Windfall Profits Tax Redux | By Robert F. Mulligan Senators 'Karen' Warren (D-MA) and Sheldon Whitehouse (D-RI) are pushing for a new windfall profits tax on petroleum. This will essentially reinstate the Carter-era legislation enacted in response to the second oil shock in 1980. Since Congress is considering and will be debating a policy which was actually implemented in the past, the

By Robert F. Mulligan Senators 'Karen' Warren (D-MA) and Sheldon Whitehouse (D-RI) are pushing for a new windfall profits tax on petroleum. This will essentially reinstate the Carter-era legislation enacted in response to the second oil shock in 1980. Since Congress is considering and will be debating a policy which was actually implemented in the past, the| USSA News

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