I have blogged in the past about the BP Gulf Oil spill and I still consider it heinous that so much damage was done and yet, BP has faced very few repercussions for their actions/reactions. Now they’re getting a $13 BILLION tax write-off by “writing off their losses incurred from the tragedy”. I am furious. There is so little that we ‘regular Joes’ can do about this, and yet I will continue to boycott BP gasoline, and spread the word about them as often and as many places as I can. I also just signed another petition. For those of you interested, here are some links to check out. Follow the money trails…agendas become quite clear when you do.
Thanks to Credo Action network for their continuing diligence on this matter.
* Sign the petition telling BP to pay their fair share of taxes.
1. “BP To Cut Tax Bill By $13B But Won’t Say What It’s Paying IRS For 2010,” Talking Points Memo, April 20, 2011
2. “BP Scores $10B Tax Credit by Offsetting Cash,” CBS News, July 27, 2010
3. “Gulf-Spill Fund Pays $3.8 Billion; Total May Be ‘Higher’,” Bloomberg, April 18, 2011
4. “Goldman Waives Tax Deduction on SEC Settlement,” Bloomberg, July 16, 2010
5. “A year after spill, BP gives political contributions to GOP leaders,” The Hill, April 19, 2011
6. “A Year After Gulf Tragedy, Offshore Oil Companies Still Shielded by Liability Limits,” ProPublica, April 19, 2011