For some reason, about the only time we hear about a windfall tax being seen as appropriate is when it is designed to be enforced upon the oil industry, and while it certainly is true that domestic-based oil companies have definitely benefited from those times when there has been a shortage of oil, through embargoes or through the difficulties of transporting safely oil in wartime, or in other similar type circumstances, it has to be admitted that just concentrating on big oil is probably unfair to all those other industries that make extra profit at what could be considered to be inappropriate and unpatriotic times.
To wit, when it comes to war, there are definitely defense companies that do a heck of a lot more business when there is warfare, of which it needs to be taken under advisement that war involves carnage, bodily harm, death, psychological damage, expenditures of the public purse, and other ills that are quite unfortunate. This would seem to strongly suggest that extra profit and extra business that correlate with ongoing or unexpected warfare should be seen in the light of profits made in a business that hurts and kills human beings, as well as in damaging the societies that are made up of people should be best categorized as “blood money.” Therefore, it certainly seems fair that war profits should be seen in many cases to be best characterized as windfall profits, because, quite frankly, those extra profits would not be there for these defense companies if it weren’t for those wars.
Indeed, the question should be asked: Should defense industries profit from the death and harm done to human beings? If the answer is yes, then nothing needs to be changed, because that is the way that it is at present. On the other hand, if the answer is no, or if we desire to ponder upon such further, then the very first thing that we need to do is to take those windfall profits out of the hands of defense industry companies by legislation enforced to do this, which would in all likelihood probably make, not too surprisingly, for far less warfare.
Further to the point, if when implementing the windfall war tax we find that defense companies thus engage in some serious pushback regarding the taking away of some of their profits, that have been designated as being windfall profits, and subsequently complaining that they will not continue to do business with the government, because they aren’t being compensated enough or compensated appropriately, we then would have the obvious case, that defense companies really aren’t about protecting the homeland and its people, but really distilled down to its full transparency, they are all about money, instead, which is why we need to implement windfall war taxes, to see when push comes to shove, how those that claim they are patriotic, whether they are in fact true to this nation and thereby good for this nation or rather whether they answer only to their god of blood lucre, instead.