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Originally Posted by Monahammer
Italy just announced a special one time assessment on all of it's banks to recoup the profit from rising interest. They say they're going to use the proceeds to tackle housing/rent.
Perhaps we should be considering a one time assessment on all non-smes nationally.
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Absolutely not. The thing with these windfall taxes is that when times are tough in those sectors, the government isn't stepping in. Look no further than energy. The government wasn't there in 2015 to provide assistance. In 2020 when the prices got slaughtered there was no assistance offered. So why should the government hammer them with taxes now that they've survived?
And really, is Italy an economy thag we should be modelling ourselves after? That seems like a poor choice.