South Korea's ruling People Power Party has criticized President Lee Jae-myung's proposal for a sugar tax, warning it could drive up inflation and disproportionately impact low-income households, while questioning its effectiveness in improving public health.
#YonhapInfomax #SugarTax #PeoplePowerParty #LeeJaeMyung #Inflation #RegressiveTax #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=102460
People Power Party Criticizes President Lee's 'Sugar Tax' Proposal—'Taxation Controlling Even the Dinner Table'

South Korea's ruling People Power Party has criticized President Lee Jae-myung's proposal for a sugar tax, warning it could drive up inflation and disproportionately impact low-income households, while questioning its effectiveness in improving public health.

Yonhap Infomax

@Karstan

I burned through some shoe-leather to get her elected. Literally.

Her solution to every problem seems to be to find a new #regressivetax; the transportation bill is a corporate giveaway; actual road damaging users will pay *less* and not more, instead we get #fees and #tolls on those who can least afford them.

Tax truck tires by the pound. Basta.

#pdx #orpol

I awoke to propaganda from #SocialSecurity this morning, celebrating the glorious Big Bill! W.T.A.F! #RegressiveTax

Paul Krugman exposes the "One Big Beautiful Bill Act" as a cruelly regressive law designed to enrich the ultra-wealthy while slashing crucial services for the poorest Americans. The CBO warns of significant economic losses for low-income households, with no deficit reduction in sight. This reflects a troubling alignment with authoritarian practices, prioritizing Trump over democracy. Discover more insights in the full article.

https://paulkrugman.substack.com/p/reverse-robin-hood-and-trumpian-totalitarianism
#PaulKrugman #Trump #OneBigBeautifulBill #Republicans #CBO #RegressiveTax #Healthcare #FoodSecurity #Democracy #Authoritarianism

Reverse Robin Hood and Trumpian Totalitarianism

Trump’s big beautiful bill is a sadistic monstrosity

Paul Krugman

@SeanCasten
logic is not their strong point and they are hoping that nobody will notice.

keep it simple, #Tariff are a #tax on the people of US . We should be calling it the "republican tariff tax" #RTT.

It's like the income tax only its on what you buy not what you earn. Not any different than a national sales tax.

It is also a #regressiveTax, what you pay, as a percentage of what you earn, is higher on #poorPeople

It also allows other corps to raise the price of their goods.

🙄 #AKHouMaj claim: "We are prioritizing #WorkingAKfams!!"

Fact: Their Finance Co-Chair just endorsed yet another expansion of the "most regressive tax ever proposed." A $1000 PFD = about an 83%/17% POMV split.

https://buff.ly/3QqYff3

#akleg #RegressiveTax&Spend

Major Alaska school funding boost heads toward final House vote as Gov. Dunleavy says he doesn’t support it

A proposed school funding increase is coming up against the state’s precarious fiscal situation.

Anchorage Daily News

Transit is one of the cheapest, most efficient, and cleanest ways to get people around quickly. We can't afford NOT to make it available to anyone that needs it. #ClimateCrisis #solutions #poverty #regressivetax

https://www.youtube.com/watch?v=iichSkwQyjw

#transit #bcpoli #translink #fuckcars #bancars

Should public transit in B.C. be free?

YouTube