Alaska gets 90% of its budget from oil taxes, and now that budget is $3.5 billion short.
Extreme wealth is not just subject to virtually no tax; it is a magnet for public funds.
The government blames the nationwide protests on groups seeking to “destabilize the country” and undermine the “reform agenda.” But in this militarized, corrupt society, the risk of escalation of violence is immense.
Resistance not only from certain quarters of the largely disenfranchised public but also from the least likely national governments.
The policy of the Spanish government has been to threaten Catalonia and sow seeds of discord in its fragile coalition government. Now it’s reaping the spoils.
In the worst case scenario, financial chaos would ensue, in Madrid and in Catalonia.
A true debacle is unfolding. Just when we thought the euro was finally safe.
By birth I am English, with Scottish and Welsh ancestry. I like that our cultures are rich, intertwined, yet different. But if I were Scottish and had the opportunity to escape the politics of Westminster, I’d vote for independence in a heartbeat.
So let’s get one thing straight. Uber is not an exciting entrepreneurial endeavor. Quite the opposite. It’s backed by three of the largest corporations in the world, all merged together to again outspend the underdog and disrupt the middle class.
The spurious argument that the taxpayer should pay so that Boeing could increase its profit from $5.25 per share to $6 per share.