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windfall tax |
Also found in: Dictionary/thesaurus, Financial, Wikipedia, Hutchinson | 0.02 sec. |
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windfall tax a tax levied on an organization considered to have made excessive profits, esp a privatized utility company that has exploited a monopoly How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| With Democrats in charge, oil and energy companies can also expect rough treatment, with possible hearings on price gouging when gas prices spike again and a push to levy a windfall profits tax. called for a windfall profits tax on oil companies; the Department of Energy placed a Gas Price Hotline link prominently on its homepage; and Sen. With $25 billion in profits for the July-September quarter, I feel a windfall profits tax on all oil companies should be implemented immediately to compensate for the bad impact price gouging has had on small businesses, families and college students like myself. |
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