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subsidies

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    Senate shoots down proposal to end ethanol subsidies     1308088860

    Earlier today, the United States Senate rejected an amendment that would have put an end to the $6 billion in tax breaks and subsidies for producers of corn-based ethanol. Introduced by Senator Tom Coburn (R-Oklahoma), the amendment was unable to martial the 60 votes needed to end debate in the ...

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    Senate votes down bill to end oil company subsidies, see how they voted and who gets oil money     1305898080

    As expected, a Democratic bill that would have put an end to the multi-billion-dollar annual tax subsidies for oil companies Chevron, Shell, BP, ConocoPhillips and Exxon Mobil failed to overcome a Republican filibuster on Tuesday evening. The heavily partisan 52-in-favor, 48-against vote fell ...

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    Protection for Proton by Malaysian government ends     1211284920

    The Malaysian government has decided to end its protection of Malaysia's Proton Motors. In addition to the import duties and taxes levied against foreign carmakers, Proton was also the recipient of tax breaks and "other government incentives."The decision could be seen as a blow to Proton, but ...

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