Sentences with phrase «windfall tax»

Over the last couple of days we have had the re-emergence of the union bosses and the familar cry for windfall taxes on the utilities.
Both Newmont and Anglogold have over the years resisted the imposition of windfall tax on them.
Flanagan now want to protect the 40 percent Trump windfall tax cut to health insurance companies and opioid manufacturers, which will mean cuts to education and Medicaid,» he said.
This means not rushing to clobber energy firms with fresh windfall taxes.
So what he has in mind - and what may be announced in Wednesday's pre-Budget report - is not a classic windfall tax, which would be levied on banks» profits.
We understand very well that some of the taxes were introduced as windfall taxes at the time that world market prices had dropped so low and Ghana needed a little more revenue in order to be able to cushion the world market prices that have gone down.»
For many within Labour, the natural solution seemed to be a new windfall tax on the utilities.
«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.»
That «coalition» approach is underpinned by the 97 - 01 policy agenda of new deal on jobs and windfall tax, minimum wage, devolution and FoI, public services, social chapter and pro-EU, feminisation of the PLP through shortlists, alongside macroecon stability, aversion to tax rises spoke to a party coalition; the post-01 agenda was arguably rather narrower, with new labour seeming to be about a particular method of public service reform.
A windfall tax on tobacco companies.
At a barnstorming Press Gallery lunch, he called for a windfall tax on the profits of greedy energy companies, and warned that many Brits face a choice between «heating and eating» this winter.
John Major demanded a windfall tax on energy companies today, in a brazen move which will win him few friends in the Tory party.
«Windfall taxes will hurt pensioners who rely on stable returns for a comfortable retirement, sin taxes hit the poorest hardest, and a mansion tax would be a vindictive gesture that will eventually find its way down the property ladder to hit much less expensive homes, too.»
Yet the government seems to be hardening against a windfall tax for fuel poverty.
The related charge that Labour has a «core vote» strategy does not stack up: the party was rather more vocal in its condemnation of lack of «fat cat» support for a windfall tax and over «rewards for failure» under Tony Blair in 1997 than it is over banker bonuses now.
Then, five minutes to air, a good mate in government tells me the windfall tax idea has been ditched, but the chancellor has the bankers» bonuses in his sights.
Someone's been briefing that the chancellor's considering a windfall tax on the banks.
He says Cable hinted at a windfall tax on the banks, which he says would be a mistake.
Asked to choose just ONE of them though the price freeze is the most popular, picked by 39 % to the green tax reduction's 28 % and the windfall tax on 23 %.
Solid majorities support all the energy price proposals made over the last few days, 72 % support Miliband's price freeze, 73 % Major's windfall tax, 64 % Cameron's reduction in green taxes.
Some 71 per cent of those taking part favour a windfall tax on the energy companies, with 29 per cent against, suggesting that Mr Brown could be defeated on the issue at the conference.
«We began as the party of the windfall tax on the privatised utilities and the minimum wage in 1997, we ended — despite doing great things — as the party that was defending bank bonuses and a party that was pushing forward ID cards.
Don't Labour [and Polly Toynbee] understand the irony of bleating for another windfall tax, at the same time that it was announced that the New Deal has cost # 3.6 bn, and yet youth unemployment has actually risen since 1997.
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.
If the Treasury has any pride as a champion of economic efficiency, it should apply a windfall tax to these generators to correct this distortion.
Tax cuts for ordinary families should be funded through a windfall tax on oil companies, Derek Simpson, the joint general secretary of Unite said today.
A windfall tax on the billion of pounds profit made by energy companies is being seriously considered by chancellor Alistair Darling.
But Kermit gave no hint that it would be any easier being red, instead slipping his puppet strings, as well as John Major's recommendation that he implement an energy windfall tax, and going out on a limb:
«How popular do you think it would be, given that oil companies are raking in billions, if he imposed a windfall tax on them and distributed it through something like a council tax cut?»
/ / So the answer to «windfall profits» is not a «windfall tax», but a reformed ETS that will deliver regular flows of additional finance into government coffers - the perfect target for a campaign for progressive hypothecation.
Defending the flagship announcement, she pointed out the former adviser to Tony Blair and ex-business secretary under Gordon Brown was the architect of a windfall tax on utility companies after 1997, costing the firms # 5bn.
5.07 pm: The Lib Dems have voted in favour of imposing a windfall tax on the nuclear industry.
More than 90 MPs have demanded a windfall tax on energy companies, an idea endorsed by the Trades Union Congress in Brighton.
Lib Dem members are right to call for a windfall tax on existing nuclear power plants.
Government plans for a windfall tax on bank bonuses, branded as «populist» today by City figures, are one of several new tax measures on the rich.
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».
Honourable one nation Conservatives, such as Sir John Major and Robert Halfon, have sought to address their party's problem by calling for a windfall tax on the privatised utilities to fund measures to reduce utility bills (as suggested by Labour's Manifesto Uncut).
Other reforms Hawkins is calling for include a windfall tax on pharmaceutical companies» opioid wealth, a surtax on high - dollar pass - through income from LLCs and other pass - through vehicles, a clawback of the new federal tax cuts if not used to increase workers» pay, home rule for local income taxes, and tax credit «circuit breakers» to protect low - to - moderate income tenants and homeowners from unaffordable rents and property taxes.
After all, it draws the same dividing line as the price freeze without any connotations of a 1970s style price control policy and given the windfall tax's previous successful implementation, the public would be more likely to believe it would be enforced (the ComRes poll today found that 52 % of the public do not think Labour will enact the price freeze, with 41 % believing it will).
Any proceeds from a windfall tax would be too easily swallowed up into government expenditure and would therefore leave tax payers with high bills but without any obvious benefit.
The reason for looking at a price cap as opposed to a windfall tax represents a need to convince normal people that they will directly benefit form the policy.
a b c d e f g h i j k l m n o p q r s t u v w x y z