Biden Warns Oil Firms He'll Seek to Tax 'Windfall' Profits

Biden Warns Oil Firms He'll Seek to Tax 'Windfall' Profits

Assessment

Interactive Video

Business

University

Hard

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The video discusses the windfall profits companies are gaining from the Ukraine conflict and emphasizes their responsibility to act beyond self-interest. It calls for increased investment in American production and refining capacity to lower consumer prices. Companies are warned of higher taxes and restrictions if they fail to act. The video concludes with a call for companies to stop profiteering and support the American people.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways can companies meet their responsibilities to the American people?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What criteria will the American people use to judge companies during this time?

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