Oil Windfall Tax Proposals Pick Up Steam

摘要

As oil industry proOts pile up, so are the political calls for those proOts to be taxed. The top Democrat on the US Senate Finance Committee, Oregon's Ron Wyden, has a new proposal that would target oil company proOts and levy an excise tax on stock buybacks. Wyden’s proposal would charge a 21 tax on proOts above a 10 return on expenses. Those taxes would be added to any income taxes that are already owed by the company, according to a statement by Wyden’s ofOce.