Resistbot
  1. United States
  2. N.J.
  3. Letter

YES on Taxing Buybacks from Big Oil Windfalls Act

To: Sen. Kim, Sen. Booker

From: A verified voter in Lambertville, NJ

May 24

Please support the Taxing Buybacks from Big Oil Windfalls Act (https://substack.com/redirect/62ff35b8-a63c-497e-80f9-cf2776cb76f8?j=eyJ1IjoiNm1seXYifQ.otOmJiKbuVjJchpYlNRHfEdUeScpGrrwie9zwfsSQuI), which was just introduced this week. It increases the stock buyback tax to 25% on large oil & gas companies, which is only fair while Americans are struggling under Trump’s spike in gas prices. The higher buyback tax rate would be in place until gas prices consistently return to pre-war prices.

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