Congress discusses higher oil tax for Gulf spill cleanup costs
WKYC – WASHINGTON D.C. — Will Congress pass a higher tax that could wind up tapping your wallet to pay for the massive Gulf oil spill cleanup?
A measure is being discussed that would quadruple an 8-cent-per barrel oil tax to 32 cents.
President Obama wants BP to pay the cleanup costs. The company estimates those so far at $350 million and gushing higher every day.
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Senator Sherrod Brown says, "The tragic spill of the Gulf Coast will affect the environment and local residents and businesses, but it should not affect Ohio taxpayers. BP made $5.6 billion in profits in the first quarter of this year. They must be held responsible for all cleanup costs and damages."
