- Uber used around 50 Dutch shell companies to help reduce its global tax burden, an Australian research group found.
- Despite earning $5.8 billion in global revenues in 2019, Uber claimed a $4.5 billion loss for tax purposes.
- One researcher called Uber’s alleged scheme “the Champions League of tax avoidance.”
Austerity
Desmond Cohen – Not in it together: the distributional impact of austerity
Are people being taxed fairly? Not in Britain. New data reveals how the tax and benefit changes made since 2010 have disproportionately fallen on the poorest, ethnic minorities, women, children and the disabled. Read here
Corruption
Fintan O’Toole: The corruption of Irish banking goes back 30 years
Fintan O’toole is right. The problems with the banks, be it in the US, UK, and apparently in Ireland, started 30 years ago, which is when neo-liberlalism began its crusade. It marked the end of […]
Geopolitics
Jeff Faux: Two Cheers for Isolationism
The left should be arguing that the US’s purpose is its own redevelopment—which is incompatible with global primacy. Read HERE
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