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Biden Threatens Windfall Tax, Accuses Big Oil of "War Profiteering"

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When:
May 15, 2026 ยท 12:01 PM
Where:
TaxBuzz: Find Trusted Tax Pros & Get Ai, NC
Source:
TaxBuzz: Find Trusted Tax Pros & Get Ai

President Biden has accused oil companies of "war profiteering" as their profits rise, threatening to hit the industry with a windfall tax.

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