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Old 08-01-2008, 10:52 AM   #11
scaeagles
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The profits do benefit the people....it's a publically traded corporation.

What you saying may be the just thing, but the effect of a windfall profits tax is the effect of a windfall profits tax. These subsidies should be set up as a loan so they show on the books as debt for the companies. Without that, all trading that has taken place for stock in that company is based on a faulty bottom line. If they take it on as a loan, which I have no problem with, then it is something that is expected to be paid back. A subsidy really isn't expect to be paid back.
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