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Bob Casey Jr.: “We should tax that excess profits and return every penny of…”

Featuring: Bob Casey Jr., Democratic | Former U.S. Senate, Pennsylvania

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Sen. Bob Casey extended interview

Published | Video Starts at 06:17

No, that's another form of reflation. These big oil companies achieving record profits well beyond excess profits as, as we would term them. And if they're achieving record profits, these big oil companies, We should tax that excess profits and return every penny of that to families that are paying for gasoline every week. So look, it's a fight that we're going to just stay in and keep fighting on. You mentioned housing. There are a number of things we have to do there. (06:17–06:27)

CLAIM

Advocates for taxing excess oil company profits and redistributing to consumers.

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