Why is the prevailing story in the media “the price of eggs is high” and not “record windfall profits from food and oil companies” ??
America’s largest egg producer Cal-Maine reported a record quarterly profit of $198 million
Anti-poverty charity Oxfam is calling for governments to impose windfall taxes on large food companies
THAT’S the story.
What's a windfall tax going to do about ten percent of the flock being culled and prices rising until 10 percent of the demand is destroyed?
@flexghost
Nothing in your post explains how a windfall profits tax is going to stop prices and profits from rising when supply chains are disrupted by, say, turning the economy off and then turning it on again because of a pandemic.
Maybe Oxfam attempts to? But you didn't link to their report.
flexghost.
josh buermann