On the recordMarch 19, 2012
You propose in your budget an increase of onshore royalties from 12.5 percent to 18.75 percent, an increase on the cost that the consumer will pay.
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congress.govJeff Duncan: “You propose in your budget an increase of onshore royalties from 12.5 percent to 18.75 percent, an increase on the cost…”
Editor's note · Context
Duncan criticizes proposed royalty increases for raising consumer costs.
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