Share this story
Close X
Switch to Desktop Site

US to ask court to nullify ruling against oil profit tax

The Justice Department announced it will ask the Supreme Court to set aside a ruling declaring the windfall oil profits tax unconstitutional.

The government's decision to appeal had been expected after US District Judge Ewing Kerr's ruling Nov. 4 that the tax, imposed under the Carter administration , is invalid because it exempts Alaskan oil and thus is not applied uniformly to all states.

About these ads

Follow Stories Like This
Get the Monitor stories you care about delivered to your inbox.