ZRrrr
Active VIP Member
Oil companies pay 8 cents per litre disisater tax......That cost is passed on to consumers.
This spill should cause an increase at the pumps of about $1.00US/Gal and also about a 20% increase on all oil related products...which is a lot of stuff!
It will cost BP around 20 Billion in cleanup costs at current estimates. BP can claim that as losses on theri tax return, EVEN IF THEY ARE PROVEN CRIMINALLY NEGLIGENT. That works out to about 4 billion in tax revenue the US governemtn will not see...ever.
A BP scale back will effect in the neighbuorhood of 500 000 peoples livelihoods. Ultimately leading to loss of income, savings, retirement funds, homes and increased debt. Should they become dependent on the state it will cost the government billions.
Whose loses the most..............
This spill should cause an increase at the pumps of about $1.00US/Gal and also about a 20% increase on all oil related products...which is a lot of stuff!
It will cost BP around 20 Billion in cleanup costs at current estimates. BP can claim that as losses on theri tax return, EVEN IF THEY ARE PROVEN CRIMINALLY NEGLIGENT. That works out to about 4 billion in tax revenue the US governemtn will not see...ever.
A BP scale back will effect in the neighbuorhood of 500 000 peoples livelihoods. Ultimately leading to loss of income, savings, retirement funds, homes and increased debt. Should they become dependent on the state it will cost the government billions.
Whose loses the most..............