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Latest Windfall gain Stories

2014-07-24 23:08:11

Debt Consolidation USA shares in a recent article published last July 18, 2014 some of the pitfalls of having windfall profit. The article lays out some of the most common traps that unexpected earnings bring to a consumer. New York, NY (PRWEB) July 24, 2014 Debt Consolidation USA shares in a recent article published last July 18, 2014 some of the pitfalls of having windfall profit. The article titled “3 Pitfalls Of Windfall Profits” lays out some of the most common traps that...

2009-02-02 07:00:00

PETALUMA, Calif., Feb. 2 /PRNewswire-USNewswire/ -- President Barack Obama's latest economic stimulus plan may have been heavily influenced by powerful corporate lobbying. Some of President Obama's earlier campaign promises that would have directed hundreds of billions of dollars back into the middle class economy may have been killed by an intensive and well-financed lobbying campaign backed by some of our nation's largest corporations. President Obama campaigned for two years on a promise...

2009-01-15 07:00:00

PETALUMA, Calif., Jan. 15 /PRNewswire-USNewswire/ -- The following is a statement from American Small Business League President Lloyd Chapman: Every day for more than two years President-elect Barack Obama promised voters that if he was elected president, he would enact a windfall profits tax on the oil and gas industry to fund a $1000 per household energy rebate. (http://www.youtube.com/watch?v=QJPo5IGTd0A) Just two days after being elected on November 6, President-elect Obama rolled out...

2008-12-08 07:00:00

PETALUMA, Calif., Dec. 8 /PRNewswire-USNewswire/ -- The following is a statement from the American Small Business League: Barack Obama may already be losing credibility over his explanation as to why he dropped the windfall profits tax on the oil and gas industry from his administration's agenda. During his campaign, President-elect Obama promised to enact a windfall profits tax on the oil and gas industry, which would help finance a $1,000 emergency energy rebate for American families....

2008-12-02 07:00:00

Obama Backs Down from Promise to Institute Windfall Profits Tax PETALUMA, Calif., Dec. 2 /PRNewswire-USNewswire/ -- President-elect Barack Obama has removed any reference of his promise to implement a windfall profits tax on the oil and gas industry from the Obama-Biden Transition Team website, www.change.gov. During the course of the 2008 presidential election, the Obama campaign called for a windfall profits tax on the oil industry as a means of subsidizing a $1,000 "emergency" rebate...

2008-10-15 16:15:00

The U.S. presidential candidates' disagreement on how to handle oil companies' taxes and profits reflects broader differences on energy, observers said. Republican Sen. John McCain of Arizona wants to drop the top corporate income tax rate from 35 percent to 25 percent, which would save oil companies several billion dollars annually. Democratic Sen. Barack Obama of Illinois wants to impose a windfall profits tax on oil companies and use the money for tax rebates. Each candidate opposes the...

2008-10-15 08:00:00

By Dennis Cauchon ExxonMobil earned after-tax profits of $41 billion and paid $14.5 billion in worldwide income taxes in 2007 -- the highest in corporate history in both categories. The world's largest oil company is on track to smash both records in 2008, despite a recent decline in oil prices. Should it pay higher taxes? Democratic presidential nominee Barack Obama wants to impose a "windfall profits tax" on oil companies and use the money to provide tax rebates of $500 for most...

2008-10-08 06:00:29

By Ed Vogel By ED VOGEL REVIEW-JOURNAL CAPITAL BUREAU RENO - Taxes on mining in Nevada should be increased as a way to avoid future cuts in state spending, at least five speakers told a legislator Monday night. "It is inexcusable not to have any kind of real taxes on gold," retired Reno engineer Jerry Purdy said during a public meeting called by Assembly Speaker Barbara Buckley, D-Las Vegas. Buckley is holding town meetings across the state to gather input from Nevada residents on...

2008-09-04 03:00:23

By Watkins, Eric Indonesia, in a bid to exercise greater control over contract holders, will allow upstream oil and gas regulator BPMigas to assign officials to work as vice-president within international oil companies (IOCs). The decision, which followed earlier reports of efforts to step up the monitoring of the upstream sector, also coincided with calls for the government to impose a windfall profits tax on IOCs. BPMigas head R. Priyono, who named four officials to be assigned to...

2008-08-07 03:00:31

Barack Obama yesterday put forward an energy plan he said was designed to end U.S. reliance on imported oil within 10 years. Obama's new proposal includes two significant reversals of previous positions: He had steadfastly fought the idea of limited new offshore drilling and was against tapping the nation's emergency oil stockpile to relieve gasoline prices. Not only did Obama push for drawing from the Strategic Petroleum Reserve, he also reiterated his changing position on offshore...


Word of the Day
cruet
  • A vial or small glass bottle, especially one for holding vinegar, oil, etc.; a caster for liquids.
This word is Middle English in origin, and ultimately comes from the Old French, diminutive of 'crue,' flask.
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