We Need To Tax the Corporations Cashing In On the Iran War

Source: In These Times
by Meghan Schneider & Cass DiPaola

“Our dependence on fossil fuels does more than pollute our air. It destabilizes the world and empowers the ultra-wealthy to profit off of that volatility, leaving working families to pay the price. This dynamic has been on full display since President Trump’s attack on Iran. Trump’s invasion of one of the world’s most oil-rich regions jolted energy markets, sending gas prices soaring to the highest level in either of his terms. In 2024 he campaigned on cutting them in half. Instead, Americans are now on track to pay roughly $720 more for gasoline this year. The full cost to working families will be much steeper as high gas prices drive up prices on consumer goods across the board.” [editor’s note: And additional taxes will drive those prices even higher, geniuses – TLK] (04/14/26)

https://inthesetimes.com/article/corporations-iran-war-trump-hormuz