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Price-Gouging Oil Companies Need to Pay a Windfall Tax

Price-Gouging Oil Companies Need to Pay a Windfall Tax

A Chevron gas station on Tuesday, March 8, in Tustin, Calif. The average price of a gallon of self-serve regular gasoline in Los Angeles County rose 8.9 cents Tuesday, its 30th record in 32 days. (Gary Coronado/Los Angeles Times) Subscribe to the nation Subscribe now for as little as $2 a month! Thank you for … Read more

The Dirty Secret of Inflation: Corporations Are Jacking Up Prices and Profits

The Dirty Secret of Inflation: Corporations Are Jacking Up Prices and Profits

An Amazon Prime truck pulls away after a delivery in Washington, DC, on February 17. (Photo by Nicholas Kamm / AFP via Getty Images) President Biden and his fellow Democrats need to learn to talk about inflation if they hope to maintain congressional majorities in this year’s midterm elections. They can’t deny that costs for … Read more