windfall :

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windfall

windfawl

  • n  fruit that has fallen from the tree
  • n  a sudden happening that brings good fortune (as a sudden opportunity to make money)

  • Continuing on Monday's windfall-profits-taxes-are-hard theme, here's Australian economist Andrew Leigh (via Mark Thoma): From an economic standpoint, the strongest argument for a .
  • A windfall profits tax will produce less energy and not more.
  • Under oil windfall profits, Russia's GDP should have grown by 15% to 16% in 2005.
News & Articles

  • Despite windfall, Illinois still to lag on bills
    The outlook for thousands of Illinois service providers became brighter after lawmakers dedicated a $1.2 billion windfall to addressing the state's chronic unpaid bills problem, but some fear the positive trend could be short-lived. The windfall has helped lower the state's debt to social service groups, charities and businesses, but only to $5.8 billion from $8.5 billion in April. Providers ...
    June 10, 2013 - WBEZ 91.5 Chicago
  • Miami-Dade Mayor Gimenez pushes to spend Dolphins windfall on elections equipment
    As county commissioners haggle over how to spend a cash windfall created by the Miami Dolphins’ failed attempt at a public referendum, the mayor is pressing to spend the money on elections equipment.
    June 10, 2013 - Miami Herald
  • Despite windfall, Illinois still to fall behind on bills
    CHICAGO -- The outlook for thousands of Illinois service providers became brighter after lawmakers dedicated a $1.2 billion windfall to addressing the state's chronic unpaid bills problem, but some fear the positive trend could be short-lived.
    June 9, 2013 - The State Journal-Register
Quotes

  • Barack Obama in Newsweek
    Under no circumstances should the executives of these institutions earn a windfall at a time when the US Treasury has taken unprecedented steps to rescue these companies with taxpayer resources,Obama said in a letter to Treasury Secretary...
  • John McCain in Forbes
    Instead, McCain said Obama "wants a windfall profits tax on oil, to go along with the new taxes he also plans for coal and natural gas. If the plan sounds familiar, it's because that was President Jimmy Carter's (nyse: CRI - news - people ) big idea...

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