Proposed energy tax will cost over 154,000 jobs

Julie Borowski FreedomWorks 9/13/2010

Back from Congressional recess, Senate Majority Leader Harry Reid (D-Nev.) has made it clear that he wishes to raise taxes on energy providers. He has encouraged Senator Nelson (D-FL) to file an amendment SA 4595 to the Small Business Jobs and Credit Act that would repeal the Section 199 tax deduction […]

Dems planning to hike taxes on oil, energy companies

Ed Morrissey 9/2/2010

During the presidential campaign, Barack Obama repeatedly vowed to force American companies to pay taxes on overseas earnings, rather than take a tax credit for taxes paid by its international operations. Eventually the White House backed down from that plan after heavy criticism from business leaders made it clear that multinationals […]