KnotaFrayed
Mayor
On oil credits and subsidies
Eliminating Oil Subsidies: Two Cheers for President Obama
"Last week President Barack Obama responded to rising public anger over soaring gasoline prices by banging the drums for the elimination of various tax breaks enjoyed by the oil and gas industry. Although House Speaker John Boehner, R-Ohio, initially suggested that he might be open to President Obama's proposal, the House GOP leadership chose to answer the president's weekly radio address — which advocated elimination of those tax breaks — with freshman Tea Party Congressman James Lankford, R-Okla., who charged that the plan was about "hiking taxes by billions of dollars."
http://www.cato.org/publications/commentary/eliminating-oil-subsidies-two-cheers-president-obama
Eliminating Oil Subsidies: Two Cheers for President Obama
"Last week President Barack Obama responded to rising public anger over soaring gasoline prices by banging the drums for the elimination of various tax breaks enjoyed by the oil and gas industry. Although House Speaker John Boehner, R-Ohio, initially suggested that he might be open to President Obama's proposal, the House GOP leadership chose to answer the president's weekly radio address — which advocated elimination of those tax breaks — with freshman Tea Party Congressman James Lankford, R-Okla., who charged that the plan was about "hiking taxes by billions of dollars."
http://www.cato.org/publications/commentary/eliminating-oil-subsidies-two-cheers-president-obama
