U.S. Sen. Bernie Sanders: Photo by Getty ImagesAs we suffer with rising gas prices and no relief insight, Hillary Clinton's presidential campaign is running ads in Indiana proposing suspension of the gas tax, a proposal Republican John McCain floated a week earlier. Yet, Clinton has a way to pay for it.
"The Windfall Profits Tax," often pushed by Vermont's very own Independent Sen. Bernie Sanders, is Clinton's remedy to make up the revenue short-fall from the federal government giving us some relief. And with ExxonMobil this week releasing record profits -- again -- this proposal may pick up steam in the Rust Belt.
While economists consistently highlight that this new tax will make our problems worse by drive more crude to the developing markets of China and India, Democratic primary voters will surely rejoice "in sticking it to the man." And right now, there's no bigger "man" than Big Oil.
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