Should Brown Impose a Power Windfall Tax? ; Letters

Summary


DEBATE

WE DID have windfall taxes in 1998, followed by interference in the newly privatised companies by totally inexperienced government regulators who attempted to control prices and, of course, the resulting dividends to shareholders.

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Extract


Should Brown Impose a Power Windfall Tax? ; Letters

Their only success was to depress the share prices of these companies, driving away genuine investors and encouraging foreign speculators -- al...

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