Congress to Pass Windfall Profits Tax on Big Orange

Examiner Blog Boarder Mary Katharine Ham has the exclusive on plans in Congress to pass an emergency bill levying a new windfall profits tax on the California orange industry. With the recent cold weather in Southern California wiping out up to three-fourths of this year’s orange crop, experts are predicting steep price increases and thus surging profits for the corporate farms that make up Big Orange. I have no doubt Democrats in Congress will put the squeeze on to get all the juice they can out of this story! 🙂