Monday, December 8, 2008

Obama Struggles to Explain Drop of Windfall Profits Tax for Oil and Gas Industry

Barack Obama may already be losing credibility over his explanation as to why he dropped the windfall profits tax on the oil and gas industry from his administration's agenda. During his campaign, President-elect Obama promised to enact a windfall profits tax on the oil and gas industry, which would help finance a $1,000 emergency energy rebate for American families.....More

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