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Dems' Oil Subsidy Bill is Unconstitutional

May 17, 2011 - by Donny Shaw

Senate Republicans may be using a faulty argument about gas prices going up if we end oil subsidies as an excuse for protecting some of their biggest corporate donors, but Democrats don't seem to be taking the issue much more seriously. By bringing up a bill to end subsidies and effectively increase the corporate tax rate on U.S. oil companies, they're only setting up a campaign talking point, not doing actual policy work. The bill is flat-out unconstitutional, and they know it.

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