Nancy Pelosi proposes a tax rule that would shackle Democrats by requiring a supermajority to raise taxes on the bottom 80% of the population, thus effectively stymieing their ability to enact any major new spending programs.
Read more...What role did the state of the economy likely play in the midterm results?
Read more...Silicon Valley stars like Apple suffer from financialization—the same ailment that felled GE and Lucent.
Read more...A very readable — or listenable — introduction to MMT, in plain language
Read more...Clearing up a widespread misperception about tax.
Read more...How Britain’s system of offshore finance and tax havens developed and preserved the UK’s role as the largest player in international finance.
Read more...The UK focuses on the tax gap, how much tax it ought to be collecting versus what it gets. Why isn’t this a concern in the US?
Read more...In the Tax Justice Network’s July 2018 Taxcast, Vickie Cann and John Christensen examine a proposal for a firewall to protect EU citizens from the Big Four accountancy firms and the tax avoidance lobby, as well as look at a new report from the Corporate Europe Observatory.
Read more...Profit shifting is a key driver of the decline in global average statutory corporate tax rate, which has fallen by more than half
Read more...No matter what the scandal is, when it comes to financial secrecy and tax dodging, the so-called big four accountancy firms are key players. The latest June 2018 Taxcast discusses how accountants broke capitalism.
Read more...Tesla and GM are nearing the end of a subsidy road.
Read more...Total tax evasion among the top 0.01% in Scandinavia is roughly 10 times the level of the population at large.
Read more...Looking at the potential benefit of tax subsidies for carbon capture.
Read more...Newspapers consistently underplay wide public support for higher taxes on businesses and the wealthy.
Read more...Michael Hudson discusses monopoly capitalism on the Laura Flanders show.
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