The oil companies already pay about double the amount of what they earn in profit--in total taxes.
Yes, it is much, MUCH BETTER to send EVEN MORE billions to the 'nut case' Arab countries in the Middle East--than to drill for the oil here. (s/off) (rolling eyes)
Nope. Corporations do not pay tax, they collect tax. All corporate taxes are passed on to customer and all taxes are ultimately paid by the end consumer. That'd be you and me. This notion of so-called "corporate taxes" is yet another ponzi scheme perpetrated by the Leftists to pit one group of people against another in order to make the group they wish to demonize to "pay their fair share". It's very similar to the class warfare they constantly employ. If taxes are increased or "tax incentives" are removed, it will be reflected in the price of the product and will be paid by the end consumer.
Too many here are making sensible observations. ;) The following statement makes no sense at all.
Pelosi says the following in the same breath:
"Moving toward energy independence by repealing subsidies for "big oil."