Progressives and Conservatives Are Wrong About Taxing the Rich

Being A Pedophile Now Not Enough To Warrant Deportation Authored by Steve Watson via Modernity.news, A convicted paedophile migrant who failed to disclose his child sex offence when applying to stay in Britain has won an appeal against deportation – because a judge ruled the omission was simply an “honest mistake.” YES, REALLY. Edi Cardoso Ramos, who was convicted in Portugal of molesting a five-year-old child, can now fight to remain in the UK after the Upper Tribunal accepted his explanation that he thought the immigration form only asked about UK convictions.  Paedophile migrant...

If 'Cash Is King', Berkshire Hathaway Leads The World The cash that companies hold is important for paying employees, funding operations, and as a measure of financial health. This chart, via Visual Capitalist's Boyan Girginov, shows the 50 companies with the largest cash holdings, using data from TradingView to highlight who is sitting on the largest war chests. This metric captures a company’s most liquid assets: cash plus short-term securities like T-bills that typically mature within a year. Which Companies Hold the Most Cash? Berkshire Hathaway leads the rankings with an impressive $382 billion. The data table...

Iran Counter-Blockade Bites As No Tankers Load At Kharg For 10th Day Earlier today, in response to news that the number of tankers anchored at Iran's Kharg Island oil terminal had hit a post-blockade peak, we wondered if this means that Iran is running out of tankers to store oil, i.e., Trump' blockade of the blockade is working. In any case, it certainly means that Iran is no longer able to sell any of the oil, depriving it of much needed oil export revenues which it has found itself forced to...