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Energy expert says California windfall tax is a bad idea

Por: Fox Business Business October 01, 2022

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Check out what's clicking on FoxBusiness.com California implementing a windfall tax on oil companies would be harmful, according to an energy expert who spoke with FOX Business. Democratic on Friday called for a windfall profit tax to be levied on the profits above a set amount for companies involved in the extraction, production and refining of oil. The funds collected by the tax would then be directed to rebates/refunds to California... + full article



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