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" "At a time when inflation is a worldwide phenomenon (European Union- 10.1 percent, Germany-10 percent, UK-9.7 percent, Canada-7%, etc.), corporations are using the war in Ukraine, the supply chain crisis and the ongoing pandemic to jack up the price of gas, food, and just about everything the American people need. Many Democrats believe that we should enact a windfall profits tax on large, greedy corporations. Not a single Republican in Washington agrees.
Bernard Sanders (born September 8, 1941) is an American politician who has served as the junior from Vermont since 2007. The for the state's at-large congressional district from 1991 to 2007, he is the longest-serving independent in U.S. congressional history and a member of the Democratic caucus. Sanders ran unsuccessfully for the 2016 and 2020 Democratic nomination for president.
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The unprecedented global challenges that the United States faces today—climate change, pandemics, nuclear proliferation, massive economic inequality, terrorism, corruption, authoritarianism—are shared global challenges. They cannot be solved by any one country acting alone. They require increased international cooperation—including with China, the most populous country on earth. It is distressing and dangerous, therefore, that a fast-growing consensus is emerging in Washington that views the U.S.-Chinese relationship as a zero-sum economic and military struggle. The prevalence of this view will create a political environment in which the cooperation that the world desperately needs will be increasingly difficult to achieve.
According to Berkeley economist Gabriel Zucman, individuals in the US are avoiding $36 billion through offshore tax schemes and US corporations are avoiding more than $130 billion through these schemes. The situation has become so absurd that one five-story office building in the Caymans is now the "home" of nearly 20,000 corporations – and that is just one of many tax havens operating across the globe. The essence of oligarchy is that the billionaire class is never satisfied with what they have. They want more, more and more – no matter what impact their efforts have on working people, the elderly, children, the sick and the poor. Greed is their religion. While the oligarchs are avoiding their taxes, Trump and his Republican colleagues, ostensibly in order to save federal dollars, have been trying to throw tens of millions of Americans off of their health insurance, and make massive cuts in education, nutrition assistance and affordable housing.