Netflix has made a lot of news this past week, and it’s not because of the Ted Bundy documentary or all those fools doing the Bird Boxchallenge. No, it’s something that is even more galling, particularly to those who oppose corporate greed and income inequality: the company paid virtually no US taxes in 2018. According to a blogpost from the Institute on Taxation and Economic Policy, the company posted its largest ever profit in 2018 – $845m – but paid no federal (or state) income tax. “After a year of speculation and spin, the public is getting its first hard look at how corporate tax law changes under the Tax Cuts and Jobs Act affected the tax-paying habits of corporations,” senior fellow Mathew Gardner wrote. “The law sharply reduced the federal corporate rate, expanded some tax breaks and curtailed others. The new tax law took effect at the beginning of 2018, which means that companies are just now closing the books on their first full year … [Read more...] about How did Netflix get away with not paying income tax in 2018?
When governor rule imposed in jk in 2018
Protesters in the oil-rich province of Basra took to the streets for the sixth straight day on Sunday to demonstrate against unemployment, corruption and poor services. Dozens of demonstrators were wounded in clashes with police in Basra city on Sunday after protesters attempted to storm the governor's headquarters, according to a reporter with news agency AFP. Police fired water cannons and tear gas to disperse protesters. Iraqi Prime Minister Haider al-Abadi, who is also commander-in-chief, ordered troops and reinforcements to Basra and several southern cities in a bid to quell the unrest. There were also widespread reports of the internet being shut down or throttled across parts of the country. On Friday, Abadi rushed from a NATO summit in Brussels to Basra to meet with local officials and tribal leaders in a bid to restore calm. He was met with a growing wave of protests despite summer temperatures that reach 49 degrees Celsius (120 Fahrenheit). On Saturday, he … [Read more...] about Protests spread from oil-rich Basra across southern Iraq
Earlier this week a new report from the National Association for Business Economics said that the 2017 Tax Reform Act had no major impact on how US businesses invested or hired. The report concluded that the number of businesses who said they do not plan to accelerate their investments rose to 84% from 81% a quarter earlier. In fact, spending plans from businesses fell to their lowest levels since July 2017. Employment growth did improve, but only modestly, with just a third of the respondents saying their employment at their firms grew this quarter compared to 31% the previous quarter. The good news is that the most of the survey’s 106 business economists who belong to the association and who responded to the survey do not expect a recession within the next 12 months. Nearly two-thirds – 64% – of respondents expect expansion. But the damage was done and opponents of the bill pounced. “So far, the investment response has been modest and underwhelming,” … [Read more...] about We shouldn’t declare Trump’s $1tn tax cut a failure just yet
Send for Justine! Ed Miliband's wife to come out fighting for under-fire Labour leader at party conference in bid to woo voters Justine Thornton to make series of high profile appearances this monthLabour planners will use Brighton conference to launch her into public eyeEd Miliband faces rough ride over reforms to party links with the unions By Matt Chorley, MailOnline Political Editor Published: 10:13 GMT, 9 September 2013 | Updated: 16:38 GMT, 9 September 2013 e-mail 103 View Labour party bosses are to give Ed Miliband’s wife Justine a more high profile role in a bid to give her husband a popularity boost.The child actress-turned-barrister is expected to make a series of public appearances and speeches at the Labour party conference last this month to ‘humanise’ her husband.But the decision to use Ms Thornton on the political frontline will draw comparisons with failed attempts by Gordon Brown and Iain Duncan Smith to use their other halves to … [Read more...] about Send for Justine! Ed Miliband’s wife to come out fighting for under-fire Labour leader at party conference in bid to woo voters
No time for ceremony. No formalities. The first question not yet asked. "The IS problem will last another 100 years," Ahmed Mohammed Abdulrahman says in his big, booming voice. The 46-year-old has big hands, too. As he talks, he draws patterns in the air in his ramshackle office. Abdulrahman has met foreign journalists before and he clearly enjoys the attention. He's the mukhtar: the elected neighborhood mayor in the Hamam Manqush district. It belongs to the old walled town of war-ravaged western Mosul, where the "Islamic State" (IS) had its last stand. "Children from IS families and children from other families are constantly fighting with each other. Without reason. They just fight. And they blame each other all the time. The more IS families want to come home, the more problems we face," he says. "Maybe a soccer stadium would be a good idea so that the kids can get rid of their energy in a good way." The neighborhood of Hamam Manqush in Mosul's … [Read more...] about Iraq’s Mosul faces years of difficult reconciliation