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#tax

84 posts47 participants6 posts today

France wants to make its one-off wealth tax permanent.

France's economy minister said Sunday that he wants to make a temporary tax on the wealthy into a permanent levy to make government financing "more equitable."

Eric Lombard said the measure would be part of efforts to find 40 billion euros next year, mainly from savings, to bring the public deficit to 4.6% of GDP in 2026.

mediafaro.org/article/20250413

France's Minister of Economy, Finance and Industrial and Digital Sovereignty Eric Lombard in Warsaw, Poland, on 11 April 2025. | WOJTEK RADWANSKI / AFP
Le Monde · France wants to make its one-off wealth tax permanent.By Le Monde
Continued thread

Day 16 cont 💰💰💰💰🏡🏠🏚️

“two leaders ( / / / ) drew swift criticism for promising breaks and deposit that could fuel for homes without doing enough for , prompting economists to warn of a surge in .”

/ / / <archive.md/JNmvu> / <theage.com.au/politics/federal> (paywall)

Australian companies caught in the US-China trade war
By Emilia Terzon

From toy brands to fashion labels, some Australian firms are facing tariffs way above the 10 per cent "baseline". Company owners say they are not getting enough support as they navigate soaring tariffs to send Chinese-made goods into the US.

abc.net.au/news/2025-04-14/aus

ABC News · Australian businesses manufacturing in China caught by steepest US tariffsBy Emilia Terzon

This is basically what my next book is about - listen to Bruce Cumings on the American establishment's love for the right-wing, pro-Japanese, collaborationist faction of South Korean politics - and of course the reactionary LDP in Japan.

x.com/TimothyS/status/19101581

#tariffs #sanctions #economy
#nippon #japan #tax #finance #brics #tech #geopolitics #AntiImperialism #tiktok #cdnpoli #canada #usa #democracy #southkorea #china #russia @blackmastodon @politics
#geopolitics #war

Except the big industrial unions - the UAW & USWA - capitulated to economic nationalism and blamed "foreign" autos & steel for their demise instead of focusing on how AMERICAN banks and private equity helped build Japan and South Korea's export capacity.

hartmannreport.com/p/trumps-fa

#union #UAW #labor #work
#tariffs #sanctions #economy
#japan #tax #finance #brics #tech #geopolitics #AntiImperialism #tiktok #cdnpoli #canada #usa #democracy #southkorea #china #russia @blackmastodon @politics

The Hartmann Report · Trump’s Factory Fantasy: The Middle Class Won’t Rise Without Unions. Full stop.By Thom Hartmann