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German elections last Sunday saw the success of a sweeping attempt to stop a housing crisis. In Berlin, the city’s skyrocketing rents and leftist politics came together to produce a referendum, approved by 56% of the city’s voters, which calls on the city’s governing body to socialize much of its housing stock. In the wake …

This is a rush transcript. Copy may not be in its final form. AMY GOODMAN: This is Democracy Now!, democracynow.org, The War and Peace Report. I’m Amy Goodman. We’re joined now for Part 2 of our interview with Yanis Varoufakis, member of the Greek Parliament, former finance minister of Greece. We spoke with him about …

Currently, the tax code stipulates that unrealized capital gains are not taxable income. This means that someone who owns stock or property that increases in value does not pay tax on that increase until they actually sell that asset. This policy allowed the richest Americans to get richer by minimizing their tax obligations. What would …

Five-year plan for a progressive and inclusive market The Securities Commission Malaysia (SC) launched its third Capital Market Masterplan (CMP3) last Tuesday, Sept 21, during a time of turbulence and unprecedented disruption. Against this backdrop, the SC has developed a five-year framework for a more inclusive market and a shared journey of recovery as Malaysia …

travnikovstudio / iStock.com In an article titled “Why Gen Z Turns to Socialism,” Vice explained why Democratic Socialist Bernie Sanders has been so successful in uniting so many Gen Z members through so many progressive causes and movements. It turns out that young people found common ground in a perceived common enemy: the capitalist system. …

Michael K. McMahan Tucked away in the massive $ 3.5 trillion budget proposal currently pending in the United States House and Senate is a provision that prohibits the investment of pension plan assets, including IRAs, in private companies. Of the many provisions in this law that will kill jobs, this will prove to be one …

Smartphones have the potential to reverse the pandemic-induced learning crisis. © World Bank Almost nine in ten children in sub-Saharan Africa have learning difficulties, in that they are unable to read and understand simple text before the age of 10. The pandemic is exacerbating this “learning crisis”, especially for poor and vulnerable households who do …

The Lagos State Government has joined the lawsuit challenging the collection of value added tax by the Federal tax service (FIRS). Before that, the state has established a law to impose and invoice VAT as a court of appeal ordered states to maintain the status quo pending the decision of an appeal filed by FIRS. …

The action or inaction of Congress on the federal tax changes contemplated in the Build Back Better plan could have significant implications for states on many fronts. One critical area to note is the basis of income tax law: establishing the definition of income that most states will use to administer their own income taxes. …

The MPs, led by businessman and deputy chairman of the parliamentary industry committee Mohamed El-Sallab, said their legislative amendment followed an announcement by Finance Minister Mohamed Mait in early September that the new law on capital gains tax would be implemented in January 2022 as scheduled. “The announcement has hurt business and trade in the …