Why Nostr? What is Njump?
2023-11-29 06:16:33
in reply to

Emeritus Prof Christopher May on Nostr: npub19lg6t…3ehsf Main argument against a windfall tax is a standard #ruleoflaw ...



Main argument against a windfall tax is a standard #ruleoflaw argument that laws (and by extension taxes) should be predictable; one might argue that a windfall tax is arbitrary & punishes behaviour that was legal at the time (again retrospective legality is generally seen as not being fair under a the rule of law);

2nd Q.; you set a level for 'normal profits' then impose a windfall tax when profits are by some set margin persistently above that - but could be gamed, of course
Author Public Key
npub1hr0x0gm9ksmvuvqwkyzfjuczv9pln83axuftxfhnq2maday69ypqtf2ktj