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Op-Ed: The Case for a Windfall Profits Tax on Big Oil (www.theurbanist.org)

submitted 1 week ago by CombatWombat@feddit.online to c/seattle@lemmy.world

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With the price of a gallon of gas jumping two dollars in Washington state over the last few months, John Burbank argues it’s high time to institute a windfall profits tax on Big Oil, as they profiteer off Trump’s war in Iran with record revenue.

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