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[98] Greece-ing up the Euro Engine? Lorcan Roche Kelly and Ann Pettifor on Europe

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Our lead story: We’ve decided to take a closer look at the bonkers American tax code. In 2013, the US had the highest nominal corporate tax rate among all OECD countries. However, thanks to a the slew of industry specific deductions, credits, and mind numbing rules, many companies pay far less than that 35% tax ...

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Our lead story: We’ve decided to take a closer look at the bonkers American tax code. In 2013, the US had the highest nominal corporate tax rate among all OECD countries. However, thanks to a the slew of industry specific deductions, credits, and mind numbing rules, many companies pay far less than that 35% tax rate. And countries like Ireland aren’t helping the problem. Erin takes a look.



Lorcan Roche Kelly joins us from the west of Ireland today to talk about Europe and the Eurozone. He discusses Ireland and the Greek bond sale and much more. Then for our second guest, we bring you part two of our interview with Ann Pettifor who gives us her take on the international monetary regime and what she thinks about the Eurozone.



In today’s Big Deal, Edward Harrison and Erin talk about the new Greece in Europe’s economic engine. But is it synthetic or the real deal?



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Ann Pettifor
I’m Ann Pettifor, author and analyst of the global financial system, and co-author of The Green New Deal (2008). I predicted an Anglo-American debt-deflationary crisis back in 2003, and in September, 2006 published The Coming First World Debt Crisis (Palgrave). I am known for my work on the sovereign debts of low income countries and for leading an international movement for the cancellation of debts, Jubilee 2000.

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