Only a radically new tax system, one that affects everyone’s bottom line, can compel the environmental transition in consciousness that we so clearly need.
Technological advances and historically unprecedented income inequalities have raised living standards while enabling a new global elite to enjoy lifestyles more lavish in energy consumption and environmental impact than those enjoyed by any aristocracy in the past.
Bill Gates proposes an ingenious solution to the job losses from the coming automation.
Trump's impending presidency has left marijuana advocates with fingers crossed on one hand, with the other ready to flush the toilet at a moment’s notice.
In the wake of the election results numerous ballot measures went mostly unnoticed as an onslaught of dismay and joy erupted across the nation. Here in California we decided to not abolish the death penalty (but to reform the system), hike taxes on tobacco products, ban single-use plastic and paper bags, and quadruple the number of Americans that have access to marijuana.
Earners keepers? According to Larry Kudlow, there's a secret history behind the US's history of tax reduction and it involves John F. Kennedy.
On December 14 in 1962, at the Waldorf Astoria Hotel in New York City, President John F. Kennedy unveiled an economic plan that would breathe new life into the stagnant US economy. His focus was on growth incentives; he proposed reducing marginal tax rates for all taxpayers, cutting the lowest earners' taxes from 20% to 14%, and the highest earners' taxes from 91% to 65%. His tax code also closed a series of loopholes and tax exceptions. These measures worked, and the U.S economy grew by roughly 5% every year, for almost eight years.
Do you think it's fair that corporations can move their offices offshore to avoid tax bills?