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Universal Basic Income: Its Time Has Come

21 May 2025 2 mths

Who is going to buy all the wonderful stuff if lots of folk can no longer afford to? Universal Basic Income: Its time has come.

Economics Fresh Politics

3 January 2025 6 mths

The Economics Of Self Service

Did the Wealthy Really Need Another Tax Cut?

by Clio

4 July 2025 20 hrs

Did the Wealthy Really Need Another Tax Cut?

In the land of billionaires and oligarchs did the wealthy really need another tax cut? You know at the beginning of the 1960s the top tax rate in the US was up there around 90%. It is now all the way down to 37%. Think about that for a few moments, a reduction close to 60%. That is a heck of a lot. Americans have been rewarding themselves at the top for 60 years with huge reductions in tax. Now, under Trump they are coming after social security and Medicaid for the poor and sick. You know where this is going to end, Social Darwinism and killing off the weak and the needy.

Crime Democracy Economics Fresh Politics

by Clio

2 July 2025 3 dys

US Republican Lawmakers Lack Courage

Something close to two thirds of surveyed Americans disapprove of the big bill that passed the senate. This bill takes from the poor and gives to the super rich by slashing Medicaid to fund tax cuts for billionaires. The US Republican lawmakers lack courage in the face of mob boss Trump and his MAGA machine. There is no place for individuals to stand up against stuff on behalf of their constituents in US politics anymore – the game has been rigged. Trump has corrupted the democratic process to deliver him the votes and the American people are the losers.

Crime Democracy Economics Fresh Politics

by Clio

30 June 2025 5 dys

Australia Needs To Copy Canada’s Digital Service Tax

Canada is applying a digital service’s tax on US companies doing this kind of business in that country. This will raise billions, as they are making it retroactive. Australia needs to copy Canada’s digital service tax to get these companies to pay their fair share of tax downunder. This Canadian initiative will apply to Google, Apple, Amazon, Microsoft, Meta and the usual suspects in the digital space. The reason that this is required is that these giant companies avoid paying tax by shifting profits to low tax nations like Ireland, the Cayman and Virgin Islands etc. plus, claiming expenses in higher tax places like Australia and Canada. It is a well known corporate rort exploiting loopholes in the tax systems of nations with legions of tax accountants employed by them.

Democracy Economics Fresh Politics

Episode 12: The Politics of Grievance - Robert Sudha Hamilton's Podcast

America is the great democratic experiment. Although, this is getting on for some 250 years now. This nation is in the grip of the politics of grievance. Partisan politics in America is more about hating the other side than particularly loving the side you are voting for. Americans have been encouraged to focus their attention upon their grievances via decades of negative campaigning and attack ads. Demonizing ‘the other’ is the favoured political pastime in the 21C. Identity politics and social values are the main game these days. Economic issues are now seen through this ideological filter.Murdoch, Fox & Stirring Grievance In AmericaRupert Murdoch and his Fox News are merchants of toxic polarization. This network is spewing out lies and fake news 24/7. Every presentation is top heavy in anti-woke content and a right wing bias. Regular viewers are sucked into a spin cycle of libertarian anti-government GOP grievance stoking. Old white men upset at their changing worlds, where heaven forbid minorities are now getting a say. OMG the sky is going to fall in. In this partisan realm complaints about there being too many coloured faces on TV and LGBTQIA folk making too much noise are legion. Uppity women talking about sexual harassment and such like make their viewer’s blood boil – which is the whole idea for Fox. Getting their audience riled up keeps eyeballs on them and advertising rates going up for their revenue.Popularizing Poisonous Issues For Political GainThe politics of grievance is all about popularizing these causes for the benefit of candidates and the party. The party promoting these grievances doesn’t need positive policies. They just bang on about how the other side is to blame for the problem.

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Midas Word @midasword ·

20h

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Midas Word @midasword ·

3 Jul

A country where billionaires rule the roost in a financialised land, where every aspect of life is considered a product to be bought, sold or rented, is not a land of equal opportunity.

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Midas Word @midasword ·

2 Jul

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Midas Word @midasword ·

1 Jul

Australian governments talk a big game about multinationals and tax but their efforts don’t live up to it. The federal government is complicit in many ways with these tax avoiding entities downunder.

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Universal Basic Income: Its Time Has Come

The Economics Of Self Service

US Republican Lawmakers Lack Courage

Australia Needs To Copy Canada’s Digital Service Tax

Albanese Don’t Suck Up To Trump Over AUKUS!

US Republican Lawmakers Lack Courage

Australia Needs To Copy Canada’s Digital Service Tax

Poignant Posts

The ABC Has Lost Its Independent Voice

Bruce Lehrmann Goes To A Strip Club…

Sydney Swans Report Card At Round 6

The Old Way Is On The Way Out

Albanese Don’t Suck Up To Trump Over AUKUS!

Bad Credit Makes For Bad Santa Experience

Imagine If They Banned Guns in The Movies

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Did the Wealthy Really Need Another Tax Cut?

US Republican Lawmakers Lack Courage

Australia Needs To Copy Canada’s Digital Service Tax