Will oil companies pay a tax on massive profits?
President Biden is threatening to seek a windfall profits tax on big oil. Several companies reported a gush of record profits as prices at the pump surged while Russia is at war with Ukraine. Biden calls it “war profiteering.”
Here & Now‘s Deepa Fernandes talks about it with regular contributor Roben Farzad.
This article was originally published on WBUR.org.
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