Editor’s note: Later posts in this series revise the loophole’s size to $59 million, according to newly available 2014 data from the WA OFM. The $41 million noted below is based on earlier calculations.
Big Oil companies in Washington get $41 million from an accidental tax loophole that was never designed to benefit them. It’s enough to make the tangible investments in public education that our teachers and students so desperately need.
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To learn more about it, check out this 2 minute video graphic:
Don’t have 2 minutes? This graphic says it all:
There is some good news though. It’s entirely possible to end Big Oil’s taxpayer subsidy and redirect that money to kids. Go here to find out how.
Big thanks to designer Don Baker who produced these graphics.