During an interview with the “Pod Save America” podcast released on Thursday, Sen. Mark Kelly (D-AZ) stated that the windfall profits tax on the oil industry floated by President Joe Biden is “something to consider.”
On Thursday’s broadcast of CNBC’s “Closing Bell,” Energy Secretary Jennifer Granholm responded to a question on historical evidence from Europe and the U.S. that a windfall profits tax like the one floated by President Joe Biden would hurt production by
The Bank of England predicted the UK will experience the longest recession in recorded history on Thursday as it raised interest rates again.
On Tuesday’s broadcast of CNN’s “Situation Room,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers criticized President Joe Biden’s threatened windfall profits tax on oil and
Nearly Half a Million Businesses Could be Underwater ‘Within Weeks’
Hungary’s Prime Minister Viktor Orbán will impose a temporary windfall tax on banks and multinationals which he says are profiting from the Ukraine war, to protect Hungarians from energy bill increases and enhance the military.
