Alternative Visions- US Wars Update #4 + Tax Cuts 2025
Alternative Visions - A podcast by Progressive Radio Network - Mondays
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New Ukraine war offensives (both Ukraine & Russia) coming by July 7. Putin’s visit to North Korea & Viet Nam as Russian response to US/EU bilateral defense deals with Ukraine. Are both sides lining up allies in preparation for a wider war? Similarities with summer 1914. Netanyahu out-maneuvers Biden (again). Is a larger war with Hezbollah near? US media blackout of Yemen war as Houthis winning Red Sea blockade. On he economic front: What’s happening in the US goods sector (construction-manufacturing)? Trump focuses on more business tax cuts as centerpiece of his economic program: proposes replacing corporate income tax with tariffs as CEOs push to end all US taxation on their foreign profits and reducing current 21% corporate tax rate to 15% for all business. What’s in Trump’s 2018 Tax Cuts 2.0 for 2025? The US Supreme Court’s rules against any future Wealth Tax on billionaires, saying US Constitution allows tax only on income not wealth (even though Constitution provides for taxation “from whatever source derived”). Meanwhile, SCOTUS protects Trump 2018 tax cut for corporations’ offshore profits. (Next week: the tightly scripted and controlled ‘debate’ between Biden and Trump later this week)
