Windfall Tax on Big Oil Demanded as Trump's Iran War Pads Profits of Fossil Fuel Giants
Senator Whitehouse reintroduced the Big Oil Windfall Profits Tax Act to address corporate profiteering during the energy crisis.
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Thanks to Trump's Iran War, Over $100 Billion Has Been 'Siphoned From Ordinary People' to Big Oil2 articles·1 source·Avg cred 53/100
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tl;dr
Following a surge in oil prices due to conflict with Iran, advocacy groups and Democratic lawmakers are renewing calls for a windfall profits tax on fossil fuel companies to curb profiteering and fund renewable energy.
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SWSheldon WhitehouseD-Rhode Island
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