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DewDiligence

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DewDiligence

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Re: santafe2 post# 27195

Monday, 02/06/2023 5:58:07 PM

Monday, February 06, 2023 5:58:07 PM

Post# of 29293
Re: Those “wealthy” CVX shareholders

If this was a serious comment it would have come from Jean-Pierre or Biden himself.

Would you consider Senate Finance Committee Chair, Ron Wyden a serious spokesman?

https://www.wsj.com/articles/biden-to-urge-quadrupling-new-1-tax-on-stock-buybacks-11675723035

Senate Finance Committee Chairman Ron Wyden (D., Ore.) said last month that oil companies’ buyback tax should be 25% [rather than the existing 1% buyback tax on large US companies and the 4% tax proposed by Biden —Dew].

“It’s important to put a check on the price gouging and the windfall for wealthy shareholders,” Mr. Wyden said after Chevron’s announcement.

Emphasis added.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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