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• 09:43, 7 August 2026 WikiSysopIG talk contribs created page Crude Oil Windfall Profit Tax Act of 1980 (Created page with "'''Crude Oil Windfall Profit Tax Act of 1980''' was a federal law enacted by the United States in 1980 that imposed an excise tax on the additional revenues earned from the sale of domestically produced crude oil following the phased deregulation of petroleum prices. Despite its name, the legislation did not impose a tax directly on corporate profits; instead, it taxed the difference between the market price of crude oil and a legislatively defined base price, subjec...")