The EPA is trying to do everything possible to run everything in this country. The latest example is an EPA edict that the city of Chicago must make the Chicago River clean enough for swimming. Set aside the valid charge that the EPA is implementing cap and trade without Congressional approval, which many, including me, Read the full article…
Again, the Senate vs. the CEO’s of the five oil companies were supposed to assure you, the taxpayer, that the government was doing something about high gas prices. Let’s analyze the two groups. On the senate side you had a group who could not ask one intelligent question about the problem being discussed. They had Read the full article…
Here they are: The Durbin plan. Modifications of foreign tax credit rules applicable to major integrated oil companies which are dual capacity taxpayers. U.S. taxpayers are taxed on their income worldwide, but are entitled to a dollar-for-dollar tax credit for any income taxes paid to a foreign government. U.S. oil and gas companies have been Read the full article…