This country was built by men who used American ingenuity and know-how to meet the shortages and the needs of the people through the profit motive. It would be unwise to set a precedent of government control of profits when conditions of shortage arise. We believe this would not be in the best interests of the public and a free economy.
Walker Winter, of the U.S. Chamber of Commerce, issues their “Statement on Pending Proposals on Windfall Profits” before the House Committee on Ways and Means. This quote refers to the “windfall profits tax” suggested as a way to address the OPEC energy c
Tuesday, February 5, 1974
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