Tuesday, February 21, 2017

Republicans Want to Re-Open a Tax Loophole that Benefits Fossil Fuel Companies (VICE)

For decades, American coal companies exploited a loophole in the federal coal program that allowed them to dodge royalties and shortchange taxpayers. These fossil fuel giants avoided paying up to $850 million in government returns between between 2008 and 2012, through a network of subsidiaries and cost manipulation, at the expense of the average American....
https://motherboard.vice.com/en_us/article/republicans-want-to-re-open-a-tax-loophole-that-benefits-fossil-fuel-companies

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