Its 1.7 billion in tax exceptions. Given how much politicians love to argue tax deductions and negative tax rates are handouts to normal folks, I’ll count those as handouts to oil companies.
Good Jobs First, among other things, serves as a watchdog for government subsidies, and maintains a database of subsidies and tax bonuses awarded to companies. Of note is the page for Royal Dutch Shell…The value presented on the page for RDS is $1.725 Billion…
Its 1.7 billion in tax exceptions. Given how much politicians love to argue tax deductions and negative tax rates are handouts to normal folks, I’ll count those as handouts to oil companies.
This is misinformation
It says exactly what they claim it does: