Jack Mintz: We’ve got windfall taxes already. Main Street pays them
Published on: Thursday 28 July 2022
With inflation sky-high, governments are feeling the heat from voters looking for relief. Governments already have relief, with torrents of new taxes flowing in because of inflation. Even so, politicians are proposing new “windfall profit” taxes to finance various handouts to household and businesses. In March even the OECD secretary-general proposed that windfall taxes on European utilities would cushion the impact of higher energy prices. Lo...