BP has already claimed $10 billion in tax credits by writing off expenses related to the Gulf oil spill two years ago. In effect, taxpayers paid half the $20 billion BP paid to compensate Gulf residents and businesses.
And unless the Department of Justice expressly prohibits it, BP could pull the same trick again and write off any settlement it pays for its damage to the environment.
Taxpayers shouldn't have to help BP shoulder the costs of its mistake.
Send an email to the Department of Justice today. Tell them oil spills should not be tax-deductible.
Make sure BP's oil spill isn't tax-deductible
Dear Attorney General Eric Holder,
Sincerely,[Your Name] [Your Address] [City, State ZIP]
If you take action and have not already registered, you will receive periodic updates and communications.
UNITED STATES PUBLIC INTEREST RESEARCH GROUP
44 Winter Street, 4th Fl. • Boston, MA 02108
FEDERAL ADVOCACY OFFICE:
218 D Street SE, 1st Fl. • Washington, DC 20003