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Economist Podcasts

No-tax-and-spend policy: Trump’s tax returns

Economist Podcasts

The Economist

News, News & Politics

4.35K Ratings

🗓️ 29 September 2020

⏱️ 23 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

This podcast is sponsored by Tradeu.

0:02.6

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0:28.9

terms and conditions apply.

0:33.8

Hello and welcome to the Intelligence on Economist Radio.

0:39.0

I'm your host, Jason Palmer.

0:44.3

Every weekday, we provide a fresh perspective on the events shaping your world.

0:52.2

China's president Xi Jinping shocked the world when he pledged last week that the country would be carbon neutral in 40 years' time.

0:56.0

That will be an enormous task.

0:59.0

We ask how it can be done, if it can, and examine the global effects that could have.

1:05.0

And Switzerland relies a lot on referendums to gauge the will of the people.

1:11.6

One that happened this weekend involved a giant game of pickup sticks,

1:15.6

and the outcome reveals the shifting attitudes the Swiss have towards the European Union.

1:25.6

But first... You never give a tax return when you're being audited.

1:33.3

They're extremely complex. People wouldn't understand him.

1:36.3

Now the House goes and starts subpoenaing. They want to know every deal I've ever done.

1:41.3

Since declaring his candidacy for president, Donald Trump has refused to share his tax returns

1:46.7

and gone to court to stop them being released.

1:50.2

But on Sunday, the New York Times published an investigation into more than 20 years' worth

...

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