RE: BBC/Starmer3 May 2022 15:52
What the windfallers fail to mention, and they do it on purpose, is the fact that oil and gas companies already pay an elevated rate of corporation tax at 30% on their upstream profits, compared with 19% for most other companies, while they also pay a "supplementary charge" of 10% - the latter measure being introduced by Gordon Brown 20 years ago.
So the vote hungry Left choose to push for windfall tax for a very small cash back to the public in exchange for stunted growth in the industry that will ultimately lead to much higher price for a much longer period.
They don't care about anything else but their own future.