Politics & Government

May 18, 2008 3:55 PM

A tax on Big Oil's windfall profits sounds good, but is it?

Hitting oil companies with a windfall profits tax seems like a perfect campaign pitch, since it would effectively return part of the industry's record profits to strapped consumers. But a lot of Republicans, as well as most economists, have serious questions about whether the tax makes sense. The debate is likely to rage through the fall.

Related content

Comments

Videos

Politics & Government Videos