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Date Posted: 07:25:51 03/30/12 Fri
Author: john k
Subject: Re: Why Doesn't Obama Go After Apple's Profits?
In reply to: Popeye 's message, "Re: Why Doesn't Obama Go After Apple's Profits?" on 19:06:58 03/29/12 Thu

Oil companies pay about 40 cents in tax for every dollar they earn. Apple pays 20 cents in taxes on every dollar they earn. Congress gave them those tax breaks. Big Oil didn't steal them. The law of the land. Anyway, the point, the Democrats rejected Obama's plan today. The US Senate defeated the oil subsidies bill despite Obama's call. We're actually illustrating something here. These Obama sound bites happened before the Senate voted. After he made this big plea for the Senate to get rid of these oil tax breaks, the Senate, the Democrat controlled Senate rejected Obama and the subsidies or the taxes, tax breaks for the oil companies survive. The Democrats in the Senate ignored him.

http://www.realclearpolitics.com/video/2012/03/29/limbaugh_obamas_solution_to_hugh_gas_prices_is_to_attack_big_oil.html

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