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Rep. Doggett: The notion that Exxon and Chevron are being overtaxed is absolute nonsense

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May 8, 2012

The full text of Rep. Doggett's remarks follow below:

Itis very important to point out on this motion that every dollar for thesesocial services— for Meals on Wheels, for the 39 states that rely on thesefunds to deal with abused and neglected children—every one of these dollars ispaid for in this motion.

Thenotion that Exxon and Chevron are being overtaxed is absolute nonsense. I'djust like Exxon and Chevron to pay the same tax rate that Leos Phillips 66 onAirport and East 11th in Austin where I get my car servicedpays. I'd like them to pay the same rate as the people who clean up thecorporate board room pay. They have one special interest tax break afteranother and we don't get at all of them—but they have gotten special tax breaksnot because they're merited, but because they have the lobbying and thepolitical power to demand treatment that does not apply to any other industryin Washington. And we say through this motion, if you have to choosebetween Exxon and Jenny, let's choose Jenny.