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‘Stealth Bailout’ Shovels Millions of Dollars to Oil Companies

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“This is a stealth bailout for the oil and gas industry,” said Jesse Coleman, a senior researcher with Documented, a watchdog group tracking the tax claims. It’s geared to companies “that have been losing money over the last few years — and now they get that money back as a check from the taxpayers. That’s exactly what the oil industry has been doing.” Click to read the full Bloomberg article here.