Birdwatch Note Rating
2022-10-07 15:47:16 UTC - NOT_HELPFUL
Rated by Participant: 271BAF3D8F1B2880B45EEA98C5DB05E0FD2975FBC4825C07B16FB3DD1CCE56A2
Participant Details
Original Note:
Whether other users believe the high prices are justified or not is beside the point: it's true that these high prices have resulted in record profits, and it's not unheard of to tax businesses that profit from unusually high prices. It's called an excess profits tax. https://www.theguardian.com/business/2022/jul/29/oil-gas-company-profits-fuel-prices-shell-exxon-chevron https://www.washingtonpost.com/world/2022/08/08/oil-companies-profits-inflation/ https://www.taxpolicycenter.org/taxvox/petroleum-profit-tax-would-be-efficient-and-progressive
All Note Details