by Karl Fitzgerald | Jun 17, 2009 | Commentary
The Business Council of Australia wants to raise GST in return for a halving of corporate tax rates in its latest Henry Review submission. This will increase the regressive rate of taxation upon the less privileged. With effective corporate tax rates at barely 5% due...
by Karl Fitzgerald | Jun 15, 2009 | Articles
photo credit: josef.stuefer The Yekaterinburg Turning Point: De-Dollarization and the Ending of America’s Financial-Military Hegemony Michael Hudson Challenging the American Empire will be the prime focus of extended meetings in Yekaterinburg, Russia (formerly...
by Karl Fitzgerald | Jun 11, 2009 | Articles
photo credit: //endless∞ John Young In all the discussion about the economic crisis and its causes, the part played by land prices is nearly always underrated. The unique character of these prices is usually not even recognised. I am not speaking of the price of the...
by Karl Fitzgerald | Jun 10, 2009 | Articles
photo credit: id-iom Dr Michael Hudson Breaking News: Dr Hudson will tour Australia in October 09 Last month the G-20 authorized the International Monetary Fund to increase its loan resources to $1 trillion. It’s not hard to see why. Weakening currencies in the...