Let’s put this article into real context so we can understand who will really pay for the oil spill cleanup. Forever more….
Congress knows fully that increased taxes to business are passed on to consumers – always.
President Barack Obama and congressional leaders have said they expect BP to foot the bill for the cleanup.
"Taxpayers will not pick up the tab," Senate Majority Leader Harry Reid, D-Nev., said Monday.
Lawmakers felt the tax increase, to 32 cents a barrel, was reasonable, said Rep. Sander Levin, D-Mich., chairman of the tax-writing House Ways and Means Committee.
Guith said the tax could be passed on to consumers, depending on the ability of oil companies to raise gas prices in response to a tax increase.
Political BS from our leaders.