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Windfall Profits Tax

Dem Oil Bill Goes Down

June 10, 2008

Score one for capitalism today, as the Dem’s “windfall profits” tax bill couldn’t get the sixty votes needed for cloture.  Hence, the bill is dead for now.  This populist, anti-capitalist proposal underscores the success Dems have had in deflecting the issue of energy prices solely onto the producers, not the regulators.  Congress won’t let them [...]

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