BP is playing hardball with legislation in Alaska that seeks to take back the company’s tax deduction for repairing improperly maintained facilities, like the Prudhoe Bay plant.
The Anchorage Daily News reports that a BP mouthpiece responded to the bill by claiming Alaska would suffer a drain on investments if BP could not write off repair costs for neglect-inflicted facilities damage. How about just saying, "Sorry, won’t happen again."
The Daily News says the tax break is worth about $11 million to BP. For a company that pulled in $22 billion last year, .05 percent of last year’s profits hardly seems like an unfair penalty given all the pain the plant’s downing has caused for American motorists and Alaskan residents.