Senator Warren Is Seeking Big Oil Windfall Profits Tax

Democratic Senator Elizabeth Warren says that she is working with colleagues “on a windfall profits tax” for big oil.

• “Big Oil’s first priority is to maximize profits. It’s also their second priority, third priority, and on and on,” she says in a tweet
• “We can’t let them use Putin’s invasion as an excuse to pad their bottom line with war-fueled profits”
• NOTE: Biden Warns Oil Firms No ‘Price Gouging’ After Russia Ban (1)

To contact the reporter on this story:
Kasia Klimasinska in Washington at kklimasinska@bloomberg.net

To contact the editor responsible for this story:
Kasia Klimasinska at kklimasinska@bloomberg.net

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