Oil Bashing, Round Two
How about a windfall pundit's tax on high TV ratings?
Opinion Journal
This being an election year, we can expect this sort of political posturing to get worse. It's a special shame, however, that some in the media have decided to join the demagoguery in search of higher TV ratings. Not that an economics education is a qualification for punditry. But if windfalls are so terrible, then perhaps these media stars will be good enough to pay higher taxes on any "windfall" ratings they receive from populist TV demagoguery. At least oil companies provide a product we can't do without.
Opinion Journal
This being an election year, we can expect this sort of political posturing to get worse. It's a special shame, however, that some in the media have decided to join the demagoguery in search of higher TV ratings. Not that an economics education is a qualification for punditry. But if windfalls are so terrible, then perhaps these media stars will be good enough to pay higher taxes on any "windfall" ratings they receive from populist TV demagoguery. At least oil companies provide a product we can't do without.
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