Posts Tagged ‘tax reform’

Occupy Cottage Cheese

November 1, 2011

Occupy Cottage Cheese

Hundreds of thousands of middle class Israelis began protesting a huge jump in dairy prices this summer, resulting in the largest demonstrations the country has ever seen. These soon became protests about widening economic inequalities in the small nation.

The protests are getting results. The Israeli cabinet has just approved a new tax plan reducing taxes on low-income wage earners and raising them for the rich and for corporations. Other new policies include cuts to the defense budget.

(more…)

Gaming the System

September 16, 2011

Gaming the System

“The United States government offers tax incentives to companies pursuing medical breakthroughs, urban redevelopment and alternatives to fossil fuels.

It also provides tax breaks for a company whose hit video game this year was the gory Dead Space 2, which challenges players to advance through an apocalyptic battlefield by killing space zombies.”

— “Rich Tax Breaks Bolster Makers of Video Games,” David Kocieniewski, New York Times

Short link: http://wp.me/p6sb6-b6d

Image by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com

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