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Trump Faces Calls for Windfall Tax on Oil Profits From Iran War

Donald Trump said oil companies have made "too much money" from the US-Iran conflict, drawing calls for a windfall tax on the industry's profits. Environmentalists and activists criticized Trump's policies, saying they were designed to benefit oil corporations and raised costs for Americans. No formal tax proposal has been confirmed.

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Environmentalists and activists furious as Trump’s policies raise costs for Americans. Plus, the masterpiece that was left lying in museum storage Don’t already get First Thing in your inbox? Sign up here Good morning. Donald Trump’s statement that oil companies have made “too much money” from the Iran war has angered environmentalists , who say his policies were designed to benefit those very corporations. American…

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World
Guardian

First Thing: Soaring oil profits from US-Iran conflict drive calls for windfall tax

Environmentalists and activists furious as Trump’s policies raise costs for Americans. Plus, the masterpiece that was left lying in museum storage Don’t already get First Thing in your inbox? Sign up here Good morning. Donald Trump’s statement that oil companies have made “too much money” from the Iran war has angered environmentalists , who say his policies were designed to benefit those very corporations. American…

World
Guardian

Trump faces calls for windfall tax on big oil’s profits from Iran war

US president’s complaint industry ‘making too much money’ comes after his policies boosted corporations Donald Trump’s statement that oil companies have made “too much money” from the Iran war has angered environmentalists, who say that his policies were designed to benefit those very corporations. If he really believes his own claims, he should impose a windfall profits tax, advocates say. “Trump’s declaration that…

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