NOVANEWS
Dear;
Stop the Big Oil Bailout!
Stop the Big Oil Bailout!
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While reaping the largest profits in history and destroying the Gulf of Mexico, BP and other Big Oil companies have taken more than $35 billion of our money in special subsidies and tax breaks.1
Surprised? I was.
But it’s true: Not only did ExxonMobil avoid paying ANY income taxes last year, they also got a $46 million REFUND from the IRS.2
And the bailouts just wont stop. Even as the worst environmental disaster in American history continues unabated in the Gulf of Mexico,3 the Senate just voted to give Big Oil another bailout.4
So we’ve teamed up with DFA and Credo mobile to demand that Congress end all tax breaks and subsidies for dirty fossil fuels and invest in green jobs and clean energy instead. And you can help by signing this petition:
http://www.stopbigoilbailouts.com/
A few weeks ago, Congressman Joe Barton (R-TX) famously apologized to BP for what he called a shakedown of the oil industry.5
Barton was right. But BP and other Big Oil companies are the ones doing the shaking.
In 2008, ExxonMobil earned a record $45.2 billion or just about $5.2 million per hour.6 But unlike the rest of us, they’re not paying their fair share in taxes. In fact, they’re walking away with billions of our dollars, even as they screw up our environment and keep our economy dependent on dirty and dangerous fuels.
