Home » Posts tagged with "Taxes"
A Lost Generation: The need for a new system
Our wonderful economic model, you know, the one with endemic unemployment, ever-rising prices, frozen salaries, homelessness, worsening public services and increasing taxation, has failed the next generation (or three) miserably. The ILO’s latest report on employment reads like a social terrorist manual.
And these are the policies blindly followed by the drivers of the western economy, the FUKUS...
Italy new PM vows to reverse austerity, pursue growth
Italy’s new Prime Minister Enrico Letta delivers his speech at the parliament in Rome on April 29, 2013.
Italy’s new Prime Minister Enrico Letta says the coalition government will pursue growth policies to reverse an austerity drive which is killing Italy.
The remarks were made on Monday during Letta’s inaugural speech to parliament.
“Italy is dying from austerity alone. Growth policies...
Hispanics to become majority ethnic group in California next year
California’s population is experiencing a cultural makeover.The troubled economy is driving out the middle class to more prosperous areas of the country. Now, the future of America’s most populous state belongs more to immigrants than ever before.
US Census data shows more than 41-thousand immigrants moved to Los Angeles county just in the past year.
During the same period, more than 100-thousand...
Cypriot parliament rejects EU-IMF bailout tax on bank deposits
Cypriot MPs vote on a controversial bailout package during a parliament session in Nicosia on March 19, 2013.
The Cypriot parliament has voted against a revised bank deposit levy. The tax was meant to shave 9.9% off any deposits over €100,000 and has since caused uproar in the country.
Thirty six deputies voted against the proposal to tax bank deposits in the 56-member chamber, while 19 abstained....
Rand Paul wants to give all illegal immigrants US citizenship
In another break from Republican Party orthodoxy, Kentucky Senator Rand Paul has said that America’s illegal immigrants should be integrated into the tax system in a program that would eventually lead to the possibility of citizenship.
Speaking about immigration issues at the US Hispanic Chamber of Commerce, Paul said “Let’s start that conversation by acknowledging we aren’t...
Gold and Silver Approved as Legal Tender by Arizona Senate
Arizona may become the second state, after Utah, to recognize gold and silver as legal tender authorized for payments of debts and taxes.
The Arizona Senate voted Thursday to approve SB 1439 which allows businesses and the state government to accept payments in gold or silver.
The Legal Tender bill specifies that legal tender in Arizona consists of all of the following:
1. Legal Tender authorized...
Republicans say Obama wants higher taxes
With less than a week before deep spending cuts kick in, Republicans in their weekly address accused President Obama of being ready to plunge the economy into a tailspin to extract higher taxes.
“The fact is: Republicans in Congress, right now, will provide the flexibility to make the necessary spending reductions and address our deficit and debt, instead of going through the sequester. In fact,...
Obama: 'No doubt' we need more taxes
US President Obama on Sunday insisted that the nation needs additional tax revenue, some of which the government could acquire by closing or reducing loopholes and deductions.
“There is no doubt we need additional revenue, coupled with smart spending reductions in order to bring down our deficit,” the president said in an interview aired on CBS. “And we can do it in a gradual way so that it...
Swiss Tax Haven is Over
Switzerland will now assist international tax authorities in disclosing information on bank accounts held by foreigners who avoid taxation at home.
Joint efforts by the EU, the US and number of other countries have led to Switzerland introducing new banking laws on February 1. The new regulation now allows foreign tax services to send group requests for bank account information of their citizens....
Global warming, the tool of the West
For years, the Elites of the West have cranked up the myth of Man Made Global Warming as a means first and foremost to control the lives and behaviors of their populations. Knowing full well that their produce in China and sell in the West model and its consequent spiral downward in wages and thus standards of living, was unsustainable, the elites moved to use this new “science” to guilt...
Taxes to go up in 2013 regardless of 'fiscal cliff' deal
President Barack Obama wasn’t lying when he said he’d raise taxes on the wealthiest Americans if reelected — but it won’t be just the top wage-earners who will be handing over more to Uncle Sam in 2013.
Under a last minute Capitol Hill agreement expected to avert the much-feared ‘fiscal cliff’ disaster that has dominated politics in recent weeks, working Americans across the board will...
US-European Refugee Crisis Stuns Russia
A shocking report issued today by the Federal Migration Service (FMS) is warning that local services in Moscow and St. Petersburg are being “overwhelmed” due to the growing number of American and Western European refugees flooding into Russia, a situation, they say, was made even worse this past month with the reelection of President Obama.
The FMS is the federal executive body that implements...
BBC's Climate Propaganda Exposed as Secret Panel of "Experts" Revealed
In scientific circles, the exact causes of climate change are heavily debated, but if you listened to the mainstream media you would be led to believe that they were all in agreement, and all believed that climate change was entirely man made and carbon based.
Most of these mainstream sources also believe that a global carbon tax is a good solution, no surprise there.
Recently information has come...
Has VAT doomed UK high streets?
We were recently given the news that over 30 retail shops close every day – suggesting that the demise of the High Street is gaining momentum.
Many reasons are put forward for this demise but the reason we see so many empty shops is really very simple – and the reason incidentally, I got out of retailing many years ago.
That reason being Value Added Tax. VAT is an accountant’s tax and as such,...
American CEOs call the Congress to 'stabilize the debt'
American CEOs call the Congress to ‘stabilize the debt’
Chief executives of more than 80 major US corporations, including Aetna, Goldman Sachs, Macy’s and Boeing are joining forces to pressure Congress to bring down the federal deficit by raising taxes and cutting spending.
The CEOs call on the policymakers to prepare a fiscal plan that would “stabilize the debt as a share of the...