The best solution to high gas prices: tax the oil companies
Patrick Gaspard discusses why Congress should enact a temporary windfall profits tax on Big Oil to ensure these companies are not profiting from Russian's war in Ukraine.
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President Biden has led a successful campaign to cut Russia off from the global economy, with asset freezes, export controls and a ban on Russian oil imports. While this has had a devastating impact on the Russian economy, there’s no denying that Americans are feeling the reverberations as well.
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