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Viral Spiral
FactCheck Mailbag
FactCheck Mailbag, Week of May 7-13.
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2012 Players Guide
Tag Archives: oil companies
DCCC Dials Wrong Number
Democrats make false and misleading claims about the impact of the House GOP budget plan on Medicare and the federal debt in automated phone calls placed in 13 districts. The robocalls, paid for by the Democratic Congressional Campaign Committee …
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In N.M., Wildlife Group Mislabels Pearce
This ad says Republican Steve Pearce was "named one of the most corrupt members of Congress." We find that’s a bum rap. The ad also falsely attacks the former GOP congressman for voting in 2005 to give "big oil giants like BP … billions in tax breaks." Pearce’s vote actually resulted …
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Posted in The FactCheck Wire
Tagged 2010 midterm elections, Defenders of Wildlife, ethics, New Mexico, oil companies, Steve Pearce, Tom Udall
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Labor Falsely Attacks Lincoln. Again.
New TV spots from two labor unions try to paint Democratic Sen. Blanche Lincoln of Arkansas as a slick politician who has done the bidding of big-business donors, such as oil companies. But the claims just don’t stick. One ad claims Lincoln “helped George Bush and Dick Cheney give oil and gas companies …
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Posted in Articles
Tagged 2005 Energy bill, AFSCME, Blanche Lincoln, contributions, insurance companies, oil companies, SEIU
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Obama 68 Million Acre Boast
Obama was off the mark when he said that oil companies have “68 million acres that they’re not using.” As we’ve pointed out previously, those 68 million acres of land are not producing oil, but they are not necessarily untouched. In fact, in 2006, the last year for which figures …
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Tax Cuts for Oil Companies?
McCain isn’t proposing a special tax break for oil companies, despite Joe Biden’s mention (more than once) of the $4 billion cut they’d get. As we’ve noted previously, McCain’s plan would cut the corporate tax rate from 35 to 25 percent — for ALL corporations, not just oil companies. It …
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Posted in The FactCheck Wire
Tagged Joe Biden, oil companies, taxes, vice presidential debate
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2005 Energy Bill Deja Vu
Palin threw out an old canard when she criticized Obama for voting for the 2005 Energy bill, saying, “that’s what gave those oil companies those big tax breaks.” It’s a false attack Clinton used against Obama in the primary and McCain himself has hurled. It’s true that the bill gave …
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Posted in The FactCheck Wire
Tagged energy bill, oil, oil companies, Sarah Palin, tax breaks, vice presidential debate
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Gasoline Tax Profits
Q: Does the government really make more in taxes from the sale of a gallon of gasoline than the oil companies do? A: Possibly. Both taxes and profits account for a large share, but which is larger depends on too many unknown factors to allow for a clear answer.
Oil and Gas Company Tax Breaks
Q: What kind of tax breaks does the U.S. give to oil companies and to corporations that send jobs overseas? A: Companies with overseas subsidiaries can keep their income untaxed by the IRS if they don’t transfer that revenue back to the U.S. Oil and gas companies received tax breaks …
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