A gentleman-farmer (actually he’s more like a gentleman-builder) by the name of Charles Hugh Smith recently put into clear words a concept which has been bothering me for a few years now. There is never ending talk of shortfall of revenue to fund Western social systems and medicine. At the same time, our largest companies are not paying taxes – or at least very few. With a corporate tax rate at 35% (United States, Europe is similar) but real payments hovering around 10% with technology companies aiming at less than half that, it’s not a wonder our social systems are falling apart.
There’s a great deal of noise right now about Donald Trump’s contacts with Russia and particularly a couple of emails his son Donald Trump Jr.’s interaction with Russian lawyer Natalia Veselnitskaya. Those who should know better have suggested that Russia and its president Vladimir Putin were directly seeking to interfere with the US Presidential election. Remedies include Trump’s impeachment and some kind of war with Russia. This viewpoint strikes me as both highly naive not to mention deeply hypocritical.