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Democracy Dies in Regulators' Offices: The SEC, Regulatory Creep, ESG, and 'Climate'

Democracy Dies in Regulators' Offices: The SEC, Regulatory Creep, ESG, and 'Climate'
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

New-york , United-states , Alabama , Tokyo , Japan , Oroville , California , United-kingdom , White-house , District-of-columbia , Cuba , Environmental-protection-agency

The Capital Letter -- The Biden Tax Cartel, China, Industrial Policy, and More

The Capital Letter -- The Biden Tax Cartel, China, Industrial Policy, and More
nationalreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalreview.com Daily Mail and Mail on Sunday newspapers.

Taiwan , United-states , Hong-kong , Paris , France-general- , France , Washington , White-house , District-of-columbia , Beijing , China , New-mexico

Biden's International Tax Cartel Gains Support: Capital Lette

Biden's International Tax Cartel Gains Support: Capital Lette
nationalreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalreview.com Daily Mail and Mail on Sunday newspapers.

New-york , United-states , Shanghai , China , United-kingdom , Saint-vincent-and-the-grenadines , Iran , Lebanon , Washington , White-house , District-of-columbia , Beijing

Infrastructure Unstructured

Infrastructure Unstructured
Andrew Stuttaford
© Kevin Lamarque/Reuters
President Joe Biden reacts following a bipartisan meeting with U.S. senators about the proposed framework for the infrastructure bill at the White House in Washington, D.C., June 24, 2021.
Even by the rock-bottom standards of “bipartisan” politics, the logic behind the infrastructure deal cut by the president and a collection of Democratic and Republican senators was . . . less than impressive.
As Charles Cooke pointed out on Thursday, at a point when a deal had been rumored, but not formally announced, a bipartisan agreement on a “mini” (just the one trillion) infrastructure deal would allow the Democrats

Arkansas , United-states , Washington , White-house , District-of-columbia , China , California , Capitol-hill , Brussels , Bruxelles-capitale , Belgium , Americans

The Ratchet Tightens — Oil Companies' Bad Wednesday (and Yours) -- Capital Letter

The week of May 24: climate change and corporatism, inventing an economic crisis, woke capital, and more.

New-york , United-states , Paris , France-general , France , United-kingdom , Washington , Illinois , New-mexico , Canada , Russia , Blackrock

The Capital Letter: Biden's Vaccine Blunder

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President Joe Biden speaks as he tours a Pfizer manufacturing plant producing the coronavirus vaccine in Kalamazoo, Mich., February 19, 2021.
(Tom Brenner /Reuters)
The week of May 3: waiving the COVID-19 vaccines’ intellectual-property protections, disappointing jobs numbers, and much, much more.
Just in case its tax plans were not evidence enough that the Biden administration has little understanding of the value of incentives, its proposal that intellectual-property protections should be waived in the case of COVID-19 vaccines bolstered the message that no economically productive deed should go unpunished.
The
New York Timesprovided some background:
The United States had been a major holdout at the World Trade Organization over a proposal to suspend some of the world economic body’s intellectual property protections, which could allow drugmakers across the globe access to the closely guarded trade secrets of how the viable vaccines have been made. But President Biden had come under increasing pressure to throw his support behind the proposal, drafted by India and South Africa and backed by many congressional Democrats.

India , California , United-states , New-york , Australia , Montana , Japan , United-kingdom , Texas , Washington , White-house , District-of-columbia

Another Twist of the Knife: Introducing a New Death Tax

Another Twist of the Knife: Introducing a New Death Tax
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May 1, 2021, 10:29 AM·28 min read
The devil is in the details, and while, when it comes to the Biden tax plan, Old Nick is not just lurking in the small print, one particular technical-sounding change proposed by the president is rightly attracting some attention: that is the plan to scrap the long-standing principle that if someone inherits an asset, his or her basis cost in that asset for capital-gains-tax purposes is not the price that the deceased may have paid for it (or its value when it came into the deceased’s ownership) but its market value at the time of the deceased’s death, a “break” that can be justified on grounds of basic fairness. That’s the case for various reasons, but one of the most obvious is that estate tax may well, in the case of the wealthiest, also be payable on what is left after the capital-gains tax has been paid.

New-york , United-states , Georgia , Estonia , Washington , Beverly-hills , California , China , Florida , Sweden , Environmental-protection-agency , District-of-columbia

Capital Letter: Climate & Central Banks: Regulators Doing What They Shouldn't

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European Central Bank President Christine Lagarde addresses an event to launch the private finance agenda of the 2020 United Nations Climate Change Conference in London, England, February 27, 2020.
(Tolga Akmen/Pool via Reuters)
I felt spoiled for choice when it came to a topic with which to preface this week’s Capital Letter. Dogecoin went quite a long way toward the moon, the U.N.’s secretary-general has pushed for a “solidarity” or wealth tax, and digging further into the details of the administration’s planned new corporate-tax regime produced yet more nasty surprises.
That said, I think that it’s worth continuing to watch how the regulatory state continues to push ahead with its climate agenda in a way that bypasses the normal democratic process — and is still not subject to enough scrutiny.

Georgia , United-states , Paris , France-general , France , Le-chatelier , Champagne-ardenne , Texas , Atlanta , China , Boston , Massachusetts

'Stuffing Their Mouths with Gold' — Selling the Biden/Yellen Tax Cartel

‘Stuffing Their Mouths with Gold’ — Selling the Biden/Yellen Tax Cartel
Andrew Stuttaford
© Kevin Lamarque/Reuters
President Joe Biden receives an economic briefing with Treasury Secretary Janet Yellen in the Oval Office at the White House in Washington, D.C., January 29, 2021.
At the time of the establishment of Britain’s National Health Service, Aneurin Bevan, Labour’s Health Minister, faced serious opposition from, among others, top doctors unenthusiastic at the prospect of having to rely solely on the state for their income, a potentially dangerous challenge to the nascent NHS. To calm them, he agreed that they could continue seeing private patients alongside those from the new health service.

New-york , United-states , Georgia , Alabama , Paris , France-general , France , United-kingdom , Texas , Iran , Washington , White-house

'Stuffing Their Mouths with Gold' — Selling the Biden/Yellen Tax Cartel

'Stuffing Their Mouths with Gold' — Selling the Biden/Yellen Tax Cartel
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

New-york , United-states , Georgia , Alabama , Paris , France-general- , France , United-kingdom , Texas , Iran , China , Beijing