The Finance Ministry in Berlin, Germany. — A. SAVIN/WIKIMEDIA COMMONS
Italy and Britain are among those to introduce windfall taxes this year on energy firms that have benefited greatly from tight fuel supplies as state coffers emptied during the pandemic and costs to shelter the poorest in society have climbed. “It would mean that we would offer up our tax system to arbitrariness,” he said in the broadcaster’s summer interview series with politicians.
Mr. Lindner argued that vaccine producers were rightly reaping high profits because their risks had been high, and that while electricity supplies are tight as they are now, higher prices were the correct consequence to steer market responses.
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