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The Trouble With Billionaires Free download Þ 100 ✓ [Reading] ➻ The Trouble With Billionaires ➱ Linda McQuaig – In this searing and entertaining indictment of the super rich Linda Mcuaig and Neil Brooks challenge the idea that today’s cavernous income ineuality is the result of merit and reveaProgrammes of the s ‘s and ‘s gave us sky high economic growth and rising euality In recent years however we’ve been constantly told that taxes and government spending are bad Mcuaig and Brooks The Trouble eBook #185 systematically debunk these claims As their research shows not only do lower taxes correlate with w. One of the most entertaining and provocative books I've read in a long time I loved it and every person I've shared it with has loved it too I want every person I know to read this book and to digest its contents before they vote in the Canadian federal election this fall For a detailed snapshot of what the book is about and why you should spend time reading it or better yet organize a book club to discuss its contents with other people I highly recommend this review written by Canadians for Tax Fairness Bottom line This book could be a game changer for our democracy and our communities

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Orse societal outcomes – from health to the environment – they also fail to produce economic prosperityA daring challenge to the conventional wisdom The Trouble with Billionaires provides the most compelling case yet for rejecting the Coalition’s mean spirited mix of tax breaks for the rich and austerity for the res. This book made loads of interesting points but I think it was making too many arguments with too little focus The book would have benefited from focusing on one argument at a time in greater detail with greater focus on what someone who disagrees with her would say it would lead to a much better well rounded book Moreover her argument about Bill Gates not deserving his fortune fails because we can apply that logic to anybody on this planet and say that no one deserves anything they get no matter how small or huge their fortunes are Of course some people have argued this but intuitively this argument doesn't sit well with many and therefore I don't think it should be used as the primary case against some people having billions The better argument for this is to say that even though Bill Gates' fortune largely relies on the progress made by others and him being at the right place at the right time he still deserves some money for his accomplishments due to the business dealings he made The real problem and the point we have to put pressure on is whether he deserves 100 BILLION DOLLARS for it And the answer is no A 100 Billion is way too much for anybody to own or need in their live times No one in this world NEEDS 100 Billion to live even if they have the most luxurious lifestyles in the world The point here is that what is concerning about billionaires is that they have SO MUCH MONEY and Mcuaig's main arguments against it is not that convincing So Mcuaig's book is an interesting read but some of her argument fail and most of them are underdeveloped which left me wanting to seek knowledge about this topic somewhere else from someone who was focused and convincing

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The Trouble With BillionairesIn this searing and entertaining indictment of the super rich Linda Mcuaig and Neil Brooks challenge the idea that today’s cavernous income ineuality is the result of merit and reveal how the global economic system has been hijacked by the wealthiest with disastrous conseuences for us allThe high taxes and strong social. THE FERAL FILTHY RICHLinda Mcuaig and Neil Brooks's The Trouble With Billionaires is a superb analysis of the growing levels of ineuality in the UK over the last thirty odd years As the title suggests their focus is on the higher end of the income scale the political decisions that have allowed a few to accumulate perverse levels of wealth and the myths that have allowed this state of affairs to gain a degree of legitimacy in the public sphereEarly chapters give an idea of the scale of the problem Top 1% of UK earners share of total income rising from around 6% in the mid 1970's to over 15% by the time of the Credit Crunch remind us that free markets are generally anything but not least with regards to the uestion of executive pay where executives sit on one another's remuneration committees and discover that yes they are worth double digit salary increases year after year after year regardless of company performanceThe 3rd chapter Paying for a Civilised Society takes a step sideways to look at tax and spending providing statistical proof that there is no correlation between levels of taxation and economic growth thus demolishing the myths that increasing taxation on the rich will cause the economy to tank And while there is no correlation negative or positive between taxation and economic growth the authors do assemble evidence to suggest that there is a correlation between higher taxes and increased euality gender euality economic security of workers social well being and lower child mortality amongst other measures And make the point that the lower tax narrative whatever has been said at the rhetorical level is essentially about reducing taxation on the richChapter 4 Plutocracy Climate Change and the Fate of the World is the books weakest The comparison pushed that the CFCOzone problem was solved in less neo liberal times while the Greenhouse gasGlobal warming problem has been or less stalled during the high tide of neo liberalism doesn't really hold up the interests holding up action on Global Warming eg Oil industry including oil producing countries automobile industry etc are so much larger than the handful of chemical companies primarily involved in producing CFC's A better approach might have been to tackle the influence of big money in the political process using the example of Global Warming as one amongst manyThe 5th and 6th Chapters move on to demolishing the myths of the self made billionaires firmly situating their wealth accumulation in its social economic and political context making the point that they are getting off relatively speaking scot free with regard to returning something tax to the societies that there business empires have been built upon Chapter 7 considers the uestion of motivation and undermines the conventional wisdom that large sums of money are reuired to incentivise excellence whether in sport business or public serviceChapter 8 John Maynard Keynes and the Defeat of Austerity takes a look at the period of destructive interwar austerity and how Keynesian economics developed and provided a solid foundation for capitalisms post war golden age which included a significant lessening of ineuality and some of the highest if not the highest rates of economic growth amongst mature industrial economies and not incidentally was a period of relatively high growth for many developing countries Chapter 9 focusses on the Triumph of the Welfare State in the early post war period 1945 1970's as well as the forces such as the perversely rich funders of the Institute of Economic Affairs in the UK and globally the Mont Pelerin society who staged the long fight back for the liberal economic ideas that took root in the 1970's and beyond The book ends by looking at a number of policies that would reduce the grotesue ineualities that have arisen over the last thirty or so yearsMcuaig and Brooks have written an excellent book that achieves a number of worthwhile aims not least the undermining of the low tax low government spending nonsense propagated by the current coalition government on the grounds that this self serving belief claims as its own economic efficiency It also holds its own against other books about our current social political economic situation such as Nicholas Shaxsons Treasure Islands Tax Havens and the Men who Stole the World Pickett Wilkinsons The Spirit Level Why Euality is Better for Everyone and Richard Brooks's The Great Tax Robbery in providing the general reader with an accessible interesting angle on the major issues facing us a society that the mainstream media has almost completely avoided Well recommended