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Labourers paid rich tributes May 2, 2021 ISLAMABAD: Special Assistant to Prime Minister (SAPM) on Climate Change Malik Amin Aslam on Saturday paid rich tributes to the labourers and workers on World Labour Day. The labourers were the foundation to the development of any nation and their role in society was crucial towards nation-building, he said, adding, “That’s why we are providing maximum daily waged jobs under massive plantation and green initiatives,” the SAPM said in his message on Labour Day. Amin said that World Labour Day was celebrated in the memory of the uprising of labourers in Chicago back in 1886 where people used to pay homage and tribute to their sacrifices. ....
Democrats are among the doubters of Joe Biden s plan to tax the rich 28 Apr, 2021 01:47 AM 6 minutes to read Joe Biden s plan is expected to contain a near-doubling of the tax rate on capital gains and dividends for people earning more than US$1 million. Photo / AP Joe Biden s plan is expected to contain a near-doubling of the tax rate on capital gains and dividends for people earning more than US$1 million. Photo / AP Financial Times By: James Politi, Lauren Fedor, Andrew Edgecliffe-Johnson and Michael Mackenzie In April 2011 Barack Obama invoked the support of Warren Buffett, the billionaire investor, to try to persuade Congress to impose a minimum 30 per cent tax on Americans earning more than US$1 million ($1.3m) ....
PTI gave Rs20b amnesty to 56 rich families, says Bilawal Top Story April 28, 2021 ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari has strongly criticised the PTI’s new Pakistan for having separate laws for the rich and the poor, saying that Imran Khan, who raised the slogan of not two but one Pakistan, created a separate Pakistan for the rich and a separate Pakistan for the poor. “In the new Pakistan, there is relief for tax evaders through amnesty schemes and inflation for the salaried class of taxpayers, while Imran Khan’s change is only to reward the rich by snatching subsidies from the poor,” he said in a statement on Tuesday. Bilawal said Imran Khan’s economic initiatives are benefitting only certain capitalist families of the country. “The selected prime minister on the one hand gives amnesty to his capitalist friends to legalise nameless properties and on the other hand issues ordinance for expensive electricity,” h ....
Letters: Career ladder the way out of poverty 26 Apr, 2021 05:00 PM 3 minutes to read One reader thinks moving up the career ladder is the best way to stay out of poverty. Photo / 123RF One reader thinks moving up the career ladder is the best way to stay out of poverty. Photo / 123RF Whanganui Chronicle We are constantly told the rich are getting richer at the expense of the poor and the only way to help the poor up is to tax the rich more. A report from Treasury contradicts this picture. The report divided income earners in New Zealand into ventiles (bands of 5 per cent) and followed the taxable income of each person within the band over the period 2002 to 2006. ....
Covid 19 coronavirus: India s rich and famous flee country s outbreak on private jets 27 Apr, 2021 07:11 AM 3 minutes to read Cases have now increased for the ninth straight week said the Director General of the WHO, as the COVID-19 pandemic continues to intensify around the globe. Video / AP Cases have now increased for the ninth straight week said the Director General of the WHO, as the COVID-19 pandemic continues to intensify around the globe. Video / AP news.com.au Wealthy people in India have been escaping the country on private jets and commercial airfares are skyrocketing as the country s Covid-19 crisis worsens and international borders snap shut. ....