Higher oil prices since the Iran war began mean many oil companies have brought in excess profits. Some U.S. lawmakers want to tax those windfall profits and give the money to lower-income Americans.
(Image credit: Brandon Bell)
Oil companies are making billions. In the U.S., calls to tax their windfall are growing
Higher oil prices since the Iran war began mean many oil companies have brought in excess profits. Some U.S. lawmakers want to tax those windfall profits and give the money to lower-income Americans.
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Source: NPR News
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