Economy

More Proof Corporate Tax Cuts Have Done More Harm Than Good

More Proof Corporate Tax Cuts Have Done More Harm Than Good
The taxes paid by corporations today are near record lows as a percentage of the United States’ total tax bill, even as they are recording massive profits. Yet the unemployment rate is still high.
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The Rent Is Too Damn High: VT Grapples with Towering Cost of Living and Low Minimum Wage

The Rent Is Too Damn High: VT Grapples with Towering Cost of Living and Low Minimum Wage
Like many places across the country, there is mismatch between the average rent and a worker's income in the Green Mountain State. You might not be surprised to learn that a recent report demonstrates, once again, that Vermont is one of the hardest places to afford housing. Without rent control in place, some legislators are looking at a minimum wage increase and sick leave guarantees to help balance the equation.
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Shameful Anti-Union Walmart Indoctrination Video Makes the Rounds Online

Shameful Anti-Union Walmart Indoctrination Video Makes the Rounds Online
A new video surfaced on Reddit, a propaganda video from Walmart warning employees not to sign onto efforts to unionize. The blatantly intimidating video also makes the preposterous claim that Walmart employees are happy with their current conditions.
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Untaxed Americans: The Speculators, Hustlers, and Freeloaders of Wall Street

Untaxed Americans: The Speculators, Hustlers, and Freeloaders of Wall Street
Purchases of American products generally come with a sales tax, and often an excise tax, and possibly state and local add-on taxes. A consumer can avoid all this by limiting purchases to food and prescription drugs, or by shopping online. There's one more way—by visiting a nearby financial exchange and buying a million dollars worth of derivatives.
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Where Are the Tax Reforms to Bring Home $2 Trillion in Offshored Profits?

Where Are the Tax Reforms to Bring Home $2 Trillion in Offshored Profits?
Big companies have discovered a loophole that lets them avoid paying their taxes. These tax-dodgers are holding $2 trillion-plus of taxable profits outside of the U.S., on which they could owe as much as $700 billion in taxes. What could our country do with this $700 billion it is owed? These companies discovered that they can move jobs, factories, labs, call centers and profit centers out of the country and by doing that they can avoid paying U.S. corporate taxes.
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New Definitions for a New World: 'Koch Brothers Capitalism'

New Definitions for a New World: 'Koch Brothers Capitalism'
By labeling a type of capitalism, the action implies that there are other kinds of capitalism. And that means that capitalism doesn't have to be the way people like the Koch Brothers are making it. So, what is Koch Brothers Capitalism and can America survive its reign?
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The Neo-Colonial Dynamic: Walmart's Destructive Gaming of the System (Opinion)

The Neo-Colonial Dynamic: Walmart's Destructive Gaming of the System (Opinion)
It used be Molasses to Rum to Slaves and so on and so forth back in Colonial American days of old, but today we see a new version of a horrid classic. Walmart and Sam's Club love to pay their people low wages, so low that they can't possibly afford to sustain themselves and their families on them, so they end up on programs like food stamps and using local food pantries to supplement their food to survive on which Sam's Club and Walmart are all too happy to donate to the local bank that supplies these pantries.
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Negotiations with Iran: The Benefits of Working with the World's 'Most Misunderstood Country'

Negotiations with Iran: The Benefits of Working with the World's 'Most Misunderstood Country'
Ongoing negotiations with Iran could lead to normalized relations, even a major trading partner with the U.S. Iran would import U.S. beef and grains, benefiting Oklahoma producers. U.S. firms serving the petroleum and other industries are eager to open offices in Iran and become trading partners. Releasing Iran's oil production would lower the world oil price, giving Americans relief at the gas pumps. As diplomatic relations improve, Iran might well become an ally for regional stability, peace, and the security of U.S. interests.
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Bill Clinton Lights Up Building Trades Conference, Touts Investment and Apprenticeship

Bill Clinton Lights Up Building Trades Conference, Touts Investment and Apprenticeship
Addressing a crowd already energized from powerful speeches by Boston Mayor Marty Walsh and American Federation of Teachers President Randi Weingarten, surprise speaker Bill Clinton made clear his position on job-creation and economic growth at the Building and Construction Trades Department National Conference on Monday: “Investment, not financial transactions.”
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REPORT: Of Discouraging $110B in Corporate Welfare, $88M Goes to Koch Industries

REPORT: Of Discouraging $110B in Corporate Welfare, $88M Goes to Koch Industries
A new report provides detail on our ‘corporate welfare state’ and the way large corporations benefit from programs being sold to the public as beneficial to American citizens. In total, state and local governments have handed out $110 billion in corporate welfare. If that's not bad enough, $88 million has been siphoned off by the free market championing Koch Brothers.
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