America is supposed to be the land of opportunity, where working hard gets you ahead, but in 2022, price gouging and corporate greed are leaving workers behind and hurting the small local businesses that are the cornerstones of our communities. We’re seeing numbers at the gasoline pumps we’ve never seen before and it’s driving price increases on food, clothing and everything you and your family use.
Corporate greed is driving these price increases, and the money is flowing out of the pockets of working people and into stockholder dividends, company stock buybacks, and to inflate the salaries and benefits of corporate officers who get to boost their compensation by taking credit for 300% profit increases.
This is unacceptable while Pennsylvanians struggle with high prices at the pump, in the grocery store, and everywhere in between.
I respectfully ask that you immediately support the following bills to help protect working families of every size.
The Stop Gas Gouging Act would have PA join five other states to ban oil companies or gas retail operations from raising prices more than once in a 24-hour period or during an emergency and give the Attorney General more tools to investigate and prosecute.
The Stop Price Fixing Act would come down hard on the businesses that collude to artificially send prices skyrocketing to take advantage of emergencies– or just to pad their own pockets. This bill would give the Attorney General the tools needed to get the facts, get the bad guys into a courtroom, and get them convicted.
Lastly, the Open Markets Act addresses the long-term issues with our economy and would stand up for the small local businesses that truly create the jobs and put their communities first. This would end behavior that hurts fair business competition and would give the Attorney General more power to investigate and prosecute any anti-trust violations.
Let’s get to work and put People First and create a fair economy.
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