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Entries from LAist tagged with 'windfalltax'

June 10, 2008

As the average price for a gallon of gas tips over $4 across the country (in Los Angeles, the average is about $4.46 for regular), the Senate will vote today on a "windfall tax" that would snag some of the top oil company's profits at the tune of $17 billion -- in other words, the tax breaks they would expect in the next ten years. $36 billion was earned by the top five oil companies......

Continue Reading "Congress Proposes Mega Tax to Oil Companies"

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