A windfall profits tax is a higher tax rate on profits that ensue from a sudden windfall gain to a particular company or industry.
Read more about Windfall Profits Tax: United Kingdom, United States, Scandinavia, Criticism
Famous quotes containing the words profits and/or tax:
“Whoever is content with the world, and who profits from its lack of justice, does not want to change it.”
—Friedrich Dürrenmatt (1921–1990)
“To tax and to please, no more than to love and to be wise, is not given to men.”
—Edmund Burke (1729–1797)