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Home»Posts tagged with»profit

Blueprint Offers Biden Path to Ending For-Profit Corporate Prisons

By Julia Conley | Common Dreams on Feb 8, 2023   Featured, National, National/World  

Blueprint Offers Biden Path to Ending For-Profit Corporate Prisons

  “Over the last 40 years, the carceral system has grown into a vast network of corporations that use public-private partnerships to profit from the incarceration of our grandparents, parents, siblings, children, and other loved ones,” said one campaigner. Campaigners from two national justice advocacy groups on Monday released recommendations for the Biden administration to […]

‘Corporate Greed Is Destroying This Economy’: Sanders Pushes for Windfall Profits Tax

By Jake Johnson | Common Dreams on Jun 25, 2022   Featured, National, National/World, Politics  

‘Corporate Greed Is Destroying This Economy’: Sanders Pushes for Windfall Profits Tax

“Gas is over $5 a gallon. Why? Well, oil companies made $93 billion in profits in the first quarter and are spending $88 billion on stock buybacks.” Sen. Bernie Sanders on Thursday slammed oil companies for raking in huge profits on the backs of U.S. consumers and reiterated his case for a windfall tax, a demand […]

With US Consumers ‘Getting Fleeced,’ Democrats Demand Windfall Profits Tax on Big Oil

By Jake Johnson | Common Dreams on Jun 16, 2022   Featured, National, National/World, Politics  

With US Consumers ‘Getting Fleeced,’ Democrats Demand Windfall Profits Tax on Big Oil

“It is common sense” to use such a tax to provide rebates to consumers, argued Rep. Ro Khanna. “You have these oil companies making record profits at a time of a national emergency.” Progressive members of Congress on Wednesday ramped up calls for a windfall profits tax on oil giants after President Joe Biden pleaded directly […]

Since 9/11, US Has Spent $21 Trillion on Militarism at Home and Abroad

By Jake Johnson | Common Dreams on Sep 1, 2021   Featured, National, National/World  

Since 9/11, US Has Spent $21 Trillion on Militarism at Home and Abroad

“Our $21 trillion investment in militarism has cost far more than dollars.” In the 20 years since the September 11 attacks, the United States government has spent more than $21 trillion at home and overseas on militaristic policies that led to the creation of a vast surveillance apparatus, worsened mass incarceration, intensified the war on immigrant […]

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