Follow The Money cover image

It's a No-Brainer!

Follow The Money

00:00

Taxing Windfall Profits Makes Perfect Sensibility

World oil prices are up over 30% since the start of the invasion. Wholesale electricity prices have skyrocketed to almost $500 today, a 500% increase. As prices rise at the pump, so do profits for oil and gas companies. This is just a lazy 40 bill in the back but look what I found under the couch here. They didn't even have to work for. Well, literally it's a windfall. And that's why economists like windfall taxes.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app