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It's a No-Brainer!

Follow The Money

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Oil Resources Rent Tax

The oil and gas sector is making extraordinary profits not as a result of recent changes to risk-taking or innovation. The surge in global commodity prices has been driven in part by Russia's war. I am sympathetic to the argument to tax those profits fairly, says Richard Quest. We export more liquid-fired natural gas than Qatar - they collect 20 times more tax on their gas than we do.

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