The “repatriation provision” proposed by Republicans would change give American companies a tax break – allowing them to pay a minimum of 10 percent tax on overseas earnings (in the Senate version of the bill) and a 20 percent tax on domestic profits.
First, it was the Panama Papers. Now, Pulitzer Prize-winning journalist Frederik Obermaier and his colleague reveal the Paradise Papers, an exposé of the offshore activities of some of the world's wealthiest people and companies.
Entire villages in Kenya have been receiving a basic income through a charity program, there's a small test initiative in the Netherlands, India is considering it, and Canada is rolling out a basic income pilot program in several cities in Ontario this summer. But it’s Finland that may be the farthest along.