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Robert Reich: Fighting the Bullies (Corporate and Otherwise)
All Ears with Abigail Disney
What Is a Windfall Tax?
What we really have today is corporate profit price inflation. And that is the major domestic source of inflation. So what's a windfall tax? I've been hearing you talk about that. What it is essentially, Abby, is an attempt to tax these gains that are exploitative. That has nothing to do with either costs or what a corporation should normally register as profits.
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