The Daily Shaarli

All links of one day in a single page.

November 2, 2019

Super-rich prepare to leave UK 'within minutes' if Labour wins election
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"Corbyn has not set out precisely how he would target the rich, but Labour’s 2017 manifesto pledged to impose a 45p tax rate on those earning more than £80,000 and a 50% rate above £123,000. At present, the highest income tax rate is 45% for those earning more than £150,000.

Labour would also significantly increase capital gains tax and replace inheritance tax with a “lifetime gifts” levy, with a tax-free allowance of £125,000 – less than half the current £325,000. There are also plans to increase the corporation tax rate to 26%, up from the current rate of 19%."

FBI and San Francisco Police Lied About Terrorism Task Force
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An FBI white paper reveals how the bureau’s loose rules directly undermined San Francisco’s law and policy.

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The Citizens’ Press, Leftnews.org, and What’s Left have been updated and technologies changed. Read here how you interact with the new services and make sure you do not miss any new posts.

Frustration and anger fuel wave of youth unrest in Arab world
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"Youth unemployment in the region, the highest in the world at the time of 2009 financial crisis, has grown over the past decade more than anywhere else, according to the International Labour Organization (ILO). Nearly 30% of young people in Arab states and North Africa are unable to find work; more than double the international average.

The material deprivations that helped spark the Arab spring eight-years ago have deepened, exacerbated by the war and refugee crisis that trailed in the wake of those revolts. Even in Tunisia, held up as the region’s sole democratic triumph, economic indicators are largely worse today than when the fruit vendor Mohamed Bouazizi set himself on fire in January 2011 and inspired protests across the region."

NYTimes: Warren Health Plan Tightens Democrats’ Embrace of Tax Increases
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"Polls suggest a wide range of Americans support raising taxes on the rich, and in particular a tax on the very wealthy. They also show increased numbers of Americans saying the government should do more to help them. Those trends, in addition to the concentration of wealth at the very top, are helping to drive Democrats toward more efforts to tax the rich and redistribute through the government, said Gene Sperling, a National Economic Council director under Mr. Obama."