A recent ad put out by her campaign argues that «Hillary Clinton knows it's time to act, take
some of the windfall profits of big oil to pay to suspend the gas tax this summer, investigate the oil giants for price gouging and collusion.»
I suspect for example that the proposed Garnaut model will see a transfer
of windfall profits to major polluters.
Water is essential for life, but increasingly, it is viewed as a source
of windfall profits.
For day traders, the intraday trend makes the difference between a session
of windfall profits and one of major losses.
Reinstating this tax on buybacks would allow Governor Cuomo and the State Legislature to tax
some of the windfall profits companies are making off the tax bill and protect New Yorkers from devastating federal cuts to health care and education.»
Not exact matches
As Marx foresaw, capitalism's inherent drive to maximize
profits and market reach (what I call
windfall exploitation) leads to boom - bust cycles
of rapid growth in production and the subsequent bust caused by too much capacity and saturated markets.
Speaking
of which, if the government believes the market is dramatically mis - pricing the future price
of oil, should they not be buying up oil futures to provide
windfall profits to taxpayers?
Apple's announcement, couched as a major investment in the United States instead
of a massive financial
windfall, followed years
of criticism that the company did not do enough for the American economy because it makes most
of its products in China and parked its
profits abroad.
News
of Walmart's investment was cheered by supporters
of the tax plan, which slashes the U.S. corporate tax rate from 35 percent to 21 percent and includes other features expected to generate
windfall profits for companies.
Having inside knowledge
of political decisions that will affect population movements and land use gives opportunities for
windfall profits for corrupt individuals.
Health care «
windfall profit» tax — There is no justification to impose a new state tax on a single business sector, as proposed here, in response to an across - the - board reduction
of federal corporate tax rates.
As a result, access to, control over and ownership
of land, particularly in economically desirable areas, enables individuals and companies to earn vast
windfall profits.
The budget includes taxes on «
windfall»
profits of health insurance companies that have benefitted from the December tax law and a surcharge on drug companies that manufacture opioids.
For instance, Cuomo wants to tax «
windfall»
profits for health insurance companies as a result
of the federal tax overhaul.
Tony Woodley, Unite the union joint general secretary, said the Chancellor had gone some way to tackling the issues
of fuel poverty but he had missed an opportunity to levy a
windfall tax on the excess energy company
profits.
«Most objectionable is that the law was drafted so that merchants keep the five cent fee as
profit, instead
of the money being used to solve the problem
of plastic bags» environmental impact — essentially amounting to a $ 100 million per year
windfall to merchants,» he said.
«A one - off
windfall tax on oil
profits would be a fair, popular redistribution
of wealth and a reminder
of why a Labour government protects those in need.»
A
windfall tax on the billion
of pounds
profit made by energy companies is being seriously considered by chancellor Alistair Darling.
New York State has received a multi-billion dollar
windfall from bank settlements this year, but a new report from the State Comptroller shows the settlement took a bite out
of Wall Street
profits in 2014, which could have repercussions for the state budget in the future.
Cuomo also floated the idea
of raising revenue by taxing nonprofit health insurance corporations that are bought out by, or convert to, for -
profit companies, and those who received a «
windfall» from the federal tax plan, which went into effect earlier this month.
Those fortunate enough to have access to high finance, made
windfall profits merely by virtue
of being in the so - called right place at the right time.
He stands to make a
windfall profit, both in terms
of the increased value
of United Metro and from the opening
of a massive new market for biofuel sales, energy industry insiders said.
New York state has received a multi billion dollar
windfall from bank settlements this year, but a new report from the state comptroller shows the settlement took a bite out
of Wall Street
profits in 2014, which could have repercussions for the state budget in the future.
They passed a motion on a green stimulus for the economy earlier this afternoon that included an amendment saying the government should «introduce a
windfall tax on operators
of existing nuclear stations, recovering through taxation the
profits they make solely as a result
of the introduction
of the carbon floor price from April 2013».
«The
windfall profit to private entities is unjustifiable and unnecessary,» Cuomo wrote, noting that the issue
of bag waste pervades not just the city but the entire state.
While that would mean a tapering off
of these
windfalls, it could help securities industry
profits, with lower litigation costs and the associated settlement payments.
Some
of Europe's worst polluters collected
windfall profits.
Windfall: The Booming Business
of Global Warming by journalist McKenzie Funk tells the story
of the people and corporations trying to
profit from climate change.
To my knowledge most if not all
of Canada's largest banks enjoy these
windfall profits.
In the past, the US has restricted private ownership
of bullion, ownership
of foreign stocks and other securities, and imposed
windfall and war
profits taxes.
Windfall + stock market + power
of compounding = potentially big
profits later.
This strategy also results in unanticipated, or «
windfall»
profits: If the contract is purchased forward twelve months at $ 100 and the actual price is $ 150, the refiner will take delivery
of one barrel
of oil at $ 100 and the other at a spot price
of $ 150, or $ 125 averaged for two barrels: a gain
of $ 25 per barrel relative to spot prices.
To me it seems that the coal industry, recognising that the game will soon be up, has conned our rather stupid state government into helping them ramp up production rapidly to make a
windfall profit before they go out
of business — akin to drug dealers getting governments to help them ramp up sales before banning the product.
On the other hand, I think it would be better for our economy if prices went up in a more controlled manner and if some
of the money went to the government which could use it for investment in alternative energy resources or to reduce taxes, rather than just going to
windfall profits for the oil companies.
This ignorance leads to radio ads decrying NIMBYism as the only reason for disallowing offshore drilling, even while these rich landowners still don't allow any wind / solar where they can see, make up all sorts
of lies about wind / solar, while bush refuses to give equal subsidies to «alternative» energy and refuses to tax
windfall profits to oil companies, who break records year after year in
profits...
«Take Exxon Mobil, which on Thursday reported the highest quarterly
profit ever and is the main target
of any «
windfall» tax surcharge.
Final word on
windfall profits, the US can not tax foreign generated income which is a major component
of oil companies revenues especially in the oil services sector.
The first phase
of the EU ETS — from 2005 to 2007 — drew criticism for not achieving substantial cuts in emissions, excessive allowance price volatility and for resulting in
windfall profits for some utility firms that received carbon allowances for free but were able to pass through their full cost to consumers in the form
of higher electricity prices.
It best complies with the «polluter pays principle» and avoids giving
windfall profits to certain sectors that have passed on the notional cost
of allowances to their customers despite receiving them for free.
In his book «
Windfall: The Booming Business
of Global Warming,» author and freelance journalist McKenzie Funk moves the conversation on climate change beyond whether or not it is happening to focus on people around the world who are finding ways to
profit from it.
No, this bill is not a reasonable first step, but a disastrous trap that would inhibit meaningful action while providing
windfall profits to serial polluters, picking the pockets
of ordinary citizens.
The first phase
of the EU ETS — from 2005 to 2007 — drew criticism for not achieving substantial cuts in emissions, and for giving firms
windfall profits by distributing carbon allowances for free.
Destruction
of HFC - 23 is extremely cheap, however refrigerant companies have made billions
of dollars in
windfall profits from the sale
of carbon credits, maximized through manipulation
of HCFC - 22 and HFC - 23 production levels.
Buying shares
of major renewable energy and infrastructure companies now, before the spending begins and while they're still cheap, will provide
windfall profits as the projects are executed over the next few years.
With such
windfall profits accruing to the industry, there's plenty
of latitude for investment in technologies that promise to secure its future.
Both have two major driving motivations: maintain present lifestyle and, for a small sub-set
of each,
profit to the maximum from this final
Windfall before the curtain comes down on our civilization.
While I agree that a carbon tax, oil tax, or gas tax would probably be more effective that a
windfall profits tax, I don't think any
of the foregoing have a snowball's chance
of being enacted.
Since all farm - outs generally require formal approval by the designated host state authority, Hesse says that host states «will want to make sure that the transaction complies with its regulatory and fiscal regime in all respects», making them «a source
of disputes where the return from the farm - out is treated as capital gains or
windfall profits by the host state».
Represents the Republic
of Ecuador in an UNCITRAL Rules arbitration under the Ecuador - United States bilateral investment treaty with respect to claims by a foreign oil producer challenging an Ecuadorian law establishing State participation in
windfall oil
profits resulting from an unforeseen rise in prices.
Represented the Republic
of Ecuador in two ICSID cases brought by foreign oil producers to challenge an Ecuadorian law establishing State participation in
windfall oil
profits resulting from an unforeseen rise in prices.