Posts Tagged ‘windfall’

Summers: Biden Should Kill Talk of Windfall Profits Tax ‘as the Single Most Important Thing He Can Do to Incentivize Oil Companies’

During a portion of an interview with Bloomberg on Friday, economist, Harvard Professor, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers said that President Joe Biden “should stop all talk of windfall profits taxes as the single most important thing he can do to […]

Terrorist strikes in Kabul: A political windfall for Taliban

The horrific terrorist strikes in Kabul on Thursday which killed at least 12 US servicemen and dozens of civilians will lead to a higher level of cooperation between the US and the Taliban. The commander of CENTCOM Gen. Kenneth McKenzie disclosed to journalists on Thursday that the US was already sharing information on terror threats […]

Corporate Investors, Not Workers Get Trump Tax Windfall

Corporate Investors, Not Workers Get Trump Tax Windfall Almost 60% of Tax Benefits Will Go To Shareholders, 6% to Workers In 2018, the Russell 1000 companies we track and analyze for our rankings are set to receive a tax windfall of nearly $150 billion. How will companies distribute this money? Who will benefit most? Will […]

Saudi seeking greater contribution to US-led airstrikes: Pentagon

The United States says Saudi Arabia has proposed to expand its role in the air campaign by the US-led coalition on purported positions of the Takfiri Daesh terrorist group. US Defense Secretary Ash Carter was speaking on Thursday following a meeting with Saudi Deputy Crown Prince Mohammad bin Salman Al Saud, who also serves as the kingdom’s […]

Turkey plans on installing anti-aircraft missiles along Syrian Border

     Ankara launched a new round of negotiations with the Franco-Italian concern Eurosam to install anti-missile systems on the border with Syria due to the worsening situation, a Turkish newspaper reported. The Turkish authorities in connection with the deteriorating situation on the border with Syria have decided to install anti-aircraft missiles (SAMs) on the border. […]

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