Inflation soaring because (1) supply bottlenecks still pushing costs up, (2) oil prices surging due to Putin's war, and (3) hugely-profitable corporations (including energy) are passing higher costs on to customers rather than eating them.
Time for a windfall profits tax!
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Repeal the inflationary 2017 TCJA. Add new tax brackets on income over $5M, over $50M, over $500M, and over $5B a year. Now that corporations are people, they must pay tax on net income at the same rates as carbon-based people or lose their freedoms of speech & religion.
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Corps are not just passing on higher costs.
They have increased prices to gain more and more profits...
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You also forgot to mention the $5.2 Trillion stimulus money that the gov spent, as a factor in the inflation!
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Do you believe making sure the Govt gets its cut has a proven track record of righring wrongs and restoring the damage done?
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We couldn't get the GOP to entertain the idea to a .2 tax on any amount of money profited over a certain dollar amount. You think we could get a windfall tax passed? Ifuckingwish.
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