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Tag Archives: Windfall Tax

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#Manston #nightflights


LETTER OF OBJECTION AGAINST NIGHT FLIGHTS; to T.D.C.; MANSTON NIGHT FLIGHTS

Dear Sirs,

The consideration of granting permission for night time flights based on jobs in this issue, must be dealt with on facts rather than hope using information supplied by the party who stands to gain. Quite understandably this information will be biased, as Infratil and their shareholders will gain considerably just by increasing their asset value should the Airport be given night flying permission even if it is never used. With that in mind, should you grant permission, as a protection I would suggest you impose a 'Windfall Tax' of 50% of their profits should they sell the asset within the next 10 years. If they are genuine in their intentions they will have no objections whatsoever to these conditions.

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