It's a joke against austriaGermany and South Germany?
It's a joke against austriaGermany and South Germany?
Capital-Gains Tax Nears 45% in Biden's Soak-The-Rich Budget
Biden’s budget request to Congress, which is slated to be released Thursday, calls for a 25% minimum tax on billionaires, according to a White House official familiar with the proposal who declined to be named because the plan is not yet public. The plan would also nearly double the capital gains tax rate for investment to 39.6% from 20% and raise income levies on corporations and wealthy Americans.
Biden to propose 25 percent minimum tax on US billionaires
United States President Joe Biden will call on Congress to impose a 25 percent minimum tax on billionaires as part of a
series of proposed tax hikes on wealthy individuals and corporations, according to a US media report.
Seems Saudi Arabia is not onboard with BRICS, SCO, and de-dollarization. They're just trying to leverage those threats to extract better deals from the US.Saudi Arabia is asking the U.S. to provide security guarantees and help to develop its civilian nuclear program
The US has privately urged some of the world’s largest commodity traders to shed concerns over shipping price-capped Russian oil, in a bid to keep supplies stable and regain some oversight of Moscow’s exports
While Washington has never opposed trading of Russian oil within G7-agreed price curbs, the largest independent oil traders had been wary of the market. “We’ve been actively encouraged by the Americans . . . to re-engage on moving the oil,” said one trader who spoke with the Treasury.
The logical end result is that insuring, financing, and shipping in oil/gas trade will become dominated by Chinese, Indian, and Turkish companies. That supposed ~60% reduction in Russian oil/gas revenues is actually going into fattening the profit margins of Chinese, Turkish, and Indian companies.
I doubt Saudis will normalize relations with Israel anytime soon. They view themselves as leaders of the Muslim world so they need to pretend they sympathize with Palestianians and support their struggle for statehood. Normalization at a time when Israel has the most right-wing government in its history (with actual ziofascists holding ministerial positions) would simply be a poor look for them.Saudi Arabia is asking the U.S. to provide security guarantees and help to develop its civilian nuclear program