Time to consider a windfall profits tax

So there is an "acceptable" level of profits. So where is the threshold over which there should be a windfall profits tax?

Do you have a point?

Are only certain industries eligible for the WPT? Or is it driven by the amount of profits? What is the threshold? Should we use gross profits or P/E? Maybe some other metric?

If it's for certain verticals, upon what basis do we choose which industries are immune and others are not? Do we just go with those that we feel most beholden to or is there some non-emotional, objective standard?

Here's your chance to be substantive. Ready...go.

In 1980, federal legislation was passed that levied such a tax on oil companies because of the profits they earned as a result of the sharp increase in oil prices in the 1970s. Since then, the tax has not been reenacted.


Again, your point is?

So you punt. Not surprising.

You weren't interested in discourse. You were just being a smart ass dick who thinks he knows-it-all.

LOL...you're interested in discourse? Really? Since when?

I gave you a chance and you punted. Now you're saying I'm insincere. Comedy Central.

Thank you for giving me a chance.

So there is an "acceptable" level of profits. So where is the threshold over which there should be a windfall profits tax?

Do you have a point?

Are only certain industries eligible for the WPT? Or is it driven by the amount of profits? What is the threshold? Should we use gross profits or P/E? Maybe some other metric?

If it's for certain verticals, upon what basis do we choose which industries are immune and others are not? Do we just go with those that we feel most beholden to or is there some non-emotional, objective standard?

Here's your chance to be substantive. Ready...go.

In 1980, federal legislation was passed that levied such a tax on oil companies because of the profits they earned as a result of the sharp increase in oil prices in the 1970s. Since then, the tax has not been reenacted.


Again, your point is?

So you punt. Not surprising.

You weren't interested in discourse. You were just being a smart ass dick who thinks he knows-it-all.

LOL...you're interested in discourse? Really? Since when?

I gave you a chance and you punted. Now you're saying I'm insincere. Comedy Central.

Thank you for giving me a chance.

You bet.

Fucking kicking myself that I didn't. I chickened out on some good advice. Eh, such is life.

I'm just pissed I got it @ $1.16. Should have waited another week. lol

Nice call regardless. That's what I get for playing it safe. An extra $60k is always helpful, isn't it. God damn it...

$8.10 this morning.

Still a good price. F will hit $20 by 2013.

Fucking kicking myself that I didn't. I chickened out on some good advice. Eh, such is life.

I'm just pissed I got it @ $1.16. Should have waited another week. lol

Nice call regardless. That's what I get for playing it safe. An extra $60k is always helpful, isn't it. God damn it...

$8.10 this morning.

Still a good price. F will hit $20 by 2013.

When will the Dow hit 6500 again? I pretty much plan my finances around your...models.

Fucking kicking myself that I didn't. I chickened out on some good advice. Eh, such is life.

I'm just pissed I got it @ $1.16. Should have waited another week. lol

Nice call regardless. That's what I get for playing it safe. An extra $60k is always helpful, isn't it. God damn it...

$8.10 this morning.

Still a good price. F will hit $20 by 2013.

When will the Dow hit 6500 again? I pretty much plan my finances around your...models.

5000 2014

You should follow the models. They work. Let me know if you need anymore tips.

Fucking kicking myself that I didn't. I chickened out on some good advice. Eh, such is life.

I'm just pissed I got it @ $1.16. Should have waited another week. lol

Nice call regardless. That's what I get for playing it safe. An extra $60k is always helpful, isn't it. God damn it...

$8.10 this morning.

Still a good price. F will hit $20 by 2013.

When will the Dow hit 6500 again? I pretty much plan my finances around your...models.

5000 2014

You should follow the models. They work. Let me know if you need anymore tips.

You're a genius.