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$10/barrel Tax On Oil
Views: 489
Feb 06 2016 02:55 PM | eds in Economy & Politics
US President Barack Obama, maybe planning a
. . . $10 per barrel tax that would be paid by oil companies.
With 2016 being an election year, and
. . . US politics as polarized as they are,
. . . the tax is not likely to make it past the podium,
. . . but the move sends a powerful message to the world,
. . . that the current administration is serious about attacking,
. . . one of the cruxes of the climate change issue — oil.
Oil is actually massively subsidized in the US (and elsewhere).
. . . It is only logical to cut these subsidies, and/or
. . . tax oil a great deal.
2-6-2016 Source: $10/Barrel Tax On Oil
. . . $10 per barrel tax that would be paid by oil companies.
With 2016 being an election year, and
. . . US politics as polarized as they are,
. . . the tax is not likely to make it past the podium,
. . . but the move sends a powerful message to the world,
. . . that the current administration is serious about attacking,
. . . one of the cruxes of the climate change issue — oil.
Oil is actually massively subsidized in the US (and elsewhere).
. . . It is only logical to cut these subsidies, and/or
. . . tax oil a great deal.
2-6-2016 Source: $10/Barrel Tax On Oil
