Green and socialist News feeds

Jacobin Magazine
View In: Green and socialist News feedsCorporate America is mad that the Inflation Reduction Act (IRA) — which may actually reduce inflationary pressures over the long term, if not now — will raise its taxes. The Financial Times has a nice collection of bleats from their trade associations: The bill would impose “significant new tax increase...

Jacobin Magazine
View In: Green and socialist News feedsNearly 500 people have become billionaires over the course of the pandemic. Stock markets have risen inexorably while unemployment has increased and real wages have stagnated. Somehow property prices, which many believed would finally start to fall as economic activity slowed, have remained stable. O...