windfall tax!14 Mar 2022 21:53
Maybe if the govt had bailed out the oil companies when the world ground to a halt with covid and the POO dropped off a cliff then they wouldn't have had to slash capex and thereby resulting in having more capacity to balance the price now. Instead they left them to it and the result was inevitable war or no war ,once the world got moving again. Russia has just made that point come quicker. Now there are cries for a windfall tax! The only windfall tax they should get is the fact they are making more money and therefore paying more tax. What is it about labour who just want to punish good management whether its personal or big business. Sit on your backside watching tv and you get paid benefits , paid for by people who work bloomin hard and go without some of the luxuries these claimers have , in order to have a nice life, maybe retire a bit earlier, risk their money for potential reward buying shares and Labour want to take it as if you haven't risked it and it's just been handed to you. Look , corporate tax is set. It's not if you happen to do really well we'll need to change that arrangement , that's just making the rules up as you go along theft.