Putting $3 in Perspective
Apr 27, 2006
With gasoline prices over three dollars per gallon in most parts of the country, the Senate Finance Committee yesterday called for major U.S. oil companies to hand over their tax records. Republican Sen. Charles Grassley said, the Senate wants to know if the federal government is “getting it’s fair share of the action.” In related news, Exxon today called for the IRS to turn over its financial records as part of an informal investigation to discover how the federal government manages to take in $2 trillion per year in taxes, and yet still has to borrow money to fund operations.
From ScrappleFace.
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