Dems push bill to tax 'excess' profits

Unreasonable: House members introduce bill to tax oil companies on profits deemed in excess of "reasonable" amounts

AFP

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Luke Johnson

 20 January 2012 22:28 GMT

A group of six Democrats in the US House of Representatives have introduced a bill that aims to levy a windfall tax of up to 100% on "excess" profits earned by oil companies from oil and natural gas products.

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