SAN BRUNO, CALIFORNIA – OCTOBER 03: Gas prices over $6.00 a gallon are displayed Getty Images Governor Gavin Newsom believes California’s gas prices are too high. And he is correct. However, his...
Tag: windfall profits tax
Biden’s “Windfall Profits Tax” On Oil Companies Would Give Voters What They Want—And That’s The Problem
WASHINGTON, DC – OCTOBER 31: U.S. President Joe Biden delivers remarks on oil company profits in the … [+] Roosevelt Room of the White House on October 31, 2022 in Washington, DC. Biden is...
Last Twenty Years Clarifies Call For Windfall Profits Tax.
Senator Bob Dole (Republican – Kansas) proposed a windfall profits tax tied to inflation circa 1980. Bettmann Archive When profits reported by oil and gas companies are big, they can be really b...
Democrats File New Tax On Alleged ‘Windfall Profits’ By Big Oil
WASHINGTON, DC – APRIL 28: Sen. Sheldon Whitehouse, D-R.I., attends the Senate Judiciary Committee … [+] confirmation hearing in Dirksen Senate Office Building in Washington, D.C., on Wedn...