You Are Browsing ‘tax loopholes’ Category

Tweet Follow me The good news as Wall Street gives a thumbs-down to the “No taxes, No jobs” deficit-ceiling-deal (with its built-in automatic spending cuts virtually certain to kick in amid more Congressional gridlock) is that U.S. crude oil futures ended Thursday at $86.63 a barrel in New York — down $5.30! The bad news is that oil companies only use the futures price to justify increasing prices at the pump no matter what their profits have been lately. Still, the GOP got out of the way of putting...