Doug Lamborn and Mike Coffman vote to continue Tax Breaks for giant Oil companies

by: Zappatero

Wed Mar 02, 2011 at 07:11:30 AM MST

Coffman (CO)
Gardner
Lamborn
Tipton

What did these geniuses, who say they are trying to balance America's budget, 'Nay'?

No major Integrated Oil Company shall be eligible for any tax benefit or relief under the following provisions of such Code to the extent attributable to such tax period.

So they don't want to remove any of the existing tax benefits these oil companies currently receive. There are some who argue that due to extreme market conditions (which always seem to help their bottom line) oil companies should be taxed at "windfall" levels. Though it will never happen that's the policy I'd put in place.

It's doubtful much local or state press has reported the details of this vote; it's too far "in the weeds" they'd say. So these 4 goofs who are representing us will probably never have to answer that question, but it would be nice if someone checked with Coloradans about their views on taxing some of America's and Colorado's most profitable oil companies, and for $3.50 a gallon we should at least get the time of day from the profiteers and their enablers representing us in Washington, DC - most especially those from Colorado.