Don't Let BP Write Off the Gulf Oil Spill Again

Settlement payments for corporate misconduct should not just be a cost of doing business.

Don't let BP claim any more tax deductions for the payments made in connection with the Gulf Coast oil spill. BP has already claimed billions in tax write-offs for the clean up and damages in connection with the Gulf oil spill. Enough is enough. Any future payments to resolve BP's gross negligence in the Gulf shouldn't be tax deductible.

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