(2021-09-28). China's anti-poverty success benefited world, white paper says. ecns.cn China's success in transforming itself into a "moderately prosperous society in all respects" has contributed to world peace and development, a white paper said.
(2021-09-28). Close the Carried Interest Loophole and End Private Equity Abuse. counterpunch.org The multi-trillion-dollar budget reconciliation bill careening its way through the House and Senate represents an enormous opportunity to invest in unmet human and environmental needs and close loopholes that have allowed the wealthy to avoid their fair share of taxes. One of the most extreme examples of tax privilege is the so-called "carried interest" loophole.
(2021-09-28). Winning the Tax Game: Tax Stock Returns. cepr.net President Biden efforts to raise taxes on corporations and the wealthy has been getting seriously bogged down in recent weeks. More conservative Democrats have objected to the 28 percent corporate tax rate he proposed. Others seem to have nixed plans for raising the estate tax by making the capital gains held by large estates taxable. And, the Republicans working on the bipartisan infrastructure package were adamantly opposed to increasing the resources available to the I.R.S. so that it could better crack down on tax cheats. | Sometimes, when a particular game is not going well, the best way to turn things aroun…
(2021-09-28). Reconciling The Reconciliation Bill: A Preview. popularresistance.org This past week maneuvers within the Democratic party intensified over the content and magnitude of the two pending fiscal stimulus bills—the Infrastructure Bill (with $550B of net new spending) and the Reconciliation Bill ( with initial $3.5T 'human infrastructure & climate change' spending). While the maneuvering appears as a deep difference of views between progressives in the US House and Senate demanding both bills pass simultaneously and Democrat Senators, Manchin and Sinema in that body blocking both bills in current form, the actual conflict is really between the corporate wing of the Democratic…
(2021-09-27). Will Fanboys for Grand Fortune Ever Flame Out? counterpunch.org More people worldwide these days seem to be worrying about inequality — the deepening concentration of our global wealth — than ever before. But not everyone is fretting. Flacks for grand fortune still abound, both on and off the payrolls of our super rich. These flacks generally busy themselves recycling bromides about the brilliance of
(2021-09-27). Western Powers Strangle Ordinary Afghans with Economic Blockade. towardfreedom.org Afghanistan is teetering on the brink of universal poverty. As much as 97 percent of the population is at risk of sinking below the poverty line unless a comprehensive response to the country's multiple crises is launched.
(2021-09-27). Pandemic economic woes continue, but so do deep structural problems, especially the long-term growth in the share of low wage jobs. mronline.org 
Many are understandably alarmed about what the September 4th termination of several special federal pandemic unemployment insurance programs will mean for millions of workers.
(2021-09-27). Housing: A global human right demanding a socialist solution. workers.org 
The COVID-19 pandemic, which forced millions onto unemployment rolls and drastically reduced family incomes, has exacerbated an existing housing crisis. The U.S. Supreme Court made matters worse Aug. 26, when it ruled against the federal eviction moratorium which the Centers for Disease Control and Prevention (CDC) had issued. This vote . . . |
(2021-09-27). The Laura Flanders Show: Do Black Lives Matter to Big Banks? roarmag.org A national uprising in the wake of the murder of George Floyd pressured corporations and big banks to acknowledge their own roles in systemic racism. Many made sweeping promises to support Black-owned businesses, but now, over one year later, have they kept those promises? | In this episode, a co-production of The Laura Flanders Show and URL Media, co-hosts Mitra Kalita and Sara Lomax-Reese interview guests to discuss the widening racial wealth gap in America, the role banks play in perpetuating systemic racism, and how community development financial institutions (CDFIs) can help communities of color build wealt…
(2021-09-27). Child Advocates Celebrate 'Pause' But Push for Permanent End to Instagram for Kids. commondreams.org Our political leaders are in the thrall of pharmaceutical interests who have blocked efforts to share lifesaving vaccines with the world. They, and we, are draining wealth and life from the poorer countries of this planet in the relentless pursuit of profit.