PDA

View Full Version : Tax Break??


ILG
04-20-2011, 08:46 AM
http://act.credoaction.com/campaign/bp_tax_break/?rc=tw2

scotty
04-20-2011, 10:27 AM
Who can really complain, BP still has 20 billion set aside for claims that will be coming for many years to come. Its a standard deduction that is available to all tax payers. I say don't blame BP, blame the tax code.

ILG
04-20-2011, 10:30 AM
You may be right, I dunno. But it just doesn't seem right.

scotty
04-20-2011, 10:31 AM
Well, if they are truley being stingy with the reembursments then that needs to be handled through the courts. But the write off is legal.

ILG
04-20-2011, 12:51 PM
Lots of immoral things are legal when you are making millions. :)

MissBrattified
04-20-2011, 12:59 PM
Seems like a reasonable deduction to me. It's large scale because they're a large company and it was a huge disaster. I don't think they should have to pay taxes on their loss.