Fair or Effective Taxes?

In a recent article in the Financial Post, Ted Rechtshaffen, (“‘Tax the rich’ may be a rallying cry, but it’s hardly a fair system”, May 15) looked at three different tax schemes:

  • Progressive Tax Rates
  • Flat Percentage Tax
  • Flat Dollar Amount per Adult

I will take these in reverse order.

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Trump v Clinton 2: Trump the Frump

Plenty has been written about the second US presidential debate. I want to touch on a couple of points that have not been raised:

  • The candidates appearance/body language
  • 33000 deleted emails – is this a scandal?
  • “locker room banter” – explanation for the ladies and what are acceptable limits

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Where Will Putin Strike Next?

Under Vladimir Putin, Russia has become more assertive, trying to regain its status as a superpower.

Every time Russia has made a strike, it seems that the West was caught completely by surprise. Clearly, the Western intelligence services (CIA, CSIS, MI6, Surete) have failed spectacularly.

In view of the failure of the Western intelligence services, I shall try to help them by identifying a couple of probable targets for Putin’s next strike.

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Taxing the Multinationals

 

Recently, the EU has ruled that Apple owes Ireland €13 billion in back taxes. The CEO of Apple reacted with the sort of indignation only an American can achieve when dealing with non-Americans. Columnists tended to side with Apple on the basis of their ideological biases.

Yet the central issue of taxing corporations is that globalisation and the rise of mega-corporations has not been mirrored by a rise in inter-governmental co-operation. Only such co-operation can deal with the problems.

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