Skip to content Skip to footer

Economic Update: Tax Truths

Updates in this segment include Europeans limiting CEO pay, Chileans demonstrating for free education and the many countries with higher tax rates for the rich than in US.

Truthout Logo

Did you know that Truthout is a nonprofit and independently funded by readers like you? If you value what we do, please support our work with a donation.

Updates on Europeans limiting CEO pay, Chileans demonstrate for free education, many countries with higher tax rates for the rich than in US, and UNICEF report on cild welfare in US vs other countries. Major analyses of the social security/payroll tax system, property tax on stocks and bonds, Alaska suffers economic blackmail. Listeners questions on inflation, military spending, and useful sources of economic analysis.

On Economic Update with Professor Richard Wolff, Wolff and guests will discuss the current state of the economy, both locally and globally in relation to the economic crisis.

Wolff will focus on wages, jobs, taxes, and debts – and on interest rates, prices, and profits. We aim to explain why certain economic changes are happening and other changes get postponed or blocked and we will explore alternative ways to organize enterprises, markets, and government policies. Economic Update is a weekly show for people who want to understand and change not only their own financial situation but also the larger economy we all depend on.

To listen in live on Saturdays at noon, visit WBAI’s Live Stream

Economic Update is in partnership with Truthout.org

Your radio station needs Economic Update! If you are a radio station, check this out. If you want to hear Economic Update on your favorite local station, send them this.

Trump is silencing political dissent. We appeal for your support.

Progressive nonprofits are the latest target caught in Trump’s crosshairs. With the aim of eliminating political opposition, Trump and his sycophants are working to curb government funding, constrain private foundations, and even cut tax-exempt status from organizations he dislikes.

We’re concerned, because Truthout is not immune to such bad-faith attacks.

We can only resist Trump’s attacks by cultivating a strong base of support. The right-wing mediasphere is funded comfortably by billionaire owners and venture capitalist philanthropists. At Truthout, we have you.

Our fundraising campaign is over, but we fell a bit short and still need your help. Please take a meaningful action in the fight against authoritarianism: make a one-time or monthly donation to Truthout. If you have the means, please dig deep.