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PM needs to tax big oil excess profits | Caledon Citizen

PM needs to tax big oil excess profits | Caledon Citizen
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Windfall profitsWindfall profits tax

Time for a windfall profits tax on big oil

The idea of taxing the fossil fuel sector’s record profits to deliver financial relief for working people is gaining traction in Canada. Rent and interest rates are skyrocketing and many

Alexandre gorchkovWindfall profitsWindfall profits taxWindfall profitFossil fuel

Back to the Carter economy

Back to the Carter economy
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United statesWhite houseDistrict of columbiaGlenn reynoldsJoe bidenBiden coStrategic petroleumBig oilBiden administrationPresident bidenWindfall profits taxStrategic petroleum reserveEnergy secretary granholm

Biden should urge windfall profit tax on big oil companies fleecing Americans at the gas pump

WASHINGTON – President Joe Biden in remarks today attacked oil industry giants for reaping record profits but not lowering prices that are battering U.S. consumers’ pocketbooks – and he should go a step further and impose a “windfall profit tax” on these companies.

United statesGavin newsomKen cookJoe bidenExxon mobilEnvironmental working groupPresident joe bidenEnergy economicsCorporate taxation in the united statesTransport economicsWindfall profits taxWindfall taxWindfall the oil crisis game

Biden Threatened to Raise Taxes on Big Oil Climate Activists Have Wanted That for Years

Biden Threatened to Raise Taxes on Big Oil Climate Activists Have Wanted That for Years
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New yorkUnited statesRhode islandSharm el sheikhJanub sinaAntonio guterresLauren maunusElizabeth warrenKristoffer tigueMarianne lavelleChris van hollenJoe bidenJennifer granholmJaney yellenSheldon whitehouseBernie sanders