Talk of Trump Enacting a Value Added Tax to Raise Revenue Lays Waste to Retailers
The Washington Post is out with a few more leaks today, this time purporting that Trump is set to impose two liberal wet dreams on the people, VAT and carbon taxes.
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San Fran Politician Considers Legislation To Tax Robots
Continuous, aggressive innovation has been a key component of America's success since its founding over 200 years ago. As such, the country's taxing authorities have historically gone to great lengths to encourage innovation through tax incentives, public private partnerships, etc. That is, until now.
In a rather stunning Quartz interview a few weeks back, Bill Gates, who ironically made his fortune from innovation, proposed that automation should be taxed rather than incentivized.
Tesla Overtakes GM As America's Most Valuable Car Company
It's official - for the first time ever, Elon Musk's government-subsidized car-maker is America's most valuable auto manufacturer.
Tesla shares surged another 1% today, amid a continued "trouble in shortville" ramp, topping $300 for the first time...
That gives the company a total value of $52.7 billion.
That's more than GM's $49.6 billion valuation. Tesla chief executive Elon Musk says he expects the company to sell 500,000 cars next year. GM, meanwhile, sold more than 20 times that many last year.
Is The U.S. Forcing Egypt Toward A Russian Alliance?
Submitted by James Durso
“The lion is back in his den!”
Hosni Mubarak, former President of Egypt, walked free last week after six years in detention on charges of murder and corruption. What does the U.S. have to show for it? Nothing.
What Is America Going To Look Like When Stock, Housing, And Even Used Car Prices All Crash?
Authored by Michael Snyder via The Economic Collapse blog,