Finland has become the latest country to propose a basic income for all. Under the plan, all Finnish citizens would receive an 800 euro stipend, per month, tax-free. Questions: 1. Based on the current exchange rate, what amount of U.S. dollars is this equal to? 2. What incentive does Finland have to implement this proposal?… Read more »
Posts Tagged: international issues
Limiting Public Exposés: China’s Crackdown on Information about Officials and Social Elite
There is a chilling crackdown on due diligence companies in China. In an effort to tighten access to company records at local industry and commerce bureaus, the Chinese government arrested Peter Humphreys and his wife, who run a due diligence company that works for many multinational companies in China. Access to these bureau records is… Read more »
The Virtues of Paying Taxes in Italy
A new blitz of public service announcements and speakers at local schools are trying to raise the social stigma on tax evasion in Italy, as the country struggles to reduce its $2.5 trillion public debt and fend off speculative attacks. Other tougher measures will allow tax officials to peer into Italians’ bank accounts to check… Read more »
Love those 50’s Cars!
Cuba’s Raul Castro has outlined hundreds of reform measures in preparation for the big Communist Party Congress that starts this weekend, the first since 1997. Among these, Cuba’s cars and homes will go on sale soon as part of sweeping economic changes. These major changes include Cuba’s property laws. The reforms could lead to a… Read more »