-oil-industry-100325515.html

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