|
|
|
|
|
by sophacles
5083 days ago
|
|
Oil companies don't really pay taxes in the US. Or they do at effectively very low rates, but they are given right back in the form of subsidies. The power they wield is largely through the amount of lobbying and advertising they can do, which means they can destroy the careers of most politicians with a minor opex increase (and that is probably something they can write-off in their taxes, because of other laws they have bought). Essentially it's extortion. |
|