A windfall profits tax idea that could actually work | Curio
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Matthew Yglesias

A windfall profits tax idea that could actually work

10 mins | Jun 15, 2022
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Addressing an upcoming home heating crisis. While many of us are struggling with the rising cost of living, the current climate has created profit windfalls for the oil and gas industry. Most agree with Bharat Ramamurti's statement that this is 'outrageous'. However, there is no current consensus about how to solve the issue. Here, Matthew Yglesias discusses how a lesser-known idea about levying an infra-marginal windfall profits tax on oil companies could be the way to go.
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