Tuesday, May 15, 2012

Bernie Sanders: no tax breaks for big oil



Sen. Bernie Sanders (I-Vt.) tells Eliot Spitzer about the End Polluter Welfare Act, a bill he has sponsored which would do away with tax breaks and subsidies for the oil, gas and coal industries. "In some years, some of the large oil companies — after making billions of dollars in profit — pay absolutely nothing in federal income tax. That is clearly wrong," Sanders says.

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