Quote:
Originally Posted by Slava
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.
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Pretty much every business could get Covid bailouts, and the auto sector gets bailed out every decade or so, along with Bombardier. Governments also provide monopoly protections for telecoms and banks and insurance companies basically have free reign over us, good times or bad. So it depends where you look.