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Sydney & The Black Swan Grand Final Event

9 October 2024 9 mths

I want to start this article by acknowledging the wonderful speech given by John Longmire at the Sydney Swan’s Club Championship dinner. That speech inspired me to write this piece. Sydney and the Black Swan Grand Final event. Hands up who knows what a black swan event is?

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Did the Wealthy Really Need Another Tax Cut?

by Clio

4 July 2025 3 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 2 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 4 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.

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Midas Word Follow

SpeakTruth

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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Midas Word @midasword ·

30 Jun

the dangers posed by AI are very real for the lives of ordinary humans. Quite apart from the massive loss of jobs and income it will further dumb down the world to make it even more easily manipulated and led

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Sydney & The Black Swan Grand Final Event

US Republican Lawmakers Lack Courage

Australia Needs To Copy Canada’s Digital Service Tax

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US Republican Lawmakers Lack Courage

Australia Needs To Copy Canada’s Digital Service Tax

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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