Thursday, December 07, 2017

What the future of work will mean for jobs, skills, and wages

The greatest evils in the world will not be carried out by men with guns, but by men in suits sitting behind desks.
— C. S. Lewis, born in 1898

William Taubmann, Gorbachev: His Life and Times


Malcolm Turnbull rejoices in vote for marriage equality, shares sleeping habits

Jeremy Hunt attacks Facebook over app aimed at childrenGuardian. UK health secretary on the offensive.
Germany Preparing Law for Backdoors in Any Type of Modern Device Bleeping Computer (Chuck L). Help me. “Force manufacturers to include backdoors”? How about “tell German authorities about the backdoors that already exist.”
Eric A. San Juan (Georgetown), Who Pays the Price of Civilization?, 9 Colum. J. Tax L. 45 (2017)

ATO eyes legal fight against BHP, Rio over Singapore hubs





Treasury IG to report on completed tax bill analysis that was not released

ThinkProgess: “Treasury watchdog to investigate why analysis of GOP tax bill was never made public. Sen. Warren said the department has “grossly misled” the public. The Treasury Department’s inspector general has opened an inquiry into why the department’s analysis of the Republican tax plan hasn’t been released to the public, following a request from Sen. Elizabeth Warren (D-MA) Thursday. Treasury Secretary Steve Mnuchin has been a strong advocate for the plan. As Warren notes in her letter, he has made sweeping promises about its effects, including saying that the plan will “pay for itself with growth” and pay down debt. Both claims have been disproven by a number of independent economists. On Thursday [November 3, 2017], the Joint Committee on Taxation (a nonpartisan congressional committee) released its own analysis that estimated that the tax cuts Republicans hope to pass will add $1 trillion to the deficit, and even the most generous analyses assuming strong economic growth do not show that the bill would “pay for itself.”  “Despite a lack of evidence to support his assertions, has claimed that ‘100 people are working around the clock on running scenarios for us’ to show that these corporate tax cuts will pay for themselves,” Warren writes in her Thursday letter to Inspector General Eric Thorson that called for an inquiry. Mnuchin, as Warren notes, has promised to release the department’s analysis, but, she writes in her letter, “as Senate Republicans prepare to vote within the next day on the tax plan, the Department of the Treasury has failed to produce any economic analysis” supporting his claims…”

 I’d like to know exactly who is getting away with not paying their “fair share.” IRS Losing $458 Billion a Year but Not Trying to Collect It.


As many as 375 million workers around the world may need to switch occupational categories and learn new skills…McKinsey Global Institute’s latest report, Jobs lost, jobs gained: Workforce transitions in a time of automation (PDF–5MB), assesses the number and types of jobs that might be created under different scenarios through 2030 and compares that to the jobs that could be lost to automation…”

Plutus Payroll scandal may have tangled major government agencies: Finance