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Search Result for “taxes”

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OPINION

The year of the woeful world leaders

News, Leonid Bershidsky, Published on 28/12/2018

» The dictionaries have decided on their 2018 words of the year. Oxford picked "toxic". Merriam-Webster went for "justice". Collins chose "single-use". However, I'd zero in on "misgovernment". Surely, 2018 saw a number of countries misruled by the worst crop of world leaders in recent memory.

OPINION

Fighting tax dodgers can kill growth

News, Leonid Bershidsky, Published on 26/07/2018

» It's easy to be outraged about multinational corporations' shifting of profits to tax havens, but much harder to figure out how to stop them from doing it without hurting the economy. Evidence exists that curbing tax avoidance opportunities makes these firms move actual jobs, not just accounting profits, overseas.

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OPINION

Innovation no fix for urban transport ills

News, Leonid Bershidsky, Published on 03/07/2018

» Urban transportation is undergoing a revolution. Offerings such as Uber and Lyft, as well as car- and bike-sharing services are widely believed to reduce congestion and generally make urban dwellers more mobile; driverless cars are expected to provide further benefits. Yet the notion that these innovations always make things better is far from a given: The new services are a net good only if they complement traditional public transportation systems rather than compete with them.

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OPINION

Authoritarian cryptocurrencies are on the march

News, Leonid Bershidsky, Published on 18/10/2017

» With Russia and China both embracing the idea of sovereign cryptocurrencies, it's time to ask a simple question: Why is a technology threatening to decentralise money so attractive to highly centralised, authoritarian regimes?

OPINION

Turnover tax on global technology giants is sheer folly

News, Leonid Bershidsky, Published on 20/09/2017

» Ten European Union countries' finance ministers have signed a letter calling for a tax on the revenues of multinational tech companies that have been hiding away their European profits. But European leaders should proceed with caution, because a turnover levy may not be the best solution to this multi-billion-dollar problem.

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OPINION

Happy nations don't only focus on economic growth

News, Leonid Bershidsky, Published on 22/03/2017

» The Socialist candidate for the French presidency, Benoit Hamon, says he doesn't believe in the "myth" and "quasi-religion" of growth -- it's part of the "consumerist, productivist and materialist model" of development, he argues.

OPINION

Politicians should be keeping their money at home

News, Leonid Bershidsky, Published on 07/04/2016

» Ramon Fonseca, a founding partner of Mossack Fonseca, the Panamanian offshore incorporator that has suffered the biggest leak of privileged information in history, has told Financial Times that the investigations stemming from the leak are an attack on the basic human right to privacy. Dmitri Peskov, spokesman for Russian President Vladimir Putin, described them as an attack on his boss ahead of the 2018 presidential election. The investigative journalists themselves see their effort as a strike against corruption and money-laundering. So what purpose do the Panama Papers investigations really serve?

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OPINION

Defining 'greatness' at core of 2016 presidential race

News, Leonid Bershidsky, Published on 23/03/2016

» In two months on the road covering the 2016 presidential primaries, I've seen the US going through something of an identity crisis, after decades of dominance. The candidates are talking about what the voters are thinking about: What does it mean for the US to be great? 

OPINION

How countries play the World Bank's rankings

News, Leonid Bershidsky, Published on 03/11/2015

» For some governments, improving their country's standing in the World Bank's Doing Business survey has become a national priority. Yet the results of such efforts sometimes are deceptive.