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windfall tax |
Also found in: Dictionary/thesaurus, Wikipedia, Hutchinson | 0.01 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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| We dare not upset shareholders with windfall taxes. But the reality is that as Obama and his equally unknowing friends push windfall taxes, Exxon Mobil has already given the U. Dumb as that is, its even dumber to slap windfall taxes on profits, which raises prices further and cuts back the investment in new production and reduces the search for new oil deposits. |
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