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REVEALED: The U.S billionaires avoiding their taxes

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From Jeff Bezos, Elon Musk and Warren Buffett, new details have emerged about how little tax US billionaires actually pay.

News website ProPublica has reportedly viewed the tax returns of America’s wealthiest individuals… with the White House saying the leak is “illegal” and the FBI is now investigating.

The website makes allegations that Bezos paid no tax in 2007 and 2011, whilst Musk paid nothing in 2018.

A White House spokeswoman called the leak “illegal”, and the FBI and tax authorities are investigating.

It’s also believed that the top 25 richest Americans each pay less tax than the average US worker.

ProRepublica says it will continue to analyse a “vast trove of Internal Revenue Service data” on the taxes of the billionaires, and promises to release further details later in the week.

The news site goes onto add “using perfectly legal tax strategies, many of the uber-rich are able to shrink their federal tax bills to nothing or close to it.”

Biden’s plan to raise tax for tech giants

President Joe Biden has vowed to increase tax on the richest Americans.

He wants to raise the top rate of tax, double the tax on what high earners make from investments, and change inheritance tax.

25 richest Americans collectively jumped by $401bn from 2014 to 2018, but they paid $13.6bn in income tax over those years, according to ProPublica.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly ticker Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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India’s ban on single-use plastics comes into effect

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India is banning many single-use plastics in a bid to tackle pollution

India produces around four million tonnes of plastic waste each year. But authorities will begin cracking down on usage and production of single-use plastics from Friday.

India’s Government believes 60 per cent of plastic waste is recycled. But a survey by the Centre for Science and Environment found the figure was 12 per cent in 2019.

When plastic waste is not recycled correctly, it creates fire hazards and air pollution, which blankets India’s major cities. It can also enter local waterways, which poisons wildlife.

New Delhi is the world’s most polluted city.

Some plastic bags and multi-layered packaging are exempt from these latest changes.

Millions of people are employed in the country’s plastic industry, with many pushing the government to delay the ban.

Street vendors are also expressing concerns around the changes.

The nation’s capital, New Delhi is the world’s most polluted city.

The Air Quality Institute found 510 million people who live in northern India “on track” to lose 7.6 years off their lives if pollution levels remain as they are.

Local authorities are set to decide the penalties for people in breach of the single-use plastics ban.

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U.K. Government in crisis as Tory whip resigns over sexual assault allegations

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Boris Johnson’s government is in crisis as the Tory whip resigned over allegations he groped two men while drunk

In his resignation letter, Chris Pincher admitted he “drank far too much” and embarrassed himself and other people.

“I think the right thing to do in the circumstances is for me to resign as Deputy Chief Whip. I owe it to you and the people I’ve caused upset to, to do this.”

CHRIS PINCHER

According to sources from Downing Street, it is unlikely Pincher will face any further action, and he will remain as a Conservative MP.

The Sun newspaper first reported the resignation, saying he was drinking at the Carlton Club when he is accused of assaulting two other male guests.

Reports suggest several concerned Tory MPs contacted the Conservative whips’ office to complain about Pincher’s behaviour.

Prime Minister is yet to comment on the matters.

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Beijing issues a stark warning to Canberra

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Beijing is warning Australia will “bear the consequences” if there are any military disputes in the South China Sea

China’s Defence Ministry says Australia is engaging in “risky” behaviour, as surveillance jets fly near the disputed Paracel Islands.

“What is the duty of a soldier? That is to defend the homeland,” says Colonel Tan Kefei.

The islands are claimed by China, Vietnam and Taiwan.

It comes just weeks after an Australian Air Force was challenged by a Chinese J-16 fighter in the disputed territory.

A Chinese J-10 fighter, similar to the one involved in the incident.

Australia’s Defence Minister Richard Marles says some aluminium chaff was drawn into the engines of the P-8A Poseidon.

“The J-16 then accelerated and cut across the nose of the P-8 settling in front of the P-8 at a very close distance,” he said.

The aircraft made its way back to its base, and Marles said the crew responded “professionally”.

It’s believed the Chinese jet also fired flares and chaff as a countermeasure.

The Defence Minister said he had communicated his concerns to Chinese authorities over the incident.

But China’s defence spokesperson, Colonel Tan says “those who come uninvited shall bear the consequences.”

Canada has also been in the firing line, as they reportedly carry out U.N. missions near North Korea.

But Chinese authorities believe the jets were monitoring China “under the pretext of enforcing U.N. Security Council resolutions”.

“No matter what the name or excuse is, it is completely unreasonable to send military planes to the door of others to provoke and jeopardise the national security of other countries,” says Colonel Tan.

Australia’s Prime Minister met with Canada’s leader, Justin Trudeau on the sidelines of the NATO Summit in Madrid this week.

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