To risk it all on a dream, see it succeed and then reap the “rational profits”!
Witness a proposal by U.S. Rep. Paul Kanjorski, D-Pa., who’s represented the 11th Congressional District over in Northeastern Pennsylvania since what seems like the 18th century but actually since 1985.
Talk about beating a dead gasoline pump: Mad as hell at Big Oil and urging the public to “shout out, dammit, we’ve had enough,” he’s back with the latest incarnation of his Consumer Reasonable Energy Price Protection Act.
Not only does Paulie the K want a “windfall profits tax” on oil and gasoline, he proposes the establishment of a “Reasonable Profits Board” to determine when those earnings exceed a “rational” threshold.