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Raising Taxes on Energy via Section 199

Anticipating proposals from a returning Congress and President Obama to pay for new spending initiatives (or “targeted” tax breaks) by raising taxes on energy production, the National Association of...

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Tax Targets: Today, Oil Companies; Tomorrow, Another Industry

The Senate Finance Committee has a hearing scheduled for Thursday, “Oil and Gas Tax Incentives and Rising Energy Price,” to which executives of a select few oil companies have been invited. “Frankly,...

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