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Dems Propose Official End To Free Market Capitalism

At least on one industry.

The H.R. 3784, would apply a on the sale of that ranges from 50 percent to 100 percent on all surplus earnings exceeding “a reasonable profit.”

The oil and gas industry ranks 9th among most profitable industries with a 10.2% profit margin.  In other words, they make a profit of 10 cents for every dollar.  Far less than some industries that predominantly donate to Democrats.

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