The GuardianThe Guardian

Windfall tax on oil and gas firms’ profits could go to those in greatest need

By Phillip Inman

27 Oct 2022 · 3 min read

Editor's Note

Phillip Inman of the Guardian makes the case for imposing a windfall tax on the companies that have benefited most from the conflict in Ukraine.

Either we are fighting a war in Europe and should put the economy on a war footing, or we should accept that western government support will falter, dragged back by waning public tolerance.

This message comes from several economists worried that a laissez-faire approach to energy and food prices plays into Putin’s hands.

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