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chron.com - 12/2/2008
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WASHINGTON — President-elect Barack Obama has shelved a proposal to slap the oil and gas companies with a new windfall profits tax because oil prices have dropped so much in recent months, the transition team confirmed today. "President-elect Obama announced the policy during the campaign ...
ourfuture.org - 12/3/2008
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ourfuture.org —
Good news and bad news in the last
day. The good news: Barack Obama has appointed a...
NAFTA critic, Rep. Xavier Becerra, as the next U.S. Trade Representative ( more on that here ). The bad news is this just off the Reuters wire : CHICAGO/WASHINGTON ...
(more)
Mandate Watch: Obama Backs Off Promise to Pass Windfall ...
chron.com - 12/3/2008
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chron.com —
President-elect Barack Obama has quietly shelved a proposal
to slap oil and natural gas companies with a...
new windfall profits tax. An aide for the transition team acknowledged the policy shift Tuesday, after a small-business group discovered the ...
(more)
Obama quietly drops windfall tax proposal | Energy | ...
blogs.abcnews.com - 12/4/2008
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blogs.abcnews.com —
Shortly after clinching the Democratic presidential nomination in
June, Sen. Barack Obama, D-Ill., told voters "I'll make...
oil companies like Exxon pay a tax on their windfall profits, and we'll use the money to help families pay for their skyrocketing...
(more)
Obama Abandons Windfall Profits Tax on Oil Companies; ...
Comments
Blog Reactions
Obama Drops Windfall Profits Tax
Patterico's Pontifications —
... The Obama team revealed it will shelve efforts to pass windfall profits taxes on the energy companies now that the price of oil has fallen below $80/barrel. Obama originally planned to use the tax proceeds to pay energy rebates to consumers. ...
Change That Doesn't Happen
RIGHTWINGSPARKLE —
Obama has abandoned the "windfall profits tax"on oil and gas companies, thank God. It also looks like Obama is putting off raising taxes on anyone in this economy. Again, thank God. ...
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