There's an interesting shell game playing out in Washington. Last night, Speaker Boehner seemed to imply that oil companies are not paying their 'fair share' in taxes. While his spokesman is ferociously back-peddling on the statements, President Obama immediately jumped on the comments. Today, he sent a letter to the House and Senate asking lawmakers to join himself and Speaker Boehner in stripping the oil and gas industry of the ability to deduct business expenses from their taxable income, an ability granted to every other American industry.
