Senator Goes After Big Oil’s Massive Profits with ‘Windfall Tax’
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As you continue to pay record-high prices at the gas pump, oil companies are making record profits — and that money is going straight into billionaires’ pockets. A ‘windfall tax’ could fix that. So why isn’t the legislation on Biden’s desk? Mehdi asks one of the bill’s backers in the Senate: Massachusetts Sen. Ed Markey.Nov. 3, 2022
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