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Tag: "reasonable"

Democrats Introduce Reasonable Profits Board Bill To Regulate Oil Company Profits

 In a direct attack on free enterprise, Democrats have introduced The Gas Price Spike Act, (H.R. 3784), that proposes to establish a “Reasonable Profits Board” to regulate oil company profits. In the “definitions” section (page 2), we get (among other things): (2) WINDFALL PROFIT – The term ‘windfall profit’ means, with respect to any sale, […]