A just-released report by the Institute for Policy Studies (IPS) -- a DC think tank providing analysis on peace and economic, racial, and climate justice -- provides evidence that tax cuts for corporations do not necessarily correlate with an increase in jobs. Additionally, increased CEO compensation does not routinely result in increased employment. These are important findings, because the number one rationale that politicians use to justify corporate tax cuts is that the increased business revenue will lead to decreased unemployment. Read more.
Three German parties have reached a deal to form a new government that will end the era of longtime Chancellor Angela Merkel, according to Olaf Scholz, who is poised to replace her. Read more.