Could Taxing the Super Rich Fix Our Economy?A study suggested that a minimal additional tax on the world’s billionaires could potentially collect up to $250 billion annually. On the 25th (local time), the Financial Times (FT) reported that participants in a study commissioned by the Group of 20 (G20) indicated it is technically feasible to collect such an amount in taxes from […]
U.S. Prepares Sanctions on Chinese BanksBlinken’s Visit to China Puts Pressure on Policy Shift According to sources cited by the Wall Street Journal (WSJ) on the 22nd, the U.S. government is preparing sanctions that threaten to expel some Chinese banks from the global financial system. Before he visits China, these measures are intended to provide Antony Blinken, U.S. Secretary of […]
Trump Mulls Middle-Class Taxes If ElectedTrump is considering cutting federal payroll taxes and more in a bid to win votes Former U.S. President Donald Trump has hinted at considering tax cuts for the middle class if he is re-elected in this year’s presidential election. If realized, it may exacerbate inflation and fiscal deficits. Reuters reported on the 17th (local time), […]
World's Fastest Population Decline: Kurzgesagt's Concern for THIS CountryKurzgesagt - In a Nutshell, a popular YouTube channel, highlighted South Korea's rapid population decline and its potential consequences.
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