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VW v. TESLA

VW v. TESLA

Ford v. Ferrari is yesterday’s story. Today, it’s Volkswagen v. Tesla. The two battles are not entirely uncommon. As it was in the 1960’s confrontation, the current competition wants to seize superior engineering to capture a market. But the next winner won’t be...

‘Germany’s George Monbiot’ Turns Climate Sceptic

When the Germans start running headlines like that in their biggest tabloid newspaper, you know that for the eco loons Der Krieg ist Verloren. It means “Global Warming stopped twelve years ago,” and it’s part of a serialisation being run by Bild (circulation: 4 million) of Germany’s newest surprise bestseller – a climate sceptical book called Die Kalte Sonne (The Cold Sun).

A Taxing Dilemma: What’s the Optimal Rate for the Rich?

In 1980, the top 1 per cent of income earners in the United States paid income taxes equal to 1.5 per cent of the country’s GDP. The top marginal tax rate was 70 per cent. Now the top 1 per cent pays income taxes equal to 3.3 per cent of GDP. The top marginal tax rate is 35 per cent. From a halving of the top tax rate, in other words, came a doubling of revenue.