Progressives Demand That Big Oil ‘Pay’ With Windfall Profits Tax

Progressive lawmaker Jamaal Bowman said he is pushing for a new tax on oil and gas profits so that large energy companies experience the same sting consumers are facing at the gas pump.

“We need to try at least to start making big oil pay, and we need to provide relief to Americans who are suffering,” Bowman, a New York Democrat, said on a call with reporters Wednesday.

Jamaal Bowman

Photographer: Drew Angerer/Getty Images

Bowman, along with Rhode Island Senator Sheldon Whitehouseand Representative Ro Khanna of California, are pushing for their fellow Democrats to pursue an additional levy on the profits earned by oil ...