Friday, August 14, 2026

Tag: windfall tax

War-fueled oil profits deepen what critics call an obscene transfer of...

As TotalEnergies and BP post surging profits tied to oil price shocks from the U.S.-Israeli war on Iran, critics warn that fossil fuel giants are once again converting geopolitical crisis into shareholder windfalls while households absorb the economic pain.

Trump’s Iran war drives more than $100 billion to fossil fuel...

Analysis finds oil and gas price spikes linked to the conflict have shifted massive wealth from households and businesses to major energy companies while lawmakers propose taxing windfall profits.

Big Oil profits surge as Democrats push windfall tax tied to...

Lawmakers and advocacy groups propose taxing fossil fuel windfalls as war-driven price spikes hit American households and deepen inequality.

Flush with record profits, Exxon sues to block EU windfall tax

Exxon has also been rewarding its top executives, boosting the annual salary of CEO Darren Woods from $1.70 million to $1.88 million for the coming year.

Sanders introduces legislation to impose a 95 percent windfall tax on...

"The time has come for Congress to work for working families and demand that large, profitable corporations make a little bit less money and pay their fair share of taxes.”

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The west front of the U.S. Capitol. The Protected Time Off Act, pending in Congress, would guarantee full-time workers two weeks of paid annual leave. Photo: Architect of the Capitol (public domain, via Wikimedia Commons)

US workers average 10 paid vacation days a year, and 33 million get none

Twenty-five OECD countries require employers to provide at least 20 days. The US legal minimum is zero, and 57 percent of the lowest-paid tenth of workers get no vacation at all.

Chris Hedges and Albert Raboteau on ‘American Prophets’ importance in an age of radical...

Watch the two thinkers talk about Raboteau’s book, which discusses the work of religious figures such as Dorothy Day, Thomas Merton and Martin Luther King, Jr.
Howard Zinn speaking in 2009. Photo: Jim from Stevens Point, WI, USA / CC BY-SA 2.0, via Wikimedia Commons

“The People’s Historian”: Dave Zirin’s New Book Explores “Remarkable” Life of Howard Zinn

We speak to Dave Zirin, author and sports editor at The Nation , about his new book, The People’s Historian: The Outsized Life of Howard Zinn , chronicling the life and activism of the legendary historian Howard Zinn, author of A People’s History of the United States .

Cats are fueling a global eco-crisis, pushing birds and other species to extinction

Free-roaming cats are an invasive species and one of the most significant sources of human-caused bird mortality.
The E. Barrett Prettyman United States Courthouse in Washington, home of the U.S. District Court for the District of Columbia, where Judge Amit Mehta issued the order. Photo: AgnosticPreachersKid (public domain, via Wikimedia Commons)

Judge dismisses the last January 6 case, writing that absolving the Oath Keepers is...

The Justice Department told the court a retrial would harass eight men whose sentences Trump had already commuted. Two Oath Keepers who pleaded guilty and cooperated keep their convictions.