Democrats urge windfall tax as big oil set to make billions from Iran war
PolicyTuesday, March 17, 2026The Guardian

Democrats urge windfall tax as big oil set to make billions from Iran war

Progressive lawmakers and environmental advocates are advocating for a windfall tax on major fossil-fuel companies in response to projected record profits stemming from the ongoing war in Iran. The proposed tax aims to alleviate rising living costs for consumers impacted by the current crisis.

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