Quote Originally Posted by Claude Blue View Post

Explain again why we shouldn't have a windfall tax?
Where did I say we shouldn't have a windfall tax? What I was saying is that a second windfall tax would not go anywhere near paying for the energy crisis and the Labour Party has been very clever in convincing people that one would be of such significance.

You are correct that Shell and BP have very clever accountants and for the reason you explain these accountants would be able to dodge a second windfall tax in the same way they will be likely to avoid the first. I agree that the 65% tax rate is largely irrelevant and that few will pay much of it. So, why do you think a second tax is likely to be any better.