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Business Matters: 'Tax Hikes Go After the Heartland of America' 21 Jan 15
We preview Obama's announcement on increasing taxes for the rich. Tax hikes however 'go after the heartland of America' by removing the incentive2 to earn more, says Terry Savage3 in a feisty critique of the president's upcoming State of the Union address. In London, a satirical play on tax havens4 is beginning its season - we speak to the director of 'Islands' to hear why he thinks he's helping5 Britain's Prime Minister in clamping down on tax evaders. Finally, Hong Kong has been declared as the most expensive place in the world to rent office space - a day after the world's most expensive residential6 blocks went on sale in New York. Property expert Rhiannon Bury explains the economics behind rocketing real estate value. Guests today are Paddy Hirsch from US radio programme Marketplace, and Vicky Mohieddeen of the Koryo Group in Beijing. Presented by Fergus Nicoll.
1 wed | |
v.娶,嫁,与…结婚 | |
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2 incentive | |
n.刺激;动力;鼓励;诱因;动机 | |
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3 savage | |
adj.野蛮的;凶恶的,残暴的;n.未开化的人 | |
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4 havens | |
n.港口,安全地方( haven的名词复数 )v.港口,安全地方( haven的第三人称单数 ) | |
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5 helping | |
n.食物的一份&adj.帮助人的,辅助的 | |
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6 residential | |
adj.提供住宿的;居住的;住宅的 | |
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