Tulsi proposes redirecting profits from big tech benefiting from pandemic to support small businesses

Friday, Tulsi Gabbard tweeted “Big tech & big box retailers are seeing windfall profits & will emerge from this crisis stronger than ever at the expense of small businesses who are bearing the brunt of gov restrictions. I introduced HRes 1267 that will tax 95% of excess profits to support small businesses…

… modeled after the excess profits tax put in place during WWI and WWII to prevent war-time profiteering and support those who were struggling. Here’s the text of the bill: