No-tax-and-spend policy: Trump’s tax returns
The Intelligence from The Economist
The Economist
4.5 • 3.7K Ratings
🗓️ 29 September 2020
⏱️ 24 minutes
🧾️ Download transcript
Summary
Just ahead of the first presidential debate, a trove of tax documents suggests the president has some staggeringly loss-making businesses and a staggering amount of debt coming due. We examine China’s pledge to become carbon-neutral by 2060 and what it will have to do to get there. And why a Swiss referendum campaign involved a giant game of pick-up-sticks.
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Transcript
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| 0:00.0 | News of the global climate crisis can leave us feeling helpless. |
| 0:05.0 | Too much negativity can trigger our eco-anxiety, |
| 0:08.0 | leaving us paralyzed when we need to act. |
| 0:11.0 | This is why EONNEXT is in search of better news to power up for change. |
| 0:16.0 | According to a CBI report, the transition to a greener economy is boosting UK growth, |
| 0:22.0 | with 71 billion pounds of jobs and investment being brought to the UK's industrial towns. |
| 0:28.0 | If you're feeling impacted by eco-anxiety, EONNEXT have created a range of resources such as green noise soundscapes. |
| 0:36.0 | Just search power up for change in your podcasting app. |
| 0:46.0 | Hello and welcome to the Intelligence on Economist Radio. I'm your host, Jason Palmer. |
| 0:51.0 | Every weekday we provide a fresh perspective on the events shaping your world. |
| 0:59.0 | China's president Xi Jinping shocked the world when he pledged last week that the country would be carbon neutral in 40 years' time. |
| 1:08.0 | That will be an enormous task. |
| 1:11.0 | We ask how it can be done, if it can, and examine the global effects that could have. |
| 1:17.0 | And Switzerland relies a lot on referendums to gauge the will of the people. |
| 1:24.0 | One that happened this weekend involved a giant game of pickup sticks, and the outcome reveals the shifting attitudes the Swiss have towards the European Union. |
| 1:38.0 | But first... |
| 1:43.0 | You never give a tax return when you're being ordered. |
| 1:46.0 | They're extremely complex, people wouldn't understand them. |
| 1:49.0 | Now the house goes and starts appealing. They want to know every deal I've ever done. |
| 1:54.0 | Since declaring his candidacy for president, Donald Trump has refused to share his tax returns and gone to court to stop them being released. |
| 2:02.0 | But on Sunday, the New York Times published an investigation into more than 20 years worth of Mr. Trump's taxes, but not the documents behind them to protect its sources. |
| 2:12.0 | The New York Times published an explosive report, despite receiving over $400 million through 2018. |
... |
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