- United States
- Wash.
- Letter
An Open Letter
To: Rep. Larsen
From: A verified voter in Lummi Island, WA
June 2
I urge you to pass the Big Oil Windfall Profits Tax Act and return excess oil profits to American households through direct rebates.
Big Oil is profiting from the war with Iran while families pay more. One conglomerate recently reported nearly $7 billion in quarterly profit resulting from the oil price surge.
This is crisis profiteering. Oil companies are turning war, volatility, and consumer pain into another massive payday for executives and shareholders.
A windfall profits tax would ensure that excess gains caused by war-driven price spikes are returned to the households forced to pay those higher costs. Families are absorbing higher costs for an illegally declared presidential war that he cannot control.
Please help pass the Big Oil Windfall Profits Tax Act now.