Rep. Katie Porter (D-Calif.) didn’t need a whiteboard to deliver one of her textbook takedowns Tuesday when an oil company executive argued that his industry doesn’t get any special tax breaks.
Following her recent appointment as chair of the House Natural Resources subcommittee on oversight, Porter was one of several Democrats to introduce legislation last week that would raise royalty rates on oil and gas companies for the first time in over a century.
Mark Murphy, president of Strata Production Co., argued in a subcommittee video hearing Tuesday, “There seems to be a misconception out there that you’re operating from that somehow the oil and gas industry have benefits from some special sort of tax structure. We don’t.”
“You do benefit from special rules,” Porter said, after interrupting him. “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% of your costs immediately, and other businesses have to amortize their expenses over their entire profit stream. 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.”
A Big Oil exec told me I had a "misconception" about a special tax break polluters get that other businesses don't.
So, after explaining the deduction to him, I offered to write it out of the tax code if that what he wants. Just let me know! pic.twitter.com/ML25PMnrg5
— Rep. Katie Porter (@RepKatiePorter) March 9, 2021
Porter serves also on the Energy and Mineral Resources and the Public Lands and National Parks subcommittees. She’s working in those roles to advance policies that address the climate crisis, get fair value for taxpayers on the development of natural resources and hold polluters accountable, according to a statement about her appointment.
Porter has become a social media star for her persistent, well-informed takedowns of big business executives, which she often carries out with her now-famous whiteboard as a visual aid. Her speech Tuesday gathered steam online as fans and constituents praised her latest work.
Serial killer Katie Porter committed another act of murder today, and again it was captured on film.👇🏼😂 https://t.co/JDw0JxIi4b
— Fernand R. Amandi (@AmandiOnAir) March 9, 2021
Katie Porter has turned reaping the souls of slimy execs into an art form. https://t.co/3c2DeDzUlb
— Adam Best (@adamcbest) March 10, 2021
Wildfires raging, seas rising, droughts killing our crops. And we gift $20 billion in subsidies a year to fossil fuel companies.
Katie Porter is right. Let's stop the handouts to big corporations and invest in green jobs. https://t.co/wwZI21ygTt
— Jeff Sites for Congress (@Sites4Congress) March 10, 2021
OMG, I’m dying. Katie Porter destroyed this guy. She is their worst nightmare. Watch the smug, condescending look on his face change to anguish when she is done eviscerating him. The finger pointing!I love this!!! pic.twitter.com/T87WCHWyqd
— Ron Filipkowski (@RonFilipkowski) March 10, 2021
The most terrifying 15 words in the English language are "You've been asked to testify before Congress, and Katie Porter will be asking the questions." https://t.co/zzbMeTQvM8
— Seth Cotlar (@SethCotlar) March 10, 2021
Oh my lord, Katie Porter.
"Please don't patronize me by telling me the oil & gas industry doesn't have any special tax provisions."
— Public Citizen (@Public_Citizen) March 9, 2021
Lord, keep me honest in a way that Katie Porter would never have to look at me like this. Amen. 🙏🏻 pic.twitter.com/ETDnOsDoog
— Susan Tessier (@st965) March 9, 2021
There is NOTHING better than Katie Porter owning big business executives on television.
— Jesse Lifson (@DoYouEvenLif) March 9, 2021
Could we please clone Katie Porter about 217 times and have her run for Congress all over the country? https://t.co/wikfLPx83b
— Capt Scrod (@CaptScrod) March 9, 2021
This article originally appeared on HuffPost and has been updated.