Rishi Sunak threatens oil and gas giants with windfall tax on profits

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🗣️ Rishi Sunak has threatened oil and gas giants with a windfall tax on their profits if they fail to ramp up investment to shore up Britain’s energy supplies. 🔓 This article is currently free to read ⤵️

Rishi Sunak on Wednesday night threatened energy companies with a windfall tax on their profits unless they "support the economy" by increasing investment in UK energy supply.

 

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Sunak is literally copying the policy put forward by Starmer. When BorisJohnson says, 'We have a plan' he forgot to add that he stole it from Labour, although, of course, he couldn't, having already said that Labour has no plan. The Cabinet is clueless, corrupt, and incompetent.

How can a one-off windfall tax yield UK 'energy security'? 👇RishiSunak Bruised, wormy apples don't make good eating...

Sunak has made no such threats. It’s the right wing press that are making up that claim in order to let it appear that Sunak might help with the energy bills.

Be useful to have a serious debate on windfall taxes, people need to grasp that retained profits are used to invest in the future development of products and new tech. How do you determine the 'excess' level of profit

Oh Ruthless Rishi you don't scare them. You'll take out your failure on low income families and pensioners.

So government pushes green policies and the people involved in oil and gas see that as a signal to not invest as their industry will lose out to the new one Then the government threatens to punish them with taxes for the above And people think we live under capitalism?😂

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