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Monday, December 02, 2019

Opinion: Workers Deserve a Say in Automation

“It doesn't matter how much companies talk about equality and inclusiveness. What matters are the incentives it creates for employees. Those incentives speak louder than any speeches by the CEO, or bias training workshops, or posters on a wall.”
Joanne Lipman, That's What She Said: What Men Need to Know (and Women Need to Tell Them) about Working Together 


The former chief of staff Kate Johnson ... re Ken Wyatt

For 176 years, The Economisthas been the ur-magazine of Anglophone liberalism. Can it survive an illiberal era? 



FLASHBACK: BLOOMBERG SAYS RAISING TAXES ON POOR PEOPLE IS A “GOOD THING.” “There’s just no question. If you raise taxes on full sugary drinks, for example, they will drink less and there’s just no question that full sugar drinks are one of the major contributors to obesity and obesity is one of the major contributors to heart disease and cancer and a variety of other things.”
We’re going to take things away from you on behalf of the common good, to coin a phrase.

ACTUALLY, IT HAS FOR A WHILE: Suddenly, the Chinese threat to Australia seems very real


AND AGAIN: Stabbing Attack in The Netherlands Follows London Attack


Fiona Dillon Deputy Chief Tax Counsel, Australian Taxation Office, Australia
This year marks 100 years of women being permitted to practice in law and accountancy in many countries around the world. To celebrate, the International Fiscal Association (IFA)'s Women of IFA Network has recognised key women throughout history who have contributed to and shaped the future of women working in international tax.
 


Washington Post op-ed:  Yes, Our Tax System Needs Reform. Let’s Start With This First Step, by Lawrence H. Summers (Harvard) & Natasha Sarin (Pennsylvania):

While there’s plenty of disagreement about how the money should be used, almost everyone involved in public-policy debates agrees that it would be good if the federal government could collect more revenue without raising tax rates or reducing tax deductions or credits.

It should be indisputable that investment to make sure all citizens meet their tax obligations is desirable. Such investment would raise substantial revenue, as well as increase economic efficiency and help redress growing inequality: Our rough estimates suggest that at least 70 percent of the “tax gap”— defined as owed but uncollected taxes — comes from underpayment by the top 1 percent. This contributes to legitimate concerns that our tax system unfairly advantages the elite.

Our new analysis [Shrinking the Tax Gap: Approaches And Revenue Potential] suggests that better-focused audits, raising Internal Revenue Service enforcement to previous peak levels, investing in information technology and broadening earnings reporting could raise more than $1 trillion in the next decade, primarily from very high-income taxpayers. This well exceeds the revenue benefit of raising the top individual rate to 70 percent. ...






WSJ 2What does it mean for economic growth if scientists and entrepreneurs have less incentive to amass fortunes greater than $1 billion?



Greta Thunberg, No One is Too Small to Make a Difference. "Some of her speeches, transcribed.  Call me crazy, but I think of her and Donald Trump as the two great orators of our generation, regardless of what you think of their content" What I’ve been reading by  Tyler Cowen




EU Logo (2016)Twelve EU countries, including Ireland, have blocked a proposed new rule that would have forced multinational companies to reveal how much profit they make and how little tax they pay in each of the 28 member states.


 ICE ARRESTS 90 MORE FOREIGN STUDENTS AT FAKE UNIVERSITY CREATED BY DHS IN MICHIGAN:

There were more than 600 students enrolled at the university, which was created a few years ago by federal law enforcement officials with ICE. Records filed with the state Department of Licensing and Regulatory Affairs show that the University of Farmington was incorporated in January 2016.



The U.S. will announce on Dec. 2 what retaliatory action, if any, it will take in response to a digital tax France instituted this year that will hit large American tech companies.
President Donald Trump and France's Emmanuel Macron had agreed in August to try and negotiate a compromise, but a 90-day deadline for talks expired this week without a resolution.
In a statement Wednesday, the U.S. Trade Representative's office said it would proceed with the investigation and announce its findings on Monday. At that time, it "also will announce any proposed action in the investigation."



Government spends $6.4 million on consultants for TAFE


A consultancy giant was paid $1.4 million to "assess the role and purpose of TAFE NSW".



Extortion police probe massive NDIS-related financial fraud


Police are investigating the use of a forged letter purported to be from former assistant minister and Australian Senator Sarah Henderson to convince Korean investors to part with $395 million.






The Federal Court has found that training college Australian Institute of Professional ... to consumers the VET FEE-HELP debt they would incur if they enrolled in an AIPE course..





Morrison government wipes $500 million in dodgy debt from students




Morrison government wipes $500 million in dodgy debt from ... private colleges to enrol as many “students” as they could, ... education and training shadow minister, Tanya Plibersek.


Economic Roundtable: “Amazon is flourishing as a corporation. On good days in the stock market it is worth $1 trillion, making it most valuable company on the planet. Amazon has come of age financially. This report examines its standing as a socially accountable corporate citizen, with close attention to the impact of Amazon’s logistics operations on the public balance sheet in the four-county Los Angeles region

'Breathtaking heroism': How everyday Londoners took down a suspected terrorist



How Nick Zhao made enemies, faced charges, and was allegedly asked to spy for China


In debt and facing serious criminal charges, Nick Zhao was not the ideal political candidate. But that did not stop a suspected Chinese spy from putting a proposal to him.


Yasuhiro Nakasone, who guided Japan through Cold War, dies at 101


Alleged Chinese spy target pictured sitting next to Liberal MP Gladys Liu at her home


Nick Zhao, who reported the inducement to ASIO and was later found dead, attended a local Liberal meeting at Gladys Liu's house.

Ten Years Ago, I Called Out David Letterman. This Month, We Sat Down to Talk. "It's not often that you speak truth to power and power responds, 'Oops, sorry.'"

China Bids to Lead World Agency Protecting Intellectual Property Foreign Policy

Opinion – By Sherrod Brown, Ohio’s senior US senator and Liz Schuler, secretary-treasurer of the AFL-CIO: “The Workers’ Right to Training Act allows employees to evolve as their employers adopt new tech. When the global economy shifted in the late 19th century, working people were the first to adapt. They moved to cities like Cincinnati, Cleveland, and Toledo, Ohio, and worked long hours in unsafe factories. They drove the Industrial Revolution and changed the nature of work forever. When it became clear that employers were exploiting their productivity, the labor movement formed to protest abuses like sweatshops, child labor, and poverty wages. Every day, new technology and workplace innovation is changing how we live, work, and relate to each other. The potential benefits are undeniable—higher productivity, an increased standard of living, and a cleaner, healthier world. Too often, though, when companies decide to adopt new technology, workers are left out of the conversation…”

Brookings – “… What jobs are affected by AI? - White-collar jobs (better-paid professionals with bachelor’s degrees) along with production workers may be most susceptible to AI’s spread into the economy. AI could affect work in virtually every occupational group. However, whereas research on automation’s robotics and software continues to show that less-educated, lower-wage workers may be most exposed to displacement, the present analysis suggests that better-educated, better-paid workers (along with manufacturing and production workers) will be the most affected by the new AI technologies, with some exceptions. Our analysis shows that workers with graduate or professional degrees will be almost four times as exposed to AI as workers with just a high school degree. Holders of bachelor’s degrees will be the most exposed by education level, more than five times as exposed to AI than workers with just a high school degree…”

Class Warfare Is All the Rage at the Movies New York


THEY ALWAYS SHOW YOU WHAT THEY’RE AFRAID OF: The Left’s Revealing Overreaction to Attorney General Barr’s Landmark Speech.


HOW IT'S ALL GOING: Here is the speech ABF Commissioner Michael Outram gave to the Home Affairs Industry Summit.