Barack Obama and Joe Biden will enact a windfall profits tax on excessive oil company profits to give American families an immediate $1,000 emergency energy rebate to help families pay rising bills. This relief would be a down payment on the Obama-Biden long-term plan to provide middle-class families with at least $1,000 per year in permanent tax relief.
Saturday, November 8, 2008
Obama Redistribution Step #1: A Windfall Profits Tax on "Excessive" Oil Profits
From the official Obama-Biden Office of the President-elect web site:
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