#windfallprofittax — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #windfallprofittax, aggregated by home.social.
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@ThomHartmann @economics-that-works
#USpol #TaxTheRich
(1/2)The #US are a #plutocracy and have been mutating into an #oligarchy once more:
https://mastodon.social/@HistoPol/110312839400829130
https://mastodon.social/@HistoPol/110856116616631495
Solution, while we still can and have no #fascism:
A steep #WealthTax to #AbolishBillionaires:
https://mastodon.social/@HistoPol/110718872359733690
...as well as a #WindfallProfitTax an steep #InheritanceTaxes for billionaires and some millionaires.
...and then there must be #UBI and #UBS.
And:
👉It is a global problem...👈 -
Grand concept for financing a #GlobalUBI through a #WindfallProfitTax
Too bad that Senator #SheldonWhitehouse doesn't seem to be in the #Fediverse so far.
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(1/3)
Senator #Whitehouse of #RI is brilliant.
(Too bad that his proposal for a #WindfallProfitTax--in particular for #BigOil--did not become law.)https://youtu.be/48kqvyqkALM
I have written a short 🧵 on #BigOilKnew, but seeing and hearing it is even more damning. -
@w7voa
#BlameCanada is just a #SmokeScreen editorial by #BigOil, who are to blame and charge:
The heirs of #Judas do not sell themselves as cheaply.
House Oversight Committee hearing on Oct. 28, 2021:
#BigOilKnew
#ExxonKnew
#ShellKnew
#Totalnew
#BPKnew
#ChevronKnew
#FordKnew
#GMknew
#BigOil.#PolluterPaysPrinciple and #WindfallProfitTax ->
#NationalizeBigOil to pay for the #ecocide + the #ClimateCrisis
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@w7voa
#BlameCanada is just a #SmokeScreen editorial by #BigOil, who are 2 blame and charge:
The heirs of #Judas do not sell themselves as cheaply.
House Oversight Committee hearing on Oct. 28, 2021:
#BigOilKnew
#ExxonKnew
#ShellKnew
#Totalnew
#BPKnew
#ChevronKnew
#FordKnew
#GMknew
#BigOil#PolluterPaysPrinciple and #WindfallProfitTax ->
#NationalizeBigOil to pay for the #ecocide + the #ClimateCrisis
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No, #BlameCanada is just a #SmokeScreen editorial by #BigOil, who are to blame and charge:
The heirs of #Judas do not sell themselves as cheaply.
House Oversight Committee hearing on Oct. 28, 2021:
#BigOilKnew
#ExxonKnew
#ShellKnew
#Totalnew
#BPKnew
#ChevronKnew
#FordKnew
#GMknew
#BigOil.#PolluterPaysPrinciple and #WindfallProfitTax ->
#NationalizeBigOil to pay for the #ecocide + the #ClimateCrisis
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CW: #USpol #TaxTheRich
"#Biden throws down 2024 gauntlet w/ populist #budget...
protecting free health care for the #elderly, while taxing wealthy Americans to help...cut the ballooning federal #deficit by $3 tr. over the next decade...raising #taxes on the wealthy + corporations..."wealthy = earning more than $400k p.a.
While laudable, #IncomeTax won’t solve the growing devide: #InheritanceTax,
#WealthTax,
#WindfallProfitTax are required. -
HistoPol
@HistoPol#TwitterBanned (@neferimhotep) in #TwitterPurge
Passions:
#Politics, #Geopolitics + #ForeignPolicy
#History incl. #Archeology
#Science incl. #Astronomy #ClimateChange #VirusResearch + #Covid19
Sound analysis.
Opinions=own.
NEW FOLLOWERS:
I MOSTLY FB...IF YOU HAVE PERTINENT BIO + TOOTS.Boosts/❤ ≠endorse.
😷💉Be tolerant.
AVATAR: historic compass, symbolizing new discoveries, history + time.
#follow #boost #altext #art #MastoArt #gimp #photo #DigitalArt #alttext
https://ko-fi.com/upstartcrow#pageMessageModalPICTURE: seat distribution in parliament/Congress.
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The heirs of #Judas do not sell themselves as cheaply.
House Oversight Committee hearing on Oct. 28, 2021:
#BigOilKnew
#ExxonKnew
#ShellKnew
#Totalnew
#BPKnew
#ChevronKnew
#FordKnew
#GMknew
#BigOil. -
"Revealed: Closing windfall tax loophole could cut energy bills by £336 a year
Exclusive: Scrapping tax relief from government levy would raise £22bn [in the #GreatBritain], new analysis shows"
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@badtux @JessTheUnstill @doppelgrau
(3/n)
...
A #WindfallProfitTax / #ExcessProfitTax / #WindfallTax has been introduced in several countries, including #Britain.Cheap #PublicTransport would have a asymmetrically benefitial impact on low-income households. They would lower inner-city rents, as much more workers would be able to live in more distant suburbs (like in #SanFrancisco and #NYC).
The wealth of big home real-estate owners would be adversely affected, as prices would drop there... -
@badtux @JessTheUnstill @doppelgrau
(2/n)
...the #food and #energy sectors).As trickle-down clearly could never work, it is high time to finally level the playing field for the people.
A #WealthTax, a steep #CarbonTax, in particular for private trips to space, and an #ExcessProfitsTax / #WindfallProfitTax / #WindfallTax of at least 50% would go a long way to pay for a state-of-the-art #PublicTransport and #HealthSystem...
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Canadian Prime Minister Trudeau rejected a #WindfallProfitTax as “too simplistic”.
But somehow jacking up #InterestRates is not?
This is pure corporate talking point.
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Close tax loopholes for Big Oil companies
#congress #oilcompanies #WindfallProfitTax
https://jalopnik.com/bill-would-close-tax-loopholes-for-oil-companies-after-1849874600
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Childcare package is good from Labour, but it’s not the game changer required.
Tax-free threshold up to $15k is.
So is changing top tax brackets + introducing a Windfall Profit Tax profit on energy co’s/banks/supermarkets etc. Both measures would help fund a tax-free threshold.
Use the 2020 mandate and unprecedented majority for truly bold action, or lose in 2023.
