OIL COMPANY WINDFALL PROFITS TAX
April 23, 1979 - USA
Major oil companies have been reporting sharp profit increases in profits, the profits have been made due to the large increases in supply prices and the President Carter is thinking of implementing a windfall profits tax on oil companies excessive profits. In 1980 The United States government did levy the tax on oil companies because of the profits they earned as a result of the sharp increase in oil prices brought about by the Arab oil embargo ( ring any bells ).
ARIZONA HAS A NEW IMMIGRATION LAW
April 23, 2010 - USA, Arizona
Arizona's governor, Jan Brewer, has signed an immigration bill into law that is seen as one of the toughest in the U.S., despite criticism of it by President Obama. The bill will require State Police to question people about their immigration status if there is 'reasonable suspicion.'Its aim is to identify, prosecute and deport illegal immigrants, although it has already unleashed protests and reignited the divisive battle over immigration reform.