We preview Obamas announcement on increasing taxes for the rich. Tax hikes however go after the heartland of America by removing the incentive to earn more, says Terry Savage in a feisty critique of the presidents upcoming State of the Union address. In London, a satirical play on tax havens is beginning its season - we speak to the director of Islands to hear why he thinks hes helping Britains 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 worlds most expensive residential 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. bbc.in/1xUbJNP
Posted on: Wed, 21 Jan 2015 02:25:58 +0000
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