reply to post by buddhasystem
Windfall profit taxes don't work; the companies just pass off the extra money they lose in taxes as price hikes to consumers.
Plus, if you are going to impose windfall profit taxes on an industry with a 7-9% profit margin, you are going to have to do the same with the
industries with 20-40% profit margins as well.
Finally....McCain told Obama he is not Bush!!!! It's about time.