US President Joe Biden accused huge oil firms of profiteering in the course of the current oil disaster, and urged an enormous tax hike on company inventory buybacks to steer them to take a position extra in manufacturing.
“Final yr, they made $200 billion within the midst of a world power disaster. I believe it is outrageous,” Biden stated.
Biden additionally blasted huge pharmaceutical firms for “unfairly” charging excessive costs, saying People “pay extra for prescribed drugs than any main nation on Earth.”