The largest oil companies recently announced that they had made more than $25 billion in the first three months of 2011- up about 30% from 2010. On Tuesday, May 17th, Senator Rubio voted to continue giving tax subsidies to the most profitable companies in the world.
In fact, over the last 10 years, the largest oil companies in this country have made almost $1 trillion in profit. During that period, some of them have paid no federal income taxes at all, in fact, have gotten rebates (in addition to the tax subsidies they already receive).
Floridians made hundreds of calls, collected petitions and wrote Senator Rubio e-mails urging him to END tax breaks to oil companies, but Marco Rubio STILL voted to continue giving tax subsidies to oil companies. Now it's time to keep the pressure on and make sure Senator Rubio knows we disagree with how he voted and we won't forget.
Over the past 10 years, the 5 largest oil companies have made nearly $1 trillion in profit. That's $274 million in profit every day, for ten years. During that period, some of them have paid no federal income taxes at all. In fact, some have actually gotten rebates. That's money hardworking Americans paid into the system being used as a welfare program for Big Oil. Unconscionable.
I am writing to tell you one thing: I won't forget.
I won't forget that you hung average Americans out to dry while pumping billions of our hard-earned dollars into the pockets of the already rich and successful. I wont forget that you lied to the American people, and me, when you promised to be a deficit hawk and fight hard for a balanced budget. I won't forget that a few thousand dollars in campaign contributions from oil lobbyists managed to speak more loudly to you than your millions of constituents.
I won't forget.