The Observer: Update and public comments on windfall profit tax proposal ...Middle East

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In last week’s column on oil companies gouging Californians on gas prices, I wrote that I supported Consumer Watchdog’s demand for Gov. Gav Newsom to call for a special legislation session to get the new law passed. On Friday, Oct 7, Newsom said he will call state lawmakers back to Sacramento for a special session in response to escalating gas prices. The session will take place on Dec. 5. “It’s time to get serious, I’m sick of this,” Newsom said last Friday. “This is one of the greatest fleecings for consumers in world history.” The governor has requested the Legislature approve a measure that would require oil companies to pay back excessive profits to consumers through a new tax. The Legi

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Last updated : 16 October 2022 clock 04:48 PM

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The Observer: Update and public comments on windfall profit tax proposal ...Middle East

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