We also have in the new affordability agenda a windfall profits tax that would tax the enormous increase in profit these oil companies are getting from the higher gas prices and sending a rebate check to every single American family. Hundreds of dollars could go right back to you if we were willing to take on these oil companies that are profiting from the war. But that's why we have ideas like this one that would reduce your grocery prices. We have ideas like the windfall profits tax that will reduce your prices at the pump. (13:05–13:12)
CLAIM
Asserts that rebate checks could return hundreds of dollars to families if oil company profits are taxed.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
