Commentary / World | The Year Ahead: Reckonings Jan 9, 2022
by Anne Case and Angus Deaton
While many commentators with alternative calculations have questioned the extent of rising income inequality, none has succeeded in dismissing the trend.
Commentary / World | The Year Ahead: Reckonings Jan 3, 2022
by Jeffrey D. Sachs
America’s politics have become an insider’s game to favor the super-rich and corporate lobbies at the expense of the overwhelming majority of citizens.
Business Nov 15, 2021
Elon Musk taunts Bernie Sanders, suggests he’d sell more Tesla stock
Musk, the world's wealthiest person, targeted Sanders, saying, "I keep forgetting that you’re still alive," after after the U.S. senator repeated his call for the ultrarich to pay more tax.
National Nov 10, 2021
Kishida's new policy realization panels stirring confusion in Japan
The rush to set up the panels, dealing with a range of issues, is seen as part of the prime minister's drive to produce achievements ahead of next summer's House of Councillors election.
Business | ANALYSIS Oct 30, 2021
Amid inequality debate in Japan, capital gains tax hike may have unintended effect
by Kazuaki Nagata
Middle-class investors would likely end up paying a larger share than the rich, undercutting the goal of redistributing wealth.
Business | FOCUS Oct 27, 2021
Xi’s toughest ‘common prosperity’ test is raising China’s taxes
Hiking taxes wouldn’t seem difficult in the one-party state. But the Communist Party is sensitive to public opinion, and taxes are as politically fraught in China as anywhere else.
Business Oct 15, 2021
Kishida administration to start discussions on 'New Capitalism' soon
In a shift from neoliberalism, Kishida is seeking to rebuild the country's middle class through income redistribution.
Business Oct 12, 2021
Japan confronts rising inequality after Abenomics
by Kantaro Komiya and Leika Kihara
Rather than curing societies financial ills, the former prime minister's economic plan has left a divide in its wake.
World Oct 11, 2021
Contentious climate debate: Should rich nations pay for damage done to poorer countries?
by Todd Gillespie
Developing nations contribute the least to climate change but they are the most affected, leading some to discuss whether or not developed nations should take responsibility for the damage.
Business Oct 11, 2021
Kishida says no plan to alter capital-gains and dividend taxes
Kishida, who has vowed to rectify wealth disparities, had previously said reviewing those taxes would be an option in addressing income gaps.
Business / Financial Markets Oct 9, 2021
Investors fear talk of taxes in Kishida’s ‘new capitalism’
by Gearoid Reidy and Min Jeong Lee
Fumio Kishida’s first speech to the Diet as Japan’s 100th prime minister was an impassioned performance compared to his staid predecessor, but it did little to relieve investor concerns.
Commentary / World Oct 8, 2021
Pandora Papers show the rich will always find a way
by David Fickling
For all the revelations about the shadow global financial system for the wealthy since the ICIJ’s first revelations in 2013, it’s striking how little has changed.