Here’s some wonderful, uplifting corporate citizenship.
The state of Minnesota has repeatedly overvalued Enbridge Energy’s oil pipeline system, a state Tax Court judge ruled Tuesday, possibly leaving several counties on the hook to pay tens of millions of dollars in tax refunds…
Enbridge’s pipelines traverse 13 northern Minnesota counties, and some of them count on Enbridge for a large portion of their tax base. At least two counties — Clearwater and Red Lake — could end up refunding more money than they raise annually from all of their taxpayers.
Enbridge reported a 2017 pre-tax profit of $10,317 million.
My suggestion, and I’m sure I’m not the only one making it, is that we do all we can to turn this into a PR nightmare for Enbridge. They deserve it.