On Tuesday, BP announced that they would be taking a $10 billion deduction on their US taxes because of losses stemming from the blown out oil well and expenses associated with the subsequent clean-up and compensation payments to Gulf businesses. Florida Senator Bill Nelson responded on Wednesday, writing a letter to the Senate Finance Committee, demanding an investigation into BP’s planned write-off.
Senator Bill Nelson Fights Back Against $10 Billion BP Tax Write-Off |
| By: Jim White Thursday July 29, 2010 1:01 pm |


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