bonds, together with interest thereon, are fully met and discharged. reedy creek currently has one billion dollars in bond debt. that one billion dollars in bond debt would also become a burden of the neighboring counties, if the anti disney law went into effect. but the law is unconstitutional. both in the state of florida and in the united states. florida s constitution, and the united states constitution, do not allow government to end it or into contracts that they simply revoked by passing a new law. florida attorney jacob schumer writes, florida simply cannot promise to perspective bond holders that it won t interfere with reedy creek, and then dissolve reedy creek. so, dissolving reedy creek is not just a $163 million tax problem for the neighboring
life in finance and economics commodity, so you can check my math but 4.3 is higher than 2.0. the problem is a spending problem and not a tax problem. the latest data just came out, friberg, federal tax revenues as a share of the economy, the shared pdg, is now hitting 19.3%. that is virtually the highest since 1960. so that s 60 revenues are flowing in at current tax rates that include corporate tax cuts from the trump era at a record pace. i would say we have a spending problem. sandra: because our tax revenue is historically high. it s booming. the top 1% pay 41% of income taxes and the only or and 21% of
i m not asking you to be a pun dit. were you surprised? everybody has to defend their record. what you say about other people says more about you. i want to be one of the people on the stage reminding folks we can fight over policy issues and who has the better idea. in a way that ultimately we can unify at the end of this and stand together. i saw this last election. i thought that was a really weakness in our party. we couldn t come together. after our primary. you seemed distressed about it especially after beto o rourke seemed to suggest that warren wanted to punish billionaires. it wasn t just a wealth tax. she was being punitive. we have a serious tax problem in the country. and letting the wealthiest continue to get tax break after tax break. straining the reality in the
jobs in this field we re already seen at there s more jobs in renewables and there are in coal there s more jobs in energy efficiency in building efficiency than there is in coal and actually if we don t take these kinds of tax problem seriously other countries little and that will affect the long term competitiveness of our countries as well china s moving fast and furious on the development of electric mobility we need to be doing the same. brenda shreyas a professor of environmental and climate policy at the technical university of munich thank you very much for joining us on. as we heard there constance in southern germany has become the first city in the country to declare a climate emergency a follow similar moves and can have our britain and switzerland in constance the local fridays for future demonstrations played a big role in moving climate change to the top of the agenda. we ll strike until you act since february these students in konstanz had been on strike to demand the
donald trump has tax problems, very big tax problems, with most taxpayers complaining that they don t feel the impact of the trump tax cuts, which were designed to give the big benefits to corporations and the super rich. no voter knows just how much donald trump himself benefitted from the tax cuts that he signed into law because we ve never seen a trump tax return. that s why democrats in the house of representatives are advancing a bill that would require presidential candidates to release ten years of tax returns, something that democratic candidate elizabeth warren has already done. the even bigger tax problem that donald trump has for his re-election campaign is that the democratic proposals for taxing the super rich are super popular. according to a new poll, a majority of voters, including republicans, support elizabeth