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.
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
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
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...