Short Video: California Governor calls for windfall tax on oil companies amid high gas prices

California Governor calls for windfall tax on oil companies amid high gas prices

California Governor Gavin Newsom calls for a windfall profits tax on oil companies.. Windfall taxes are a tax on companies that produce excess profits from petroleum sales and redistributes capital to

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California Governor Gavin Newsom calls for a windfall profits tax on oil companies.. Windfall taxes are a tax on companies that produce excess profits from petroleum sales and redistributes capital to residents. California gas prices rose in the last month by 80 cents.

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Written by Jan of Oz

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