Latest Breaking News On - Essential tax - Page 1 : comparemela.com
soprano element to this, in that they will extract some more money they want to get out of oil companies that might take advantage of this. in other words, the royalties that oil companies have to pay on whatever they extract from these lands will move up to about 18 and 3/4% of the value of all that from about 12 1/2%, essential tax, that could be deemed sort of like a windfall profit tax in a back door way. and then of course there s the issue of how it will be received in the markets on monday. all of this, remember, was announced yesterday, not only when the markets are closed, but it was literally deep into the holiday weekend, when no one was paying much attention, but we are. we thought you should pay attention to it as well. u.s. oil and gas association president, tim, this is what you ve been calling for, but when you look at the fine print, it isn t really all you ve been calling for, so is this a good or bad thing? well, you know, i read that
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