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First reported by nkomode.com
Oil companies are making billions. In the U.S., calls to tax their windfall are growing

U.S. lawmakers push windfall tax on oil companies as Iran conflict drives record profits and higher gas prices

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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Julia Simon22h ago7 min readenNews

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