How loathsome can the greedheads get?

Exceedingly loathsome indeed. And it needs to be made right.

“The COVID-19 pandemic has exposed deep inequalities and massive failures in our economic system, leaving tens of millions of people in the United States without jobs, devastating public services, and bankrupting countless small businesses,” Irit Tamir, director of the private sector department at Oxfam America, said. “Yet at the same time, thanks to a combination of government assistance and pure luck, a handful of corporations are raking it in and making already rich shareholders even richer.”

“...Profit is not a four-letter word, but when such dramatic and excessive profits are made during a time of global crisis and distributed to the wealthiest, the situation is not just fundamentally unjust, it is also economically inefficient,” Niko Lusiani, senior advisor on corporate advocacy at Oxfam America, and lead author of the analysis, said. “Corporations like Microsoft, Johnson & Johnson, Facebook, Pfizer, and Visa, flush with billions in pandemic profits and disproportionately benefiting from taxpayer-funded economic relief, now have the opportunity to gobble up smaller companies and deepen their market power at the expense of true competition. Taxing these windfall profits is a fair, time-tested way to rebuild better.” - Nation of Change