"Enough is enough," said Sen. Bernie Sanders. "We cannot continue to allow large corporations to make obscene profits by price gouging Americans in virtually every sector of our economy."
They might try, but that didn’t happen when Nixon passed a windfall tax in the 70’s.
And, even so, it’s a good thing to make corruption more inconvenient, and a windfall tax wouldn’t just help fix inflation, it would send a huge message to Corporate America.
But this is all a pipe dream. The Federal Government is an oligarchy, not a democracy.
They might try, but that didn’t happen when Nixon passed a windfall tax in the 70’s.
And, even so, it’s a good thing to make corruption more inconvenient, and a windfall tax wouldn’t just help fix inflation, it would send a huge message to Corporate America.
But this is all a pipe dream. The Federal Government is an oligarchy, not a democracy.