http://www.kenniffonline.com/windfall-tax-profits/
How to invest in oil companies with a windfall profits tax on oil production and a drop ….?
lower price at the pump?
would be no gas prices is not likely to increase as oil companies tax factor prices. Less likely great benefit means less incentive to invest in exploration, drilling, refineries and development, which will lead to supply problems and greater dependence on foreign oil. Companies should not be punished because they are successful. Oil reserves are owned by many Americans in 401 (k) 's investment portfolios and other critics, is likely to sink in value. The tax would increase inflation, leading to higher prices on items not linked to oil. Corporate profits of companies not related to oil tax to hit, so the decline in corporate tax revenues to repay the money generated by oil taxes.
Loudon House Party: Windfall Profits Tax