Excellent headline from ProPublica: Ten Ways Billionaires Avoid Taxes on an Epic Scale It is a summary of 10 articles they published a year ago. Here is my summary of the summary! They avoid income… Read More »Billionaire Tax Avoidance
New legislation brings in a range of new, socialist polices designed to make rental properties more available and more affordable: High tax on houses left empty Investment funds cannot own public housing Capped rent in… Read More »Spain Makes Landlords Pay
In the US, capital gains (which is primarily how very rich people have an income), is taxed at roughly half the rate of a wage or salary, and it was Reagan who made that happen.… Read More »CEO Stock Options
Buried away in the 880-page bill is something not related to the pandemic – tax relief for the rich: “hedge fund managers, Wall Street lawyers, real estate tycoons like President Trump and big corporations grab… Read More »Page 203 of Trump’s CARES Act
This is from the book Davos Man: TeamHealth and Envision Healthcare employed one third of all staff in American emergency rooms. They are both owned by massive private equity firms. “…those rolled into emergency rooms… Read More »Surprise Medical Billing
How’s that for Republican click bait? However, I am not exaggerating, and here is why: The driving force behind everything I write about the future of capitalism is our undeniable trend towards global population decline.… Read More »How Racism Can Save Capitalism
I read a lot of inequality literature and news articles. The words that pop up the most are rent and rentier. While it is only one part of the problem, the frequent mentions make sense… Read More »Rent and Rentiers
(drunk, doesn’t invalidate…) What if instead of employers dictating wages, we turned it upside down: people bid for jobs, how low they were lowing to offer for a job. But otherwise, a “shitty” job would… Read More »Auction Jobs
Note – this is not a suggested alternative to anything else offered to people who lose their jobs. This is in addition. Being retrenched, or being made redundant, is possibly going to become a major… Read More »UBI and the Retrenched
Most modern economies have Payroll Tax, where every time a business pays an employee, a additional percentage of that is paid as tax to the government. It might be a lot or a little. It… Read More »Robot Tax vs Payroll Tax