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joseywalestx

09/09/08 12:44 PM

#128938 RE: TruckerChris #128937

Windfall Profits

Windfall profits are a type of windfall gain. They can occur due to unforeseen circumstances in a product's market, such as unexpected demand or government regulation. Since the profits were unforeseen, some legislators believe that taxing them at a higher rate, or confiscating them outright, should not hurt the company. This type of taxation is known as a windfall profits ta
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PegnVA

09/09/08 12:55 PM

#128942 RE: TruckerChris #128937

We agree - raise taxes OR cut spending, but The Decider chose to lower taxes AND borrow money to spend.
Only the 20% Club find excuses for The Decider's irresponsible fiscal policies.