LM Little“From 2021 through 2023, #Canadian corporations collected $441 billion more in profits than expected based on the average rate of return on assets over the previous decade. By definition, these are “excess” profits.” https://www.taxfairness.ca/en/resources/reports/taxing-excess-profits-canada-urgent-proposal-action
Larry NeufeldI just called on my MP to vote in favour of the NDP motion next week for an excess profits tax on the grocery sector. Join me #excessprofits #groceryprices #Canada #cdnpoli: https://act.leadnow.ca/grocery-windfall-tax/?source=tw
Steve Dustcircle 🌹'#Renters Are Struggling': #Economists Back #Tenant-Led Push for Federal #RentControl
https://www.commondreams.org/news/economists-rent-control
"We have seen #corporate #landlords—who own a larger share of the #rentalmarket than ever before—use #inflation as an excuse to #hikerents and reap #excessprofits beyond what should be considered fair and reasonable."
https://peoplesaction.org/wp-content/uploads/2023/07/Economist-Sign-on-Letter_-FHFA-RFI-Response-1.pdf
'Renters Are Struggling': Economists Back Tenant-Led Push for Federal Rent Control
"We have seen corporate landlords—who own a larger share of the rental market than ever before—use inflation as an excuse to hike rents and reap excess profits beyond what should be considered fair and reasonable."
Don Hawkins - W7DAHhttps://www.instagram.com/reel/CrwvzF-MmlL/?igshid=NjZiM2M3MzIxNA==
#Inflation #Gouging #Australia #Greed #corporatocracy #ExcessProfits #Capitalism #ToxicCapitalism #Prices
The Australia Institute on Instagram: "In light of the RBA's recent decision to increase interest rates again, it's important to remember that the main driver for inflation in Australia is excess corporate profits, not wages."
4,113 likes, 271 comments - The Australia Institute (@theausinstitute) on Instagram: "In light of the RBA's recent decision to increase interest rates again, it's important to remembe..."
Budget 2023: where were the tax measures to deal with corporate profits? #corprations #corporategreed #Canada #cdnpoli #excessprofits #inflation #costofliving
https://www.taxfairness.ca/en/resources/news-views/budget-2023-where-were-tax-measures-deal-corporate-profits
https://www.taxfairness.ca/en/resources/news-views/budget-2023-where-were-tax-measures-deal-corporate-profits
PedestriansfirstAnother privatisation success. #ExcessProfits
Mark McGuireI see that Lisa Marriott (Professor of Taxation, Te Herenga Waka - Victoria University of Wellington) has writen a piece published by The Conversation (@theconversationau).
"As NZ workers and households tighten their belts, why not a windfall tax on corporate mega-profits too?"
#WindfallTax #ExcessProfits #EconomiicInequity #Taxes #CorporateMegaProfits #TheConversation
IAmDavid@rbreich absolutely agree, and the owners of capital have said that a windfall tax wouldn’t impact long term strategies. So why don’t governments go for it?! #windfalltax #excessprofits #Petrolprofits