I proposed a windfall profits tax.
Editor's note · Context
Windfall Profits Tax and Energy Security Trust Fund Message to the Congress
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We must seek means to reduce inflation at a lower cost in lost output and employment.
The amendment would resolve these difficulties and facilitate greater safety by allowing a State of registry and a State of the operator to agree to transfer these responsibilities to the State of the operator.
Any branch or office of a United States bank or subsidiary thereof, which branch or office is located outside the territory of the United States is licensed, authorized, directed, and compelled to transfer such funds, securities, and…
I therefore recommend that the Senate give early and favorable consideration to the Protocol of Amendment, and advice and consent to its ratification.





