Political Quotes

Richard Nixon: As prices return to the long-run supply level and as the potential for windfall profits disappears, a continuation of…

On the recordDecember 18, 1973
As prices return to the long-run supply level and as the potential for windfall profits disappears, a continuation of the tax would result in higher prices for consumers, with no concomitant increase in oil supplies.
Said by
Richard Nixon
Republican · California

Editor's note · Context

Statement Proposing Enactment of an Emergency Windfall Profits Tax.

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