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Hestia

(3,818 posts)
Fri Jun 10, 2022, 07:01 PM Jun 2022

When is the Windfall Profit Tax going to kick or did Cult45's magic wand do away with that law too?

Under "normal" circumstances, in the past the rise of price gouging would be promptly done away with via the Windfall Profit Tax and people prosecuted. Under "normal" circumstances, there would not be a worldwide glut of oil, so much that it was parked in oil containers off shore for months. As soon as refining started back up - oops, we are now at a stand still because of not enough oil - yeah, sure, right. The oil that was parked off shore should have lasted us at least a year.

Plus, whoever heard of buying a tanker of gasoline, then raising the prices over and above what the "sold as" price is at the time of payment? That is out and out price gouging.

The first door that needs to be kicked in and everyone handcuffed lies with the Kock Bros - don't they own like 80% of the refineries in the US?

If we are supposed to go back to "normal," let's go back to normal and stop this crap in its tracks - pull every law in our arsenal out and actually use them. Who's the chicken shit who won't dust off the laws & statues books and use them.

Because, once again, this is the Revenge of the Billionaires & Trillionaires. There ain't no way in hell we will be allowed to keep a dime from any raises that may have been accrued over the last year and half.

Oh - btw - the price gouging is all due to greedy manufacturers and sellers/middlemen. It has absolutely nothing to do with the federal/state governments, other than not making them repay every dime plus fines and jail time.

Oh, but, everyone just has to go have a beer or cocktail so they can bitch about the pricing of items due to "exhaustion" or "anxiety." People just had to follow the Teabaggers playbook an become mouth-pieces for said Billionaires & Trillionaires. It's what they wanted and everyone feel right in line...

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When is the Windfall Profit Tax going to kick or did Cult45's magic wand do away with that law too? (Original Post) Hestia Jun 2022 OP
What percentage of profit does it take for it to be a windfall? MichMan Jun 2022 #1
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