The Economist (August 11)
“Today’s tax systems are not only marred by the bewildering complexity and loopholes that have always afflicted taxation; they are also outdated. That makes them less efficient, more unfair and more likely to conflict with a government’s priorities. The world needs to remake tax systems so that they are fit for the 21st century.”
Tags: Bewildering, Complexity, Conflict, Efficient, Loopholes, Outdated, Taxation, Unfair
Nikkei Asian Review (March 15)
“Japan Inc. still clings to outdated norms like seniority-based promotion and pay. Women still generally face more ‘non-regular’ job offers than full-time ones. Tokyo’s governance upgrades are no match for opaque practices that fueled false-data scandals at Kobe Steel, Mitsubishi Materials, Toray Industries and elsewhere.”
Tags: False-data, Governance, Japan Inc., Kobe Steel, Mitsubishi Materials, Norms, Outdated, Pay, Promotion, Scandals, Seniority, Toray Industries, Women
USA Today (March 10)
The fruitless search to locate the missing Malaysia Airlines flight, let alone determine what caused its fate, highlights just how outdated the black-box is in a world of 24/7 connections. This “disappearance is a powerful argument for upgrading black-box technology to allow planes to live-stream vital information when they get into trouble—a suggestion that airlines have resisted because of the cost.”
Tags: Airlines, Black-box, Cost, Disappearance, Flight, Malaysia Airlines, Missing, Outdated, Search, Stream, Technology, Upgrade
