‘Stop the price-gouging’: Biden hits corporations over high consumer costs

return2ozma@lemmy.world to News@lemmy.world – 850 points –
‘Stop the price-gouging’: Biden hits corporations over high consumer costs
cnbc.com
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that was basically it. short of siccing the irs on them there's not a lot the executive branch can do about it... of course that'd kill the golden goose named "campaign contributions", so it wont happen

siccing the IRS on them

Nothing the IRS can do, either.

Windfall taxes is a thing they can use. If companies raise their prices too fast the excess profit gets taxed at a higher rate.

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