Low tax on capital and property causes more inequality

Low tax base: a matter of happiness? There is a general perception that low tax base is good for people. This belief needs further scrutiny. Rich and wealthy may be happy on various low tax bases like low tax rates, exemptions, allowable deductions, rebates, credits, tax holidays, and so on....

Xi visits North Korea - a game changer

Chinese President Xi Jinping's two-day state visit to the Democratic People's Republic of Korea (DPRK) from June 20-21 took place about a week before the 2019 G20 summit held in Osaka, Japan. This was the first by a Chinese leader since then-president Hu Jintao visited the country in 2005. Xi,...