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House Weighs Health Insurer Profit Tax, Scales Back Wealth Levy [Windfall Profits Tax Coming]
Bloomberg
| October 8, 2009
| James Rowley and Ryan J. Donmoyer
Posted on 10/08/2009 3:22:58 PM PDT by ejdrapes
TOPICS: News/Current Events
KEYWORDS: bloombergnotallowed
I don't want to sound stupid, but can someone explain what a windfall profits tax is exactly?
1
posted on
10/08/2009 3:22:58 PM PDT
by
ejdrapes
To: All
Or better yet, what exactly is a windfall profit? Just some stupid term Liberals came up with?
2
posted on
10/08/2009 3:24:21 PM PDT
by
ejdrapes
(Sarah Palin was John McCain's running mate)
To: ejdrapes
It’s when the govt says you’re making too much profit...and we will punish you with a tax....
To: ejdrapes
A widfall profits tax is when the state of CA levies 7-8% sales tax on a gallon of gas and then watches the price of the gallon of gas double.
4
posted on
10/08/2009 3:30:27 PM PDT
by
umgud
(Look to gov't to solve your everday problems and they'll control your everday life.)
To: ejdrapes
A widfall profits tax is when the state of CA levies 7-8% sales tax on a gallon of gas and then watches the price of the gallon of gas double.
5
posted on
10/08/2009 3:30:58 PM PDT
by
umgud
(Look to gov't to solve your everday problems and they'll control your everday life.)
To: Sacajaweau
Does this apply to the profits the socialist make or is this just a Republican tax?
6
posted on
10/08/2009 3:36:33 PM PDT
by
TribalPrincess2U
(Will America's worst Pre-sent in history be our last?)
To: ejdrapes
I don't want to sound stupid, but can someone explain what a windfall profits tax is exactly?It's a leftist deciding that a particular industry is "an enemy of the people" and then seizing the profits of that industry's members.
To: ejdrapes
it’s when liberals say profit is too much and they take what they want ... It’s unconstitutional at that ... Taxes specific groups not allowed by the Constitution.
It’s formal name is Fascism.
8
posted on
10/08/2009 3:40:21 PM PDT
by
Tarpon
(Oba-Mao is a reader, not a leader ...)
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