Matthew Martin
@matthewmartinuk.bsky.social
Researcher and advocate for debt cancellation and tax justice, helping the South to build capacity to fight inequality and poverty. Fan of music, Arsenal, tennis. Proud african son of a single mother
Reposted by Matthew Martin
Trump wants to extend his tax cuts for the rich, which would add $4.6T to the deficit.
But he wants to go even further, cutting the corporate tax rate to 15%.
This would result in the 100 biggest corporations receiving a giveaway of $48B annually.
It's clear who he works for.
But he wants to go even further, cutting the corporate tax rate to 15%.
This would result in the 100 biggest corporations receiving a giveaway of $48B annually.
It's clear who he works for.
October 1, 2024 at 12:05 AM
Trump wants to extend his tax cuts for the rich, which would add $4.6T to the deficit.
But he wants to go even further, cutting the corporate tax rate to 15%.
This would result in the 100 biggest corporations receiving a giveaway of $48B annually.
It's clear who he works for.
But he wants to go even further, cutting the corporate tax rate to 15%.
This would result in the 100 biggest corporations receiving a giveaway of $48B annually.
It's clear who he works for.
Reposted by Matthew Martin
Out letter in support of essential EU workers and reform of public procurement rules…before their demonstration in Belfast tomorrow. www.uni-europa.org/news/we-supp...
"We support essential workers’ demands for a reform of EU public procurement rules" - UNI Europa
We, economists from around the world, support essential workers’ and their trade unions’ demands for a reform of EU public procurement rules that strengthens collective bargaining and improves working...
www.uni-europa.org
September 30, 2024 at 8:03 PM
Out letter in support of essential EU workers and reform of public procurement rules…before their demonstration in Belfast tomorrow. www.uni-europa.org/news/we-supp...
Reposted by Matthew Martin
The recent immigration surge will add $9 trillion to the US economy over the next decade, per CBO estimates.
"That's enormous," I told NBC. "That creates jobs, that raises pay, that is an increase in the size and complexity of the U.S. economy."
www.nbcnewyork.com/news/busines... #EconSky
"That's enormous," I told NBC. "That creates jobs, that raises pay, that is an increase in the size and complexity of the U.S. economy."
www.nbcnewyork.com/news/busines... #EconSky
Are immigrants taking jobs from ‘native' U.S. workers? Here's what economists say
There’s a strong consensus that immigrants benefit the job market and economy. But there’s a heated debate about wage impact for a subset of workers.
www.nbcnewyork.com
September 30, 2024 at 8:04 PM
The recent immigration surge will add $9 trillion to the US economy over the next decade, per CBO estimates.
"That's enormous," I told NBC. "That creates jobs, that raises pay, that is an increase in the size and complexity of the U.S. economy."
www.nbcnewyork.com/news/busines... #EconSky
"That's enormous," I told NBC. "That creates jobs, that raises pay, that is an increase in the size and complexity of the U.S. economy."
www.nbcnewyork.com/news/busines... #EconSky
Reposted by Matthew Martin
We’ve all become desensitized, but it’s amazing how at this point the Trump campaign rests entirely on denouncing things that aren’t happening — a imaginary bad economy, imaginary runaway crime and now an imaginary failure of Biden and Harris to respond to natural disaster
September 30, 2024 at 9:37 PM
We’ve all become desensitized, but it’s amazing how at this point the Trump campaign rests entirely on denouncing things that aren’t happening — a imaginary bad economy, imaginary runaway crime and now an imaginary failure of Biden and Harris to respond to natural disaster
Reposted by Matthew Martin
Trump’s policy ideas would recreate many of the same pandemic-related shocks that drove inflation in 2021-22. You could say that they would be a plague on the economy www.nytimes.com/2024/09/30/o...
Opinion | Why Trumponomics Could Lead to Trumpflation
The former president is contemplating policies that would act like a self-inflicted pandemic.
www.nytimes.com
September 30, 2024 at 9:32 PM
Trump’s policy ideas would recreate many of the same pandemic-related shocks that drove inflation in 2021-22. You could say that they would be a plague on the economy www.nytimes.com/2024/09/30/o...
Reposted by Matthew Martin
Just 150 billionaire families have poured $1.4 billion into this year's elections.
On average these super-rich families have spent $9.2M in political contributions — just 0.06% of their total wealth.
The equivalent donation for a typical household would be ~$120.
Oligarchy.
On average these super-rich families have spent $9.2M in political contributions — just 0.06% of their total wealth.
The equivalent donation for a typical household would be ~$120.
Oligarchy.
September 30, 2024 at 9:32 PM
Just 150 billionaire families have poured $1.4 billion into this year's elections.
On average these super-rich families have spent $9.2M in political contributions — just 0.06% of their total wealth.
The equivalent donation for a typical household would be ~$120.
Oligarchy.
On average these super-rich families have spent $9.2M in political contributions — just 0.06% of their total wealth.
The equivalent donation for a typical household would be ~$120.
Oligarchy.
www.theguardian.com/world/articl...
Our latest big report on worst ever debt crisis. Launched in Addis in July, challenging G-20 and new UK government to act. Will they do so to stop the debt crisis creating another lost decade for global development ? @RachelReevesMP @DavidLammy @AnnelieseDodds
Our latest big report on worst ever debt crisis. Launched in Addis in July, challenging G-20 and new UK government to act. Will they do so to stop the debt crisis creating another lost decade for global development ? @RachelReevesMP @DavidLammy @AnnelieseDodds
Developing countries face worst debt crisis in history, study shows
Spending on health and education being cut as nearly half of budgets are used to pay creditors, campaigners say
www.theguardian.com
September 22, 2024 at 3:38 PM
www.theguardian.com/world/articl...
Our latest big report on worst ever debt crisis. Launched in Addis in July, challenging G-20 and new UK government to act. Will they do so to stop the debt crisis creating another lost decade for global development ? @RachelReevesMP @DavidLammy @AnnelieseDodds
Our latest big report on worst ever debt crisis. Launched in Addis in July, challenging G-20 and new UK government to act. Will they do so to stop the debt crisis creating another lost decade for global development ? @RachelReevesMP @DavidLammy @AnnelieseDodds
www.theguardian.com/politics/202...
The same is true in all countries - tax breaks for companies hardly ever work. The best investors dont even want them: would rather gvts invest tax in education, health & infrastructure. Labour must review/abolish UK tax breaks asap.
The same is true in all countries - tax breaks for companies hardly ever work. The best investors dont even want them: would rather gvts invest tax in education, health & infrastructure. Labour must review/abolish UK tax breaks asap.
Corporate UK tax breaks to cost £20bn more than they generate, study finds
Exclusive: Relief rolled out in 2023 will cost £30bn in taxes but spur only up to £10.5bn investment, analysis shows
www.theguardian.com
September 22, 2024 at 3:05 PM
www.theguardian.com/politics/202...
The same is true in all countries - tax breaks for companies hardly ever work. The best investors dont even want them: would rather gvts invest tax in education, health & infrastructure. Labour must review/abolish UK tax breaks asap.
The same is true in all countries - tax breaks for companies hardly ever work. The best investors dont even want them: would rather gvts invest tax in education, health & infrastructure. Labour must review/abolish UK tax breaks asap.
www.theguardian.com/world/2024/s...
Dissanayake is about to win for 2 reasons: 1) austerity due to inadequate debt reduction has crucified voters; and 2) voters sick of corrupt old guard. Likely result: more debt reduction. When will creditors and IMF learn: austerity only breeds more default !
Dissanayake is about to win for 2 reasons: 1) austerity due to inadequate debt reduction has crucified voters; and 2) voters sick of corrupt old guard. Likely result: more debt reduction. When will creditors and IMF learn: austerity only breeds more default !
Sri Lankan presidential election to be decided in runoff vote count
Anura Kumara Dissanayake and Sajith Premadasa go forward after no candidates gained 50% in first round
www.theguardian.com
September 22, 2024 at 12:44 PM
www.theguardian.com/world/2024/s...
Dissanayake is about to win for 2 reasons: 1) austerity due to inadequate debt reduction has crucified voters; and 2) voters sick of corrupt old guard. Likely result: more debt reduction. When will creditors and IMF learn: austerity only breeds more default !
Dissanayake is about to win for 2 reasons: 1) austerity due to inadequate debt reduction has crucified voters; and 2) voters sick of corrupt old guard. Likely result: more debt reduction. When will creditors and IMF learn: austerity only breeds more default !