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Why The Windfall Oil Tax Will Backfire

Original Content
55
By Chris Martenson
November 22, 2022

Why The Windfall Oil Tax Will Backfire

Original Content
By Chris Martenson on
November 22, 2022
55

Those greedy oil companies! Time to tax them good and hard!

The only problem with this view is it is so short-sighted and unsophisticated it will actually produce the exact opposite of what it (supposedly) intends. So, get ready for a future of lower oil supplies and higher prices along with related economic harms that will land most on the poor.

In this video report, you’ll learn about what a windfall actually means, why the windfall tax will backfire, and why I consider people who sling about the term “conspiracy theorist” are themselves actually “non-persuasion capable.” In other words, they are NPCs.

If you want to see the “Members Only” continuation of this episode, but weren’t sure about the cost – good news! I’ve decided to grant an all-access pass for the lowest price ever – just $1 for the first month – so you can find out if the full richness of this site and its vibrant community is a good fit for you. This offer expires at midnight Monday (11/28/22 – Cyber Monday).

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