Senate rejects reinstatement of industry Superfund tax

04/07/2003
The US Senate, on a 56-43 vote Mar. 25, rejected efforts to revive an expired "Superfund" toxic waste tax on industry. Before 1995, oil and chemical companies were charged a fee on their products that went to a special cleanup trust fund; the excise tax on crude was 9.7¢/bbl. Superfund taxes also included a corporate environmental tax of 0.12% on taxable income over $2 million."Today, the Republicans have sent a message loud and clear: They stand with the corporate polluters and not with American families," amendment sponsor Sen. Frank Lautenberg (D-NJ) said after the vote. "My amendment would force the oil and chemical companies that made these messes to pay for a portion of the cle...
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