Sunday, August 28, 2011

GOP CONGRESSMAN: ‘OIL COMPANIES PAY THEIR FAIR SHARE’

The Petoskey Newsreports that Rep. Dan Benishek (R-MI) recently became the latest Republican to offer his full-throated defense of the oil industry. The congressman told a public forum that Democrats “talk about raising the taxes on the oil companies. I think oil companies pay their fair share.” Despite making a whopping $36 billion in the first quarter of this year alone, the biggest five oil companies get $4 billion in tax incentives a year, courtesy of American taxpayers.

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