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Ever wonder why we give $35 billion of our tax dollars to oil companies?

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Jeffersons Ghost Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-30-10 03:34 PM
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Ever wonder why we give $35 billion of our tax dollars to oil companies?
Ever wonder why we give $35 billion of our tax dollars to oil companies?

True Majority writes" "Follow the money."

This year alone, Big Oil companies like BP and ExxonMobil gave over $11 million to candidates for Congress and a staggering $8 million to sitting members. In fact, Big Oil has given an average of $34,647 to each U.S. senator.1

And, like clockwork, the Senate voted in favor of those $35 billion in tax breaks and subsidies to Big Oil, even during the world's most disastrous oil spill in the Gulf of Mexico. They sided with Big Oil, not with the voters. They took the money and ran.2

We're tired of the greasy, dirty politics of Washington. It's time to clean up the Senate.

We've launched an effort to stop the subsidies with our partners at CREDO, DFA and TrueMajority. Already, more than 50,000 of us have signed our petition to Stop the Big Oil Bailout. Now we're asking you to focus on your own senators.

This issue isn't about party politics. Democrats and Republicans take money from Big Oil. Over her career, Senator Mary Landrieu (D-La.) has taken more than $666,000. Senator Jim Inhofe (R-Okla.) has taken more than $740,000 since he got to the Senate.

This is about the right kind of public policies being hijacked by rich corporations like BP and ExxonMobil.

If we want to stop polluting good policy with dirty money, we need to first stop the Big Oil Bailout. You can help by seeing how much your senators have taken from oil companies and spreading the word.



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Hannah Bell Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-30-10 03:36 PM
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1. kik
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FBaggins Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-30-10 03:37 PM
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2. Got a list of those subsidies?
If, for instance, the government implements a tax credit of $5,000 for hiring a new employee... would that count as a $5,000 subsidy to big oil if Exxon hires someone?
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Jeffersons Ghost Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-30-10 05:41 PM
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3. contact True Majority.
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