In 1950, the top 0.01% of earners paid almost 70% of their income in taxes. By 2018, the super-rich paid proportionately less than the average for all other Americans.
How to raise taxes and be Conservative at the same time.
EPA
Australian retirees can keep stashing away more superannuation, unused, for another year, even though the crisis prompting the concession has passed. The big winners? Rich retirees and their kids.
Soweto residents protest over lack of electricity.
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Kenya needs to address spending inefficiencies to attain the goals outlined in the budget.
Should America’s billionaires be paying more tax?
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For the UK to exit the EU on genuine Australian, no-deal or WTO terms, the British government would need to reject the WA/NIP. This now appears unlikely.
We find low taxes on the rich bring economies little benefit. This suggests there is a strong economic case for raising taxes on the rich to help repair public finances following the pandemic.
If a respiratory virus can’t help you quit, maybe Brexit can.
EPA-EFE