EU States Block Plan for Public Multinational Tax Reporting
By: Joe Kirwin November 28, 2019 EU plans to require large companies to publicly report their taxes and profits earned on a country-by-country basis stalled again Nov. 28 after 13 EU member states opposed the legislation. If the legislation had been approved negotiations with the European Parliament would start to finalize the bill. The EP […]
Economists are rethinking the numbers on inequality
By: The Economist November 28, 2019 OVER A DECADE before thousands of protesters gathered in Zuccotti Park in New York in 2011, a little-known researcher in France sat down to write about income inequality in a new way. “The focus of our study consists in comparing the evolution of the incomes of the top 10%, […]
Does the economy affect elections any more?
By: The Economist Nov 28, 2019 “The economy, stupid,” was the slogan of a strategist in Bill Clinton’s campaign for the presidency in 1992. It was a pithy encapsulation of time-honoured spin-doctoring wisdom: that a strong economy helps the incumbent and a weak one helps the challenger. When Mr Clinton took on George H.W. Bush […]