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Biden should not repeat Jimmy Carter’s windfall profits tax mistake

Por: The Hill Business November 18, 2022

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 to denounce the “outrageous profits” of the major oil companies and declare that he would push Congress to enact a tax on their excess profits. But “excess profits” are in the eye of the beholder, and oil companies have always been the target of political scrutiny any time they report large profits or the price of gasoline rises.  was intended to capture the excess profits of the major oil companies after Carter and Congress lifted... + full article



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