Mexican president floats global anti-poverty plan in U.N. speech

Mexican President Andres Manuel Lopez Obrador on Tuesday pitched a global anti-poverty plan that seeks to uplift some 750 million poor people who live on less than $2 a day and would be financed largely by rich. In a speech to the United Nations, Lopez Obrador stressed that the plan could give the world’s poorContinue reading “Mexican president floats global anti-poverty plan in U.N. speech”

SEN. KYRSTEN SINEMA IS LITERALLY TEACHING A COURSE ON FUNDRAISING

The senator is educating Arizona State University students on her forte: asking for money. ALL STUDENTS HOPE to learn from the top experts in their field. Graduate students at Arizona State University have an unusual opportunity this fall to do just that, where Sen. Kyrsten Sinema, D-Ariz., is teaching a course on getting rich people toContinue reading “SEN. KYRSTEN SINEMA IS LITERALLY TEACHING A COURSE ON FUNDRAISING”

Ireland set to agree historical minimum corporate tax rate

Ireland is expected to adopt a 15% minimum corporate tax rate after several months of negotiations with the Organisation for Economic Co-operation and Development (OECD). Sources close to Irish Finance Minister Paschal Donohoe say the Irish government “needs certainty around the rate”, and assurances that Ireland won’t be forced to increase it further. Much ofContinue reading “Ireland set to agree historical minimum corporate tax rate”

Peru PM warns gas sector: pay higher taxes or face nationalization

Peruvian Prime Minister Guido Bellido on Sunday said that companies which exploit natural gas in Peru will need to agree to pay higher taxes or else face nationalizations, a sharp warning to the sector from the new leftist government. Bellido told Reuters in August that the government was planning to participate more deeply in the main industries,Continue reading “Peru PM warns gas sector: pay higher taxes or face nationalization”

How The United States Ended Up With Two Right-Wing Parties – Second Though

We hear a lot about the Democrats being “the radical left.” Most of us know this obviously isn’t the case, but what many Americans don’t realize is that the Democrats should not be considered left-wing at all. In this episode we’re exploring the ratchet effect and the long rightward shift of the Democratic Party.

The number of billionaires grew by 13.4% in 2020 – making the pandemic a ‘windfall to billionaire wealth’

A new report from research firm Wealth-X found that the number of global billionaires rose above 3,000 in 2020. It’s a first, per the report, with billionaires around the world increasing their collective wealth by 5.7%. Wealth taxes have been floated as one way to redistribute wealth and address pandemic inequity. The pandemic was aContinue reading “The number of billionaires grew by 13.4% in 2020 – making the pandemic a ‘windfall to billionaire wealth’”

Let’s talk about Pelosi, college debt, and do some supposing – Beau of the Fifth Column

G-7 leaders agree on vaccines, China and taxing corporations

Leaders of the Group of Seven wealthy nations staked their claim Sunday to leading the world out of the coronavirus pandemic and crisis, pledging more than 1 billion coronavirus vaccine doses to poorer nations, vowing to help developing countries grow while fighting climate change and backing a minimum tax on multinational firms. At the group’sContinue reading “G-7 leaders agree on vaccines, China and taxing corporations”

Neoliberalism | US Political Polarization – The Cynical Historian

Neoliberalism is why we’ve become so unequal over the course of this party system. As a result, the US is more divided politically than most of us can remember. Characteristics that unify neoliberals are: -emphasis of individuality and rejection of groups -market liberalism and fiscal conservatism (which are kinda the same thing) -privatization of publicContinue reading “Neoliberalism | US Political Polarization – The Cynical Historian”

UK pushes for financial services to be exempt from G7 global tax plan

British finance minister Rishi Sunak is pushing for financial services firms to be exempt from a new global tax system which was agreed last week by the Group of Seven (G7) economies, sources familiar with the negotiations said. One of the officials said Britain – home of Europe’s biggest financial hub – had put aContinue reading “UK pushes for financial services to be exempt from G7 global tax plan”

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