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Katie Porter Gives Oil Exec a Brutal Fact-Check After He Claims Not to Get Special Tax Breaks
Congresswoman Katie Porter (D-CA) became a sensation in the House of Representatives for her grilling of high-powered men in defense of their underpaid employees, often using a dry erase board to lay out the math more clearly.
Porter's line of questioning at a House Natural Resources Committee hearing was no different—and she didn't even have to use the whiteboard.
The Congresswoman interrogated big oil's Strata Production president Mark Murphy, who claimed Porter was under the "misconception" that "somehow the oil and gas industry have benefits from some special sort of tax structure." Murphy argued that this was not the case.
Porter brutally assured him that it was, in fact, the case.
Watch below.
A Big Oil exec told me I had a "misconception" about a special tax break polluters get that other businesses don't.… https://t.co/jdUXrL01wy— Rep. Katie Porter (@Rep. Katie Porter) 1615317920.0
The Congresswoman said:
"You do benefit from special rules. There's a special tax rule for intangible drilling costs that does not apply to other kinds of expenses that businesses have. You get to deduct 70 percent of your costs immediately, and other businesses have to amortize their expenses over their entire profit stream."
Then she called him out:
So please don't patronize me by telling me that the oil and gas industry doesn't have any special tax provisions. Because if you would like that to be the rule, I would be happy to have Congress deliver."
People once again applauded the Congresswoman for holding rich executives to account.
Oh my lord, Katie Porter. "Please don't patronize me by telling me the oil & gas industry doesn't have any special… https://t.co/YQQDBgMieQ— Public Citizen (@Public Citizen) 1615329218.0
God bless Katie Porter. Amen. https://t.co/RUzK44XxzC— Kaz Weida (@Kaz Weida) 1615332241.0
Mansplaining to Rep. Katie Porter never goes well, Mr. Murphy. https://t.co/L85yYVY5dO— CajunBlueAZ™ 🌵 (@CajunBlueAZ™ 🌵) 1615334356.0
I stan.. They always try to eff around, they always find out https://t.co/UdQvcZaN8Y— Shannon in Ohio 4 (@Shannon in Ohio 4) 1615336219.0
Watching Katie Porter reduce corporate assh*les to puddles of goo is my version of going to church. https://t.co/DzuEz69owG— Nick Knudsen 🇺🇸 (@Nick Knudsen 🇺🇸) 1615338968.0
Katie Porter is a leader in every sense of the word. https://t.co/vZ0JPqs7qW— Jesse Lifson (@Jesse Lifson) 1615335943.0
People noted that she didn't even need the whiteboard to lay out where Murphy went wrong.
Katie Porter is a leader in every sense of the word. https://t.co/vZ0JPqs7qW— Jesse Lifson (@Jesse Lifson) 1615335943.0
.@RepKatiePorter delivered one of her textbook takedowns Tuesday when an oil company executive argued that his indu… https://t.co/AYNgn9FBMz— NikkiM (@NikkiM) 1615382792.0
Katie Porter is my all time favorite badass. LOVE HER!! She decimated this guy without even using her whiteboard. https://t.co/dTFSb7LMvi— Hold My PomPoms Bitches (@Hold My PomPoms Bitches) 1615378713.0
Porter won her last reelection handily by nearly 10 points.