Biden’s desperate move on gas prices

Biden’s desperate move on gas prices

Could he be any more blatant?

Just days before the midterm elections on Nov. 8, President Biden has called for a baldly political windfall tax on “excess” profits of oil and gas companies. There’s no chance it will happen, which Biden knows. Only Congress can impose new taxes, and Congress isn’t in session right now. When it was in session earlier this year, Democrats who control both houses kicked around the idea of an oil-company windfall tax, and it got nowhere.

Biden says he’ll…


Source link

About search

Check Also

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

[unable to retrieve full-text content]European Stocks Drop With US Tech Rally Faltering: Markets Wrap  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *