Jul 18, 2023
Analysis
Oxfam – taxing a windfall that doesn’t exist
Here’s Oxfam’s press release from earlier this month: To Oxfam’s credit, they now link to the methodology from the press release: So a company has made a “windfall profit” – and gets taxed at 90% – if its 2021-2022 average profit is 10% above the 2017-2020 average profit. Here’s a simple math question: how fast […]
