#windfalltax — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #windfalltax, aggregated by home.social.
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#Trump says he supports a suspension of the #gasTax.
Even with the suspension of the gas #tax, highway robbery by #oil companies will continue.
Oil companies still make more money than before Trump started the #Iran war as global oil prices remain high.
With the abatement of the gas tax, the government no longer makes the money it used to make, even though oil companies keep getting fatter.
The answer is to impose a #windfallTax on oil and use that to subsidize gas.
https://abcnews.com/Business/trump-supports-suspension-gas-tax-wallet/story?id=132842458
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#Trump says he supports a suspension of the #gasTax.
Even with the suspension of the gas #tax, highway robbery by #oil companies will continue.
Oil companies still make more money than before Trump started the #Iran war as global oil prices remain high.
With the abatement of the gas tax, the government no longer makes the money it used to make, even though oil companies keep getting fatter.
The answer is to impose a #windfallTax on oil and use that to subsidize gas.
https://abcnews.com/Business/trump-supports-suspension-gas-tax-wallet/story?id=132842458
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#Trump says he supports a suspension of the #gasTax.
Even with the suspension of the gas #tax, highway robbery by #oil companies will continue.
Oil companies still make more money than before Trump started the #Iran war as global oil prices remain high.
With the abatement of the gas tax, the government no longer makes the money it used to make, even though oil companies keep getting fatter.
The answer is to impose a #windfallTax on oil and use that to subsidize gas.
https://abcnews.com/Business/trump-supports-suspension-gas-tax-wallet/story?id=132842458
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Soaring energy profits reignite calls for a windfall tax across Europe.
European oil and gas companies that posted huge profits in the first quarter on soaring prices caused by the war in the Middle East face new calls from London to Paris to tax their outsized gains.
#Energy #WindfallTax #OilIndustry #OilPrices #FuelPrices #Tax #Politics
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No plans for EU-wide windfall tax, commission says
The European Commission has rejected calls by German Vice Chancellor Lars Klingbeil and other ministers across the bloc…
#Europe #EU #EuropeanCommission #DanJørgensen #EuropeanCommissioner #EuropeanParliament #LarsKlingbeil #Windfalltax
https://www.europesays.com/europe/21517/ -
Gina Rinehart suddenly deciding taxes are terrible when they touch gas profits is peak billionaire logic. If windfall taxes are “unfair,” maybe the real issue is letting multinational fossil fuel giants pocket our natural wealth while everyone else cops the costs. Tax the windfall, fund public services, and stop pretending “energy security” means corporate security.
The AFR can bang the drum against a gas windfall tax all it likes, but it’s worth remembering its parent company has big shareholders who may benefit from mining and resource profits. That doesn’t prove the argument is wrong, but it does make the billionaire panic look a lot less convincing.
#GasTax #WindfallTax #BigBillionaires #FossilFuels #PublicServices #Australia #EnergyPolitics #TaxJustice #Auspol
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Gina Rinehart suddenly deciding taxes are terrible when they touch gas profits is peak billionaire logic. If windfall taxes are “unfair,” maybe the real issue is letting multinational fossil fuel giants pocket our natural wealth while everyone else cops the costs. Tax the windfall, fund public services, and stop pretending “energy security” means corporate security.
The AFR can bang the drum against a gas windfall tax all it likes, but it’s worth remembering its parent company has big shareholders who may benefit from mining and resource profits. That doesn’t prove the argument is wrong, but it does make the billionaire panic look a lot less convincing.
#GasTax #WindfallTax #BigBillionaires #FossilFuels #PublicServices #Australia #EnergyPolitics #TaxJustice #Auspol
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Gina Rinehart suddenly deciding taxes are terrible when they touch gas profits is peak billionaire logic. If windfall taxes are “unfair,” maybe the real issue is letting multinational fossil fuel giants pocket our natural wealth while everyone else cops the costs. Tax the windfall, fund public services, and stop pretending “energy security” means corporate security.
The AFR can bang the drum against a gas windfall tax all it likes, but it’s worth remembering its parent company has big shareholders who may benefit from mining and resource profits. That doesn’t prove the argument is wrong, but it does make the billionaire panic look a lot less convincing.
#GasTax #WindfallTax #BigBillionaires #FossilFuels #PublicServices #Australia #EnergyPolitics #TaxJustice #Auspol
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Gina Rinehart suddenly deciding taxes are terrible when they touch gas profits is peak billionaire logic. If windfall taxes are “unfair,” maybe the real issue is letting multinational fossil fuel giants pocket our natural wealth while everyone else cops the costs. Tax the windfall, fund public services, and stop pretending “energy security” means corporate security.
The AFR can bang the drum against a gas windfall tax all it likes, but it’s worth remembering its parent company has big shareholders who may benefit from mining and resource profits. That doesn’t prove the argument is wrong, but it does make the billionaire panic look a lot less convincing.
#GasTax #WindfallTax #BigBillionaires #FossilFuels #PublicServices #Australia #EnergyPolitics #TaxJustice #Auspol
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Gina Rinehart suddenly deciding taxes are terrible when they touch gas profits is peak billionaire logic. If windfall taxes are “unfair,” maybe the real issue is letting multinational fossil fuel giants pocket our natural wealth while everyone else cops the costs. Tax the windfall, fund public services, and stop pretending “energy security” means corporate security.
The AFR can bang the drum against a gas windfall tax all it likes, but it’s worth remembering its parent company has big shareholders who may benefit from mining and resource profits. That doesn’t prove the argument is wrong, but it does make the billionaire panic look a lot less convincing.
#GasTax #WindfallTax #BigBillionaires #FossilFuels #PublicServices #Australia #EnergyPolitics #TaxJustice #Auspol
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@sirop_federable un gros 10c le litre d'épargné. wow 🙄
Dans 1-2 semaines le prix de l'essence va avoir augmenté d'autant et c'est la compagnie d'essence qui va empocher la différence.
Ce que ça prend c'est une taxe sur les gains exceptionnels durant la période de conflit pour ensuite la redistribuer aux gens en aide financière.
#straitofHormuz #iranwar #oil #oilprices #petrole #prix_du_petrole #hormux #canada #mark_carney #markcarney #taxes #taxTheRich #windfallTax #oiltaxes #taxes_sur_le_petrole -
@sirop_federable un gros 10c le litre d'épargné. wow 🙄
Dans 1-2 semaines le prix de l'essence va avoir augmenté d'autant et c'est la compagnie d'essence qui va empocher la différence.
Ce que ça prend c'est une taxe sur les gains exceptionnels durant la période de conflit pour ensuite la redistribuer aux gens en aide financière.
#straitofHormuz #iranwar #oil #oilprices #petrole #prix_du_petrole #hormux #canada #mark_carney #markcarney #taxes #taxTheRich #windfallTax #oiltaxes #taxes_sur_le_petrole -
@sirop_federable un gros 10c le litre d'épargné. wow 🙄
Dans 1-2 semaines le prix de l'essence va avoir augmenté d'autant et c'est la compagnie d'essence qui va empocher la différence.
Ce que ça prend c'est une taxe sur les gains exceptionnels durant la période de conflit pour ensuite la redistribuer aux gens en aide financière.
#straitofHormuz #iranwar #oil #oilprices #petrole #prix_du_petrole #hormux #canada #mark_carney #markcarney #taxes #taxTheRich #windfallTax #oiltaxes #taxes_sur_le_petrole -
Germany cuts fuel tax as oil prices surge on Iran blockade
Germany’s ruling coalition has agreed an emergency energy package after a weekend of marathon negotiations, cutting the mineral…
#Germany #DE #Europe #EU #Europa #Antitrustlaw #cdu #energyprices #FriedrichMerz #fuelprices #LarsKlingbeil #MarkusSöder #mineraloil #petrolprice #SPD #windfalltax
https://www.europesays.com/germany/4213/ -
The government has raised windfall tax on diesel to ₹55.5 per litre and aviation turbine fuel to ₹42 per litre with immediate effect, amid West Asia conflict-driven oil price volatility. https://english.mathrubhumi.com/news/money/windfall-tax-hike-diesel-atf-export-duty-india-fv1011k7?utm_source=dlvr.it&utm_medium=mastodon #India #Diesel #WindfallTax
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EU states urge windfall tax as fuel prices surge
BERLIN, Germany: Five European Union countries have urged Brussels to introduce a windfall tax on energy companies, arguing…
#Europe #EU #EuropeanCommission #Austria #BERLIN #consumers #energycompanies #EU-widelevy #EuropeanUnioncountries #financeministers #Germany #Italy #Portugal #profits #risingenergycosts #Spain #surgingfuelprices #WarinIran #Windfalltax
https://www.europesays.com/europe/6545/ -
EU Pushes for Windfall Tax Amid Middle Eastern Energy Price Surge
Five European nations within the European Union are advocating for the imposition of a windfall tax on…
#Europe #EU #consumerrelief #energycrisis #EuropeanUnion #financeministers #fuelprices #inflation #Iranconflict #publicdebt #RenewableEnergy #Windfalltax
https://www.europesays.com/europe/6351/ -
Five EU countries call for windfall tax on energy companies amid Iran war
EU says it is considering targeted crisis measures. | Photo Credit: YVES HERMAN Five European Union countries are…
#Europe #EU #Austria #energycompanies #EUcountries #EuropeanUnion #fuelprices #Germany #Iranwar #Israel #Italy #middleeastwar #Portugal #Profit #Spain #Tax #US #War #Windfalltax
https://www.europesays.com/europe/6345/ -
European ministers propose taxing energy profits – is this the solution? Carlos Cuerpo and other European ministers are urging an EU-wide windfall tax on energy companies. This move aims to fairly distribute the burden of surging oil prices and inflation, exacerbated by the Iran war. Learn more about this crucial proposal.
https://www.cnbc.com/2026/04/04/europe-energy-windfall-profit-tax.html #Inflation #EnergyPrices #EU #WindfallTax -
Solid research on the classic question - who profits? - from the oil wars.
Spoiler: #WindfallTax and #GreenEnergy investments are the solution
We can tell you who will really get rich from this oil crisis – and how we can stop them
https://www.theguardian.com/commentisfree/2026/mar/19/oil-crisis-research-rich-costs-wealth-redistribute -
Politicians still flinch at the ghost of 2010: Kevin Rudd's bold Resource Super Profits Tax on mining super-profits triggered a $22M+ mining ad blitz, tanked polls, and helped force his ousting by Gillard. She watered it down fast — the lesson? Don't poke the resources bear without allies.
This time it's narrower (just gas + thermal coal windfalls, not all mining), Treasury-modelling quietly pre-budget, and public anger at $2+ petrol + war-driven prices gives cover. No ad war yet, and Greens/unions are pushing hard.
But the gas lobby's already grumbling. If Albo goes too hard without buy-in, history could rhyme. Fingers crossed they learn from Rudd's fall and thread the needle: tax the windfalls properly, fund Aussies, don't get knifed. -
Dems Revive Legislation to Return Big Oil’s Profits to Struggling US Families
Proponents say fossil fuel companies must be held accountable for the wartime profiteering they are orchestrating. -
https://www.europesays.com/ie/203711/ UK Risks Gas Shortages in 2030s as Domestic Output Plunges #Business #decarbonization #Economy #Éire #GasInfrastructure #GasSecurity #IE #imports #Ireland #LNG #NESO #NorthSeaDecline #PeakDemand #UKGas #WindfallTax
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UK Risks Gas Shortages in 2030s as Domestic Output Plunges
Britain could face emerging risks to natural gas supply in the 2030s as a freefall in domestic production…
#NewsBeep #News #Economy #AU #Australia #Business #decarbonization #gasinfrastructure #gassecurity #imports #LNG #NESO #NorthSeadecline #peakdemand #UKgas #windfalltax
https://www.newsbeep.com/au/312303/ -
🚨As families face rising bills, and extreme weather causes devastation around the world, oil and gas companies shouldn’t get a tax break!😱🤬
Tell Chancellor @RachelReevesMP to not turn her back on #climate and communities!😤🌍🥰
Add your name👇 https://act.gp/3LrcnFI #Politics #Energybills #GreenEnergy #SaveOurPlanet #ClimateEmergency #StopFossilFuels #WindfallTax #TaxThePolluters -
Starmer’s Labour: No wealth tax. No windfall tax. No crackdown on corporate greed. But #benefits for #disabled people? Slashed. Services for the poorest? Cut. They’re not fighting #inequality—they’re enforcing it. #Starmer #Labour #WealthTax #WindfallTax #CorporateGreed
https://buff.ly/nj3TTy7 -
I see this as good news, as the oil companies bemoan Labour’s new windfall tax proposals.
#NorthSeaOil #Oil #Gas #NorthSea #WindfallTax #UKPolitics
‘People are walking away’: UK windfall tax hits North Sea oil investment
https://www.ft.com/content/375b3a33-ff9b-4c4c-9ce7-c117a5bfb10d?desktop=true&segmentId=7c8f09b9-9b61-4fbb-9430-9208a9e233c8#myft:notification:daily-email:content -
@peterjelinek schreibt:
Lindner:
❌ Wir haben keine Notlage hinsichtlich Putin.
❌ Wir haben keine Notlage hinsicht Klima o. Biodiversität (erwähnt er nicht einmal)
❌ Wir haben kein Problem bei Investitionen für unsere Infrastruktur.
Aber: Ausgaben hängen mit der "irregulären Zuwanderung" zusammen.
ERGÄNZE:
Linder: Wie haben kein kein Einnahmen sondern nur #SozialausgabenProblem!
#TaxTheRich #TaxtheSuperrich #TaxCorporation #WindfallTax -
@peterjelinek schreibt:
Lindner:
❌ Wir haben keine Notlage hinsichtlich Putin.
❌ Wir haben keine Notlage hinsicht Klima o. Biodiversität (erwähnt er nicht einmal)
❌ Wir haben kein Problem bei Investitionen für unsere Infrastruktur.
Aber: Ausgaben hängen mit der "irregulären Zuwanderung" zusammen.
ERGÄNZE:
Linder: Wie haben kein kein Einnahmen sondern nur #SozialausgabenProblem!
#TaxTheRich #TaxtheSuperrich #TaxCorporation #WindfallTax -
@peterjelinek schreibt:
Lindner:
❌ Wir haben keine Notlage hinsichtlich Putin.
❌ Wir haben keine Notlage hinsicht Klima o. Biodiversität (erwähnt er nicht einmal)
❌ Wir haben kein Problem bei Investitionen für unsere Infrastruktur.
Aber: Ausgaben hängen mit der "irregulären Zuwanderung" zusammen.
ERGÄNZE:
Linder: Wie haben kein kein Einnahmen sondern nur #SozialausgabenProblem!
#TaxTheRich #TaxtheSuperrich #TaxCorporation #WindfallTax -
@peterjelinek schreibt:
Lindner:
❌ Wir haben keine Notlage hinsichtlich Putin.
❌ Wir haben keine Notlage hinsicht Klima o. Biodiversität (erwähnt er nicht einmal)
❌ Wir haben kein Problem bei Investitionen für unsere Infrastruktur.
Aber: Ausgaben hängen mit der "irregulären Zuwanderung" zusammen.
ERGÄNZE:
Linder: Wie haben kein kein Einnahmen sondern nur #SozialausgabenProblem!
#TaxTheRich #TaxtheSuperrich #TaxCorporation #WindfallTax -
Lloyds bank chief demands that government keep its hands off his profits. Because he deserves them.
Meanwhile, UK banks continue to close branches and slash staffing across the board.
#WindfallTax #LloydsBank #banks
https://www.theguardian.com/business/2023/nov/28/lloyds-ceo-charlie-nunn-banks-profits-windfall-tax
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Lloyds bank chief demands that government keep its hands off his profits. Because he deserves them.
Meanwhile, UK banks continue to close branches and slash staffing across the board.
#WindfallTax #LloydsBank #banks
https://www.theguardian.com/business/2023/nov/28/lloyds-ceo-charlie-nunn-banks-profits-windfall-tax
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Fossil fuel companies are raking in billions...taking from your wallet and dumping it into rich shareholder pockets. This is #Fossilflation – and it’s a key driver of the cost-of-living crisis. Supporting Canadians with the soaring costs of living means a #WindfallTax on Big Oil's excessive profits. Demand the government immediately implement a Windfall Tax on greedy oil and gas companies to give back to Canadians and accelerate the shift away from fossil fuels >> https://act.gp/3RDDpXO
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A tax on the EXCESS profit of #BigOil would mean
$ 4.200.000.000 !What an excess GOOD could be done to save energy and energy durability !
"A windfall tax on Big Oil could haul in $4.2 billion for Canadians"
By John Woodside for Canada's National ObserverQuotes:
"Canada could rake in an additional $4.2 billion from major oil and gas companies over the next five years if it implemented a windfall tax on the fossil fuel industry’s record profits"
"Let’s simply approach oil and gas companies the same way the federal government already has [with] banks and life insurance companies in the midst of the pandemic, and that is introducing a windfall tax on their excess profits"
"The fossil fuel industry is trying to have it both ways: raking in huge profits off the backs of people in Canada while saying it can’t pay for emissions reductions,” he added. “These corporations have been taking care of their shareholders rather than cleaning up their pollution." -
"The UK government’s weakening of its windfall tax on energy profits matched the demands of a high-level lobbying campaign by the oil and gas industry, new research reveals."
#UK #Sunak #FossilFuelIndustry #Lobbyism #WindfallTax #Desmog
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@breadandcircuses it really is just unbelievable. That this is the insane world we live in and that so many people are fine with that. Anyway, really important to keep on going on about the need for a #WindFallTax and cutting of #Subsidies to #FossilFuel industries in the run up to #COP28 - let’s just both try and as much as we can!
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#ClimateDiary read yesterday’s “How do we raise trillions of dollars to fight the climate crisis? The answer is staring us in the face” by #GordonBrown just now ( ❤️ paper version = catch up) and really would like to spread his message: we need a global #WindfallTax on #PetrolProfits. This needs to be the tangible outcome of #COP28 we should all campaign for. Put so well here by Gordon Brown. #aclimateEmergency
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"How do we raise trillions of dollars to fight the climate crisis? The answer is staring us in the face"
Listen, I know it's Gordon Brown, but a windfall tax on energy profits is a jolly good idea.
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Taxation.
History.After the devastation of World War One, between 1917-1926 the UK government introduced the "excess profits duty" (tax) of 80% of profits above "pre-war standard profits".
Today, when grotesque profits are being made by big business out of the (so-called) "cost of living crisis", surely it's time for a similar period of excess profit tax?
Surely, it's big businesses "duty" to help us all out in this time of crisis?
Or is this only a "crisis" for the poor?
I won't hold my breath.
#WindfallTax #profiteering #capitalism #BigBusiness #tax #ExcessProfitsTax #profiteering #CostOfLivingCrisis #uk #ukPolitics
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#Economy #Wirtschaft #Italien #Italia #Italy #Briefing 272 #WindfallTax #RoadandBelt #NeueSeidenstraße #China #USA #Geopolitik #Geopolitics #Geostrategie #EU #Autarkie #globalerEinfluss #EZB #Bankensektor #Rechtsregierung #Meloni #Systemkonkurrenz
Die Rechtsregierung in Italien setzt Zeichen: Übergewinnsteuer, Seidenstraße | Briefing 272 | Wirtschaft, Geopolitik
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Fossil fuel companies should not be profiteering off a global crisis – but they are: in the second quarter of 2022 alone, Canada’s top fossil fuel companies made $12 billion in excess profits, a three-fold increase compared to the same period last year. While ordinary Canadians struggle to put food on the table, cover rent and pay for basic necessities, Big Oil is raking it in, taking from your wallet and dumping it into rich shareholder pockets. This is #Fossilflation – and it’s a key driver of the cost-of-living crisis. Supporting Canadians with the soaring costs of living means a #WindfallTax on Big Oil's excessive profits. Join me in demanding the government immediately implement a Windfall Tax on greedy oil and gas companies to give back to Canadians and accelerate the shift away from fossil fuels >> https://act.gp/3RDDpXO
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Fossil fuel companies should not be profiteering off a global crisis – but they are: in the second quarter of 2022 alone, Canada’s top fossil fuel companies made $12 billion in excess profits, a three-fold increase compared to the same period last year. While ordinary Canadians struggle to put food on the table, cover rent and pay for basic necessities, Big Oil is raking it in, taking from your wallet and dumping it into rich shareholder pockets. This is #Fossilflation – and it’s a key driver of the cost-of-living crisis. Supporting Canadians with the soaring costs of living means a #WindfallTax on Big Oil's excessive profits. Join me in demanding the government immediately implement a Windfall Tax on greedy oil and gas companies to give back to Canadians and accelerate the shift away from fossil fuels >> https://act.gp/3RDDpXO
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BP’s profits labelled ‘heinous’ as calls grow for tougher windfall tax https://www.theguardian.com/business/2023/may/02/bp-profits-energy-windfall-tax-oil-gas #BPOil #WindfallTax #UK #FossilFuelCriminals #ClimateCrisis #ClimateChange
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BP’s profits labelled ‘heinous’ as calls grow for tougher windfall tax https://www.theguardian.com/business/2023/may/02/bp-profits-energy-windfall-tax-oil-gas #BPOil #WindfallTax #UK #FossilFuelCriminals #ClimateCrisis #ClimateChange
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BP’s profits labelled ‘heinous’ as calls grow for tougher windfall tax https://www.theguardian.com/business/2023/may/02/bp-profits-energy-windfall-tax-oil-gas #BPOil #WindfallTax #UK #FossilFuelCriminals #ClimateCrisis #ClimateChange
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BP’s profits labelled ‘heinous’ as calls grow for tougher windfall tax https://www.theguardian.com/business/2023/may/02/bp-profits-energy-windfall-tax-oil-gas #BPOil #WindfallTax #UK #FossilFuelCriminals #ClimateCrisis #ClimateChange
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BP’s profits labelled ‘heinous’ as calls grow for tougher windfall tax https://www.theguardian.com/business/2023/may/02/bp-profits-energy-windfall-tax-oil-gas #BPOil #WindfallTax #UK #FossilFuelCriminals #ClimateCrisis #ClimateChange
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@Broadcastscot
The #ScotlandAt7 #news, with presenter Saoirse Healey, tonight at 7pm UTC+1.
#Scotland #BroadcastingScotland #Ukraine #LocalElections #England #MP #property #shell #RecordProfits #WindfallTax #FundingTransparency #BufferZones #Sudan #StrathclydeUniversity
https://www.broadcastingscotland.scot/scotland-at-7-04-05-2023/
