Comment

BP may get tax refund because of oil disaster expenses.

2
iceweasel7/14/2010 9:15:09 pm PDT

re: #1 Gus 802

As I predicted! I’m pretty sure they’re going to consider the 20 billion as business loss. It will be almost entirely deductible. They’ll get away with hardly paying any taxes the way many of the corporations do — contrary to the great American myth.

Everything is set up to maintain the lifestyles of the economic elites. That will never change. The distribution of wealth shrinks yearly and even as the GDP grows the gap becomes smaller and smaller. This is part of that game and is a result of what many consider corporate welfare.

Sure, but we’ll be hearing ceaseless screams about the ‘shakedown’ and ‘slush fund’ evil ‘thug’ Obama ‘extorted’ right through the midterm. You can bet your booty on that.