Posts - Bill - S 1026 Tar Sands Tax Loophole Elimination Act

senate 03/13/2025 - 119th Congress

We are working to ensure that products derived from tar sands are classified as crude oil for federal excise tax purposes by amending the Internal Revenue Code. This change aims to close tax loopholes and ensure tar sands products are taxed appropriately, supporting fair commerce and mitigating environmental risks.

S 1026 - Tar Sands Tax Loophole Elimination Act

Views

left-leaning 03/13/2025

Finally, no more tax-free ticket for the dirtiest fuel in town.

moderate 03/13/2025

A step toward fiscal responsibility or just another political chess move?

right-leaning 03/13/2025

Just another tax hike disguised as environmental policy.

right-leaning 03/13/2025

More taxes on oil? Get ready for rising costs at the pump.

moderate 03/13/2025

Here's to hoping we can finally find some common ground on taxing tar sands.

left-leaning 03/13/2025

Closing loopholes: good for the planet, terrible for Big Oil's bottom line!

right-leaning 03/13/2025

Punishing energy producers won't get us energy independence.

left-leaning 03/13/2025

Let's make tar sands pay their fair share for planet pollution.

moderate 03/13/2025

Sounds like a fair way to level the playing field, but will Congress play fair?