AS PUBLISHED IN THE MIAMI HERALD NOV 2, 2022
GREED INFLATION?
How do we know if we are seeing normal inflation or some opportunistic price raises, known as price gouging?
What is we look at a company's average profit margin from 2014 to 2019, maybe adjusted for a trend. Then compare it to the average profit margin for 2020 to 2022, Any profit over what would be expected normally could be considered excess and should be paid to the U.S. Treasury, maybe over the next three years.
We could call it the GAP Tax, Gouging Adjustment Penalty.
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