MinnesotaFats
MinnesotaFats
Active BMR member
- Joined
- Nov 1, 2021
- Messages
- 3,417
EU expects to raise €140bn from windfall tax on energy firms
Cap on outsize revenues will bring solidarity from businesses towards struggling customers, says official
www.google.com
"...to tax & redistribute the profits to homeowners"
This is what happens when liberals take over your energy policy.
Europe & England are facing a nearly 75% year over year increase in energy costs because they stopped using coal, nuclear and shifted to a subsidiary system of government aided "renewable" energy, that noone can afford to buy and the producers cannot afford to invest in its creation, nor provide incentive to future investors under this policy. It is pure socialism...scary stuff.
It mirrors what is occurring in California.
It's relevant to our community here because gambling is dependent upon discretionary income. If a box of Mac n Cheese costs $3 and the AC cost $500/ mo to run, then we won't have any money to gamble with.
Just your daily 'A section' update.