Increased Taxes on Oil & Natural Gas Companies Hurt Shareholders
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Uploaded by energy on Apr 25, 2011
http://energytomorrow.org American Petroleum Institute (API) Tax Manager Stephen Comstock explains what politicians really mean when they talk about taking profit away from oil and natural gas companies. In reality, politicians want to increase taxes on these companies, which would take profit out of the pockets of oil and natural gas company shareholders.
For more information, visit http://energytomorrow.org.
- 3 likes, 4 dislikes
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"They're taking profit out of shareholders' pockets"
...HOW exactly? What, Big Oil companies are gonna artificially try to set their stock prices lower so they don't have to pay as much in dividends? The stock prices are gonna drop AUTOMATICALLY a whole bunch because we get rid of some tax subsidies? Gimme a break.
whoo689 9 months ago
done pay 7% GPT on top of other tax
bilpayne 10 months ago