TaxProf Blog

Editor: Paul L. Caron
Pepperdine University School of Law

Saturday, April 29, 2006

Kinsley on The Windfall Profits Tax

Interesting op-ed in the Washington Post, Tax the Windfall, by Michael Kinsley:

The oil companies, like other big corporations, are mostly owned by ordinary citizens, either directly or through mutual and retirement funds. Presumably some of them support the war and others don't. Do any of these shareholders, pro-war or antiwar, want to pocket $45 billion (or whatever number you choose) from a war that is costing others so much?

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No policy is ever forgotten no matter how badly it failed the last time it was tried.

Posted by: Robert Schwartz | May 3, 2006 10:20:38 PM