President Biden Wants To Tax Oil Companies - Good or Bad Idea?

Contributing sentiments towards policy:

51% : President Biden wants to bring gas oil prices down by threatening to tax oil companies, which have been benefiting from the spike in oil and gas prices in the first place.
47% : Moreover, she thinks there's are more effective ways to address the problem of higher energy prices, like eliminating or lowering taxes on the gas itself, and better yet, returning to common sense energy policies, such as reopening the U.S gas pipeline project.
42% :Young thinks windfall profit taxes are simple income transfer mechanisms, punishing oil companies for drawing political attention.
29% :"Biden's tax on oil companies comes not from a sound and thoughtful policy in response to the rising gas prices and inflation, but out of pre-election desperation to shift blame," she told IBT.

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