Amazon, the Elephant in the Bookshop (tags)
Amazon is one of many examples of a gigantic problem. International corporation s shirk from contributing their just share to financing the community. Hosts of advisers and lawyers have created a "tax avoidance industry."
The Struggle against Aggressive Tax Avoidance (tags)
Experts estimate a fifth of world wealth is hidden from the tax authorities of states and considerable parts of international corporate profits are not taxed. Google and Amazon parked billions in shadow financial centers. Tax avoidance makes a functioning state impossible
Tax Reform in the US: Trump's Attack on America (tags)
The tax reform of the Republicans is a blow against the welfare state and was prepared in the 1970s. The tax reform is profitable for Donald Trump but could cost the Republicans a re-election. $5 trillion goes to households with more than a million dollars income.
Is Economic Speculation a Form of Structural Violence? (tags)
According to neoclassical economic theory, the financial markets return to equilibrium. Problems only occur because of state intervention. The roaring twenties led to an enormous stock euphoria. In 2018, companies inflate their stocks in a $70 billion stock buy back program.
Base Erosion and Profit Shifting (BEPS) (tags)
Closing tax havens, ending tax competition, and prohibiting profit-shifting are necessary for a fair tax system. The richest 1% in Pennsylvania could receive another $3 billion from Trump’s tax scam! Democracy is different than plutocracy. Problems do not disappear when they are ignored.
G20 Focuses on Paris Attacks and Economic Stability (tags)
G20 Calls on Congress to Pass IMF Voting Reform