Hi
@rogerd123,
I would be interested to read the article that spoke about this! Do you have a link to it?
It is looking increasingly likely, I agree. I think this is a difficult one: a windfall tax recognises that a particular industry or sector has benefitted from something that they were not responsible for: they were 'lucky'.
My concern is that this sets a precedent for raising taxes in an unpredictable and potentially arbitrary way. Windfalls happen all the time, and I think I feel uncomfortable with the lack of clarity over when it is appropriate to levy such a tax. I.e., when does a 'windfall' cross the threshold of being inappropriate or unfair, necessitating the imposition of a financial penalty.
I thought that these articles were interesting (all from the perspective of why it is wrong for a windfall tax to be imposed):
@James Carrabino do you have any particular thoughts on this?