Windfall Tax on Big Oil Demanded as Trump's Iran War Pads Profits of Fossil Fuel Giants
Representative Khanna partnered with Senator Whitehouse to reintroduce legislation aimed at taxing oil company profits and providing consumer relief.
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Representative Khanna partnered with Senator Whitehouse to reintroduce legislation aimed at taxing oil company profits and providing consumer relief.
Following a surge in oil prices due to conflict with Iran, advocacy groups and Democratic lawmakers are renewing calls for a windfall profits tax on fossil fuel companies to curb profiteering and fund renewable energy.
Sponsor of windfall tax legislation
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