junesim63, to random
@junesim63@mstdn.social avatar

Graham King, an Essex businessman who won government contracts paying his firm £3.5m a day for transporting and accommodating asylum seekers has been named among the 350 richest people in the UK.

Profiting from misery the UK way.

https://www.theguardian.com/business/article/2024/may/17/british-asylum-housing-tycoon-breaks-into-sunday-times-rich-list

junesim63, to Economics
@junesim63@mstdn.social avatar

The Brazilian government has an ambitious proposal – for an annual global tax levied at 2% on the wealth of the world’s billionaires. The French economist Gabriel Zucman has been asked to draw up a detailed plan for how a billionaire wealth tax would work ready for a meeting of G20 finance ministers in July.

#Billionnaires #WealthTax #G20 #Taxation #Economics #Brazil

https://www.theguardian.com/commentisfree/article/2024/may/02/brazil-global-tax-billionaires-perfect-sense?CMP=firstedition_email

SuigSays, to random

So much this ☝️

jikodesu, to random
@jikodesu@mastodon.social avatar

If we can't tax the rich, can we hike taxes for their SUVs, luxury cars, private jets, yachts, 2nd/3rd mansions instead?

ChrisMayLA6, to tesla
@ChrisMayLA6@zirk.us avatar

Oh dear, like are always arguing that is great when different bits of the can talk to each other & coordinate their data its good for the consumer...

Imagine his growing horror as 's labour dispute in has seen talking to each other and coordinating their activities... now Tesla's rubbish is not being collected by (unionised) refuge collectors...

Yes, Elon coordination is good, especially for seeking better wages from !

jikodesu, to Philippines
@jikodesu@mastodon.social avatar

PH billionnaire Sy family doesn't think they are rich enough. They even have to sell your BDO account data.

https://www.yugatech.com/fintech/bdo-app-requires-you-to-waive-bank-secrecy-rights/

chris, to Canada
@chris@mstdn.chrisalemany.ca avatar

Back in the day there were 7 large Pulp and/or Paper Mills on Vancouver Island. They were the major employer in Port Alice, Gold River, Powell River, Campbell River, North Cowichan/Crofton, Nanaimo (Harmac), and Port Alberni.

Gold River closed permanently 20 years ago.
Campbell River closed permanently 15 years ago.
Harmac was sold to the employees 15 years ago, it continues.
Port Alice closed permanently 10-15 years ago.
Powell River closed permanently this year.
Crofton has been 'curtailed' for last 3 months due to 'market conditions’ (see link). The outlook is not bright.
Port Alberni is the last “company mill” on the Island and has avoided most of the turmoil at least outwardly.

Other than Harmac, the last 3 mills were the final ones owned by one entity. That entity, Paper Excellence, is owned by a member of the Wijaya family who run a huge conglomerate in Indonesia: Sinar Mas.

It's just numbers on a spreadsheet now.

I expect Port Alberni's mill to be closed within 5 years.

There are lots of reasons for the shutdown, but I believe the major one is company consolidation and offshoring of global pulp and paper production.


https://www.albernivalleynews.com/trending-now/crofton-mill-extends-shutdown-another-month-3099321

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