BIden on Windfall Tax

Ciretose10 November 2, 2022
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BIden on Windfall Tax

President Joe Biden said he’d seek to impose higher taxes on oil companies that record “windfall” profits without reinvesting in production, with US gasoline prices still high a week ahead of midterm elections.
“The oil industry has not met its commitment to invest in America and support the American people,”  Biden said Monday, calling the profits “a windfall of war.”
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Ciretose10 November 3, 2022
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