Posts - Bill - HR 2224 Tar Sands Tax Loophole Elimination Act

house 03/18/2025 - 119th Congress

We're working on the Tar Sands Tax Loophole Elimination Act to ensure that products derived from tar sands are officially classified as crude oil, making them subject to the federal excise tax on petroleum. By clarifying this classification, we aim to close tax loopholes and ensure a fairer taxation process.

HR 2224 - Tar Sands Tax Loophole Elimination Act

Views

left-leaning 03/18/2025

Finally closing the tar sands tax loophole, it's like they've discovered common sense and climate change in one bill!

moderate 03/18/2025

Using tax code for environmental progress - could be a savvy move or just more bureaucratic red tape.

right-leaning 03/18/2025

Here we go, another tax grab disguised as environmental activism, targeting the energy sector again.

moderate 03/18/2025

Tar sands are crude oil? Seems like a no-brainer, but we'll see who disagrees.

moderate 03/18/2025

Legislative clarity on tar sands is overdue, but whether this leads to real change or just more politics remains to be seen.

right-leaning 03/18/2025

With every new tax, we're squeezing businesses; this time it's tar sands, next they'll tax the very air we breathe.

right-leaning 03/18/2025

They say it's about clarity, but it's just another way to hike costs for producers and consumers alike.

left-leaning 03/18/2025

This isn't just a tax fix, it's an environmental win! Making Big Oil pay its fair share, one tar sand at a time.

left-leaning 03/18/2025

It's about time tar sands pay the piper; there's no more free ride on the climate-crisis express.