bens_dad: (Default)
bens_dad ([personal profile] bens_dad) wrote2022-10-30 11:58 am

Windfall tax on gilts profits ?

The Truss government and the Bank of England spent billions propping up gilts to safeguard many of our pensions.

Someone (I guess hedge funds) must have gained this money, presumably by winning a bet on gilt prices.
Should we have a windfall tax on this "profit" - it is not easy to see how it was "earned" or "deserved" ?

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