Mmastodon EnvironmentEnergy first seen 13 h ago, last 5 h ago, peak #12

Windfall profit taxes revived as energy fix

Original: @ jon Also we know since the 1980s that the solution is to # tax rents/windfall profits. Not perfect, but better than ot

A debate over energy pricing has reignited discussion of taxing rents and windfall profits, a policy economists have discussed since the 1980s. Supporters argue that taxing excess profits, or capping prices despite distortions to market efficiency, is imperfect but still better than the available alternatives for handling the current energy price crisis.

Why now: People are debating how best to respond to high energy prices and excess profits in the sector.

windfall profit taxenergy markets

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Rank over time, top of the chart is #1. 3 snapshots from 10 h ago to 5 h ago.

Evidence

• @ jon Also we know since the 1980s that the solution is to # tax rents/windfall profits. Not perfect, but better than other solutions. Or in other words, «From an allocative efficiency perspective, the proposed cap is not strategically neutral to market participants, but… · nemobis@mamot.fr · 2

API: https://socialmediatrends-api.osmike.com/v1/trends/657944