So it seems that pipeline companies have found a way to get you and I to pay the taxes of their owners. Master Limited Partnerships that own rate regulated pipelines can force you and me to pay their taxes through
You would never know from looking at your utility bills and gas station receipts that the federal government has let one type of big business drill a hole in your pocket to collect income taxes, just as when looking across the surface of the planet, you cannot see the rich deposits of oil and natural gas buried under miles of water, soil, and rock. The cost is embedded in the sums your local utility or gas station pays for the natural gas and petroleum delivered via pipeline.
Is the Williams Pipeline an MLP? If so they not only can take land via eminent domain but we may be paying their income taxes as well.
