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Tag Archives: Intangible drilling costs deduction
From Washington to Helena, we subsidize the most profitable oil companies with billions of dollars of unnecessary tax breaks and direct subsidies
Oil companies are among the largest and most profitable corporations in the United States, and yet our government gives them billions of dollars in tax breaks and subsidies, many of these sponsored by elected officials who receive huge contributions from … Continue reading
Posted in Community Organization
Tagged Big Oil, Bobby Jindal, BP, campaign contributions, Christine Kauffman, Conoco, Domestic production activities deduction, ExxonMobil, Intangible drilling costs deduction, John Kasich, Montana Oil and Gas Tax Holiday, Shell, Special percentage depletion allowance, Steve Daines, subsidies, tax exemptions, Taxpayers for Common Sense, Tom Corbett
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