Why isn't #Canada taxing #excessprofits on #fossilfuels? Why is Canada continuing to subsidize #BigOil? https://www.theenergymix.com/excess-profits-tax-on-oil-and-gas-receives-majority-support-from-all-regions-age-groups/
Why isn't #Canada taxing #excessprofits on #fossilfuels? Why is Canada continuing to subsidize #BigOil? https://www.theenergymix.com/excess-profits-tax-on-oil-and-gas-receives-majority-support-from-all-regions-age-groups/
In the same breath theyâll boast to investors that theyâre running world-class operations that can make money in almost any price environment while simultaneously telling the public that an industrial carbon tax that adds an estimated 50 cents per barrelâ50 centsâis an existential threat to their commercial existence.
@NatObserver @maxfawcett #Canada #OilAndGas #ExcessProfits
https://www.nationalobserver.com/newsletters/receipts/2026/04/20/schrodingers-oil-gas-industry-strikes-again
âFrom 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 âexcessâ profits.â https://www.taxfairness.ca/en/resources/reports/taxing-excess-profits-canada-urgent-proposal-action
'#Renters Are Struggling': #Economists Back #Tenant-Led Push for Federal #RentControl
https://www.commondreams.org/news/economists-rent-control
"We have seen #corporate #landlordsâwho own a larger share of the #rentalmarket than ever beforeâuse #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
"We have seen corporate landlordsâwho own a larger share of the rental market than ever beforeâuse inflation as an excuse to hike rents and reap excess profits beyond what should be considered fair and reasonable."
https://www.instagram.com/reel/CrwvzF-MmlL/?igshid=NjZiM2M3MzIxNA==
#Inflation #Gouging #Australia #Greed #corporatocracy #ExcessProfits #Capitalism #ToxicCapitalism #Prices
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..."
Another privatisation success. #ExcessProfits
I 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