As usual, the meaningless minutiae of tax-fiddling in last week’s budget stole the headlines and obscured what’s really going on. It would help if the linguistics were clearer: a tax “cut” should simply refer to [more…]
Kenya faces predicted economic challenges due to high debt. The IMF proposed fiscal consolidation which includes increased taxes and privatization has been criticised for causing job losses and exacerbating corruption. January 31, 2024 I worked [more…]
In a totalitarian regime with a single ruling party, people know that all the churned-out propaganda is a pack of manufactured lies – and, what’s more, the leaders know that the people know! Everyone knows [more…]
Many economic pundits predict that the US and much of the world either is in a recession or about to enter one, depending upon one’s definition of the term “recession”. This brief essay is not [more…]
The UN is actively addressing the challenges of international tax cooperation in the digital era, highlighting the necessity to revamp existing rules. A recent UN report offers three options: a legally binding multilateral convention, a [more…]
The chief role of government is to enact laws that protect the lives and civil freedoms of its citizens. Any “add-ons” warrant the most careful scrutiny before being admitted to the nation’s laws. However, even [more…]
While Ruto’s calls for a just financial system were praised in the European Parliament, most Western states opposed the vote towards a fairer international tax system. The global south, however, succeeded in beginning the transfer [more…]
A common talking point: it is the private sector that actually pays for the public sector, and hence all public services ultimately. This argument is heard so often on the right, and considered such a [more…]
This is precisely what the State is doing. The idea of war, mayhem and destruction being economic boosters is exactly what has supported the thin facade that politicians like to place over their greed and [more…]
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