Former Democratic presidential candidate Bernie Sanders at a minimum wage rally in Washington DC. Win McNamee / Getty Images
Former Democratic presidential candidate Bernie Sanders at a minimum wage rally in Washington DC. Win McNamee / Getty Images
Former Democratic presidential candidate Bernie Sanders at a minimum wage rally in Washington DC. Win McNamee / Getty Images
Former Democratic presidential candidate Bernie Sanders at a minimum wage rally in Washington DC. Win McNamee / Getty Images

Election year: why it’s time to fix America’s political system


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On January 20, 2009, I sat alone in the staffroom of the secondary school where I worked in the UK. I watched, from 3,000 miles away, as the United States swore in its first African-American president.

As my country made history, I could feel a shift in the ether. The nation had entered a new phase, one that gave millions hope for a brighter future – and a chance to rectify the damage done through overseas wars and the financial crash.

Fast-forward nearly eight years and I am now more than 6,000 miles away, watching from the UAE as my country sits on the edge of an implosion. We are, both government and people, at a breaking point. The past two presidential terms have witnessed a growing and divisive partisanship – one that has felt like an endless tug-of-war game where few have won.

America and its politics are more polarised than at any point in the past two decades, according to a 2014 Pew Research Center poll. Yet little seems to compare to the unbridled discontent and divisiveness that, over the course of this year’s election campaigns, seems to have seeped into the very fabric of our nation.

Of course you don’t need statistics to understand just how volatile things have become. One needs simply to log onto Twitter or Facebook, watch the news, or take a look at the “comments section” under most political op-eds for a glimpse of the chaos. Before my eyes, we are shedding our self-image as a nation founded on religious tolerance and one which has welcomed immigrants from across the world, to become one characterised by dogmatism, fear and isolationism.

Watching everything play out, with a constant sense of dread, does make me wonder whether I’ve simply become too cynical. Perhaps something about living abroad has removed the rose-tinted glasses of patriotism and has, instead, left me seeing everything in shades of grey.

My mother tried to reassure me during a recent phone call one evening that it’s not really as bad as it seems. I’m not sold. Even taking into consideration how far (physically) removed I am from the election, these past few months have sparked in me a new kind of embarrassment – one that far exceeds what I felt during the (second) George Bush era.

I am ashamed when asked questions like “What is happening to your country?” as those elected to lead us refuse to come together to find a solution following yet another mass shooting. I can feel my stomach churn as I watch politician after politician take to social media to sling schoolyard insults at opponents, as though this is acceptable behaviour. I fear for the safety of friends and my cousin’s two little boys when I see yet another black man gunned down in daylight by those sworn to protect them. I am equally angry when our officials respond to these all too often occurrences with #AllLivesMatter, a display of their refusal to acknowledge the systematic racism that still plagues the US.

And I am at a loss for what to say to friends and colleagues when the presumptive Republican presidential nominee Donald Trump proposes to ban them from entering the US.

And it isn’t as if my embarrassment is reserved for one side of the political aisle. I watch as the Democratic Party, which I support, tears itself apart through infighting and lies. Friends vent their frustration at politicians of the party who say they’re “for the people”, while they wilfully continue to neglect marginalised groups.

Additionally, policies such as the student loan forgiveness plan give the illusion of being progressive, but will mainly benefit a small number of privileged Americans.

As for an unwritten expectation that I will vote for a candidate simply because we share the same gonosome, I’ll be the first to admit that I’d be over the moon to see a woman finally elected into office, when Hillary Clinton formally gets the nomination, but I'm still not convinced of both her values and ability to lead effectively.

Yet out of the hate and fractured alliances has sprung a new wave of political and social movements, and with it, a sense that all is not lost. The campaign of Bernie Sanders – who endorsed Clinton on Tuesday – alone was testament to the fact that the American people are not happy with the current political system, nor with the type of candidates we see year after year.

We witnessed 3,000 activists gather in Chicago in June for The People’s Summit, a three-day event that aimed to build a movement to transform the nation and the planet. Topics included mass incarceration and criminal justice reform, climate change, immigration policy, the fight for free higher education, and achieving Constitutional pay equity for women. And even the Green Party and its presumptive nominee Jill Stein have gained momentum as a potential alternative to the status quo.

As the country readies itself for the 2016 Republican National Convention on Monday, there has never been a better time to take a step back and reflect. We need to take a good, hard look at what we have become. Is this the political – and social – trajectory we want to continue down, or are we ready to put petty differences aside and work together for the greater good of our nation?

I’d like to think, to some extent, the American people will choose the latter. Perhaps, despite my cynicism, there’s still a part of me that wants to see my country in spectacular colour once more.

Ashley Lane is assistant features editor of magazines at The National.

The Breadwinner

Director: Nora Twomey

Starring: Saara Chaudry,  Soma Chhaya,  Laara Sadiq 

Three stars

Company profile

Name: Thndr

Started: October 2020

Founders: Ahmad Hammouda and Seif Amr

Based: Cairo, Egypt

Sector: FinTech

Initial investment: pre-seed of $800,000

Funding stage: series A; $20 million

Investors: Tiger Global, Beco Capital, Prosus Ventures, Y Combinator, Global Ventures, Abdul Latif Jameel, Endure Capital, 4DX Ventures, Plus VC,  Rabacap and MSA Capital

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part one: how cars came to the UAE

 

Fund-raising tips for start-ups

Develop an innovative business concept

Have the ability to differentiate yourself from competitors

Put in place a business continuity plan after Covid-19

Prepare for the worst-case scenario (further lockdowns, long wait for a vaccine, etc.) 

Have enough cash to stay afloat for the next 12 to 18 months

Be creative and innovative to reduce expenses

Be prepared to use Covid-19 as an opportunity for your business

* Tips from Jassim Al Marzooqi and Walid Hanna

THE SIXTH SENSE

Starring: Bruce Willis, Toni Collette, Hayley Joel Osment

Director: M. Night Shyamalan

Rating: 5/5

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5