Tag: tax

Critics of Biden’s Proposed Oil-and-Gas Industry Taxes Fueled by Gas Shortages

The Center Square
Gas shortage "out of service" stickers

Gas shortages on the East Coast have helped rally Congressional opposition to the portions of President Joe Biden’s infrastructure plan that would force oil and gas companies to pay more in taxes.

House Republicans sent a letter to House Speaker Nancy Pelosi, D-Calif., and House Majority Leader Steny Hoyer, D-Md., calling on Democrats to oppose Biden’s plan to “eliminate tax preferences for fossil fuels.”

The letter, signed by 55 Republicans, came after a cyber attack of Colonial Pipeline shut down a major pipeline on the East Coast and led to fear-driven gasoline shortages. The attack also raised questions about the nation’s energy infrastructure and vulnerability to attack.

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New York Gov. Cuomo Tells Hero Healthcare Workers Who Traveled There to Save Coronavirus Patients Now Must Pay State Income Taxes

Jason M. Reynolds

New York Gov. Andrew Cuomo, who once pled for an influx of healthcare workers to treat COVID-19, now says they have to pay up for the privilege of having worked there to treat the coronavirus.

Cuomo said out-of-state medical professionals who volunteered to help his state owe income taxes, Fox News said. That applies even if they stayed on the payroll in their home states. However, only workers who stayed in New York for more than 14 days are on the hook.

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