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News Link • TAXES: Federal

& There it is....Oil taxes to QUADRUPLE to help pay for cleanup!!!

Oil tax increase would help pay to clean up spills May 24 04:20 PM US/Eastern By STEPHEN OHLEMACHER Associated Press Writer Comments (38) Email to a friend Share on Facebook Tweet this WASHINGTON (AP) - Responding to the massive BP oil spill, Congress is getting ready to quadruple—to 32 cents a barrel—a tax on oil used to help finance cleanups. The increase would raise nearly $11 billion over the next The bill is H.R. 4213

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