
Senate Bill Gives Giant Tax Break to Big Oil | A provision inserted by Sen. James Lankford (R-OK) would exempt many domestic oil and gas drillers from having to pay any corporate taxes.
https://prospect.org/politics/2025-06-18-senate-bill-gives-giant-tax-break-to-big-oil/
by silence7
4 comments
Right wing fascists paying back their financiers while they wage war on America.
“We want small government!”
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“But only for us. The others need to be met with maximum force!……also tax cuts for oil companies”
Oh, so he’s against drill baby drill?
Because if lots of drilling is going on, it causes a supply glut, lowering prices, and making drilling less profitable.
But if oil is $85, $100, $120 a barrel, it’s great for the drillers. Bad for consumers and businesses but oh well.
Because republicans will bring down the deficit. /s
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