Rep. Jamaal Bowman and Sen. Bernie Sanders on Friday led a group of progressive lawmakers in announcing legislation that would penalize large corporations with a 95% windfall profits tax for using elevated inflation as a pretext to hike prices and pad their bottom lines.
'Congress must do its part to check corporate greed before it completely robs people in America of their ability to live a life in pursuit of liberty, justice, and happiness.' 2023 Profits Above Pre-Pandemic Average: ⬆️444%: Amazon ⬆️325%: Marathon Petroleum ⬆️289%: Chevron ⬆️202%: Berkshire Hathaway ⬆️195%: Google ⬆️193%: Centene ⬆️190%: Microsoft ⬆️165%: Exxon Mobil ⬆️165%: Facebook ⬆️111%: Lowe's ⬆️108%: UnitedHealth We need a windfall profits tax. pic.twitter.
Corporate Greed Corporate Power Inflation Windfall Profits Tax
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