Communist and other left wing parties who put enormous pressure in their parliaments and so on to target monopolies that are basically ripping everybody off so thats why they have more of a movement having said that being more into taxing big corporations in america isnt saying very much unfortunately so yeah the europeans are ahead of us but theres a lot of wheeling and dealing behind the scenes that goes on and there is a serious risk that the europeans in order to placate their own people will give a little slap on the wrist to these big corporations but whether theyll go further and really deal with the problem thats a little more of a question on one issue however they will go further they are furious that big corporations can pick and choose in europe which scum tree to locate in for example. Many have gone to ireland because the irish have a very low corporate profit rate so they get the pay low rates it whichever country has the lowest 1. 00 so the countries compete with one an
Overcome that divide. Ju all that and more on tonights pbs newshour. Newshour has been provided by b nsf railway. Consumer cellular. Supporting social entrepreneurs and their solutions to the worlds most pressing problems. Small foundation. Org. The lemelson foundation. Committed to improving lives through invention and the u. S. And developing countries. On the web at limbo and. Org. Supported by the john d. And caerine t. Macarthur foundation. Committed to creating a more peaceful world. And with the ongoing support of these institutions. This program was made possible by the corporation for public onoadcasting, and by contribu to your pbs station from viewers like you. Thank you. Judy no there iest for the wildfire weary in Southern California. A fire that exploded in life before dawn threatened thousands of homes today, and a president ial landmark. Stephanie begins our coverage. Reporter a new day, a new fire outside los angeles. Thisime in simi valley where winds of 70 miles an h
Everything over to the shoulder. Stop in conditions. You have another crash. Give yourself a few extra minutes this morning. Always using one of the parkway. 280 looking pretty good. 87 right now. Only eight minutes over towards onetoone. The rest of the bay area very quiet with the exception of this unusual slow it go conditions. Out of the tracy area into the past. Traffic is freeflowing in both directions. No delays as you hit the interchange. A 35 minute drive time. Deafly friday on 580. So far so good on the eastshore freeway command. Police are searching for the suspect accused of a a cemetery. Police said the suspect into the widower at the mission city Memorial Park. It happens saturday, september 14. The 91yearold victim was sitting in a chair next to his wifes great. Listed that is when the suspect used a large rock to hit the victim behind the head. Then he robbed them just before 11 am. Many people say this will not keep them away. Is like the victim that was tendered days
O. E. C. D. Would address the problem of corporations exploiting official locations of licenses or patents to lower or totally evade taxes followers of big tech reporting noted the inclusion among the proposals of some from u. S. Delegates as well as targeting companies outside the u. S. Dominant tech sector those 2 developments were taken to signs that the proposal may be likely to receive an official green light from the new from the United States the u. S. And the European Union have been clashing recently over whether and how to rein in the big names from the u. S. Amazon facebook and google among others. Joining us now to give us a handle on the economic events of the day is professor Richard Wolfe Professor Emeritus of economics at the university of massachusetts amherst and the author of democracy at work a cure for capitalism welcome back professor wolfe and 1st on this tax avoidance tax avoidance push by the o. E. C. D. Does it go far enough in your view is it likely to have.
Does it go far enough in your view is it likely to happen and how does this push compared to u. S. Action on reining in big tax in terms of taxes. But let me go in there the reverse order the europeans have consistently been ahead of the United States and trying to do something about the monopolies as they see it operated by the High Tech Companies in the world who work very hard to corner particular technologies that they can then sell out of inflated price because theyre the only producer who develop their technology precisely to produce things that others wont have for a while so theyll be the only seller and can therefore get but not believe price and the reason is not far to look in europe you have a much more powerful Labor Movement and in this country you have strong socialist communist and other left wing parties who put enormous pressure in their. Armaments and so on to target monopolies that are basically ripping everybody off so thats why they have to have more of a movement