Economy

The Power Divide: Wealthy and the Poor Fight to Remain Relevant

The dilemma isn’t just economic. It’s also political. As money concentrates at the top, so does power. That concentrated power generates even more entrenched wealth at the top, and less for the middle class and the poor.
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Google Bermuda Tax Haven Results in $2 Billion US Revenue Loss

The $9.8 billion moved to Bermuda is the equivalent of 80 percent of the company’s 2011 pretax profit.
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Occupy Homes Claims Abandoned House, Eyes South Minneapolis Foreclosure Free Zone

One year after their successful defense of Bobby Hull’s house in South Minneapolis, Occupy Homes Minnesota demonstrators have escalated the bet by launching a high-profile new campaign that they hope can solve two persistent problems with the same remedy: Moving the homeless and those who lost their homes through foreclosure into abandoned properties.
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Papa John’s, Darden Restaurants Suffering Reputation Damage, Stock Value Loss Following Anti-Obamacare Statements

In the lead up to and immediate aftermath of the November general election, corporate leaders from both Papa John’s and Darden Resturaunts threatened job losses and hour slashing should President Obama be re-elected to implement the Affordable Care Act. Now, those same companies appear to be paying the publicity price for their vengeful comments.
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MN Governor 'Very Likely' To Propose Tax Increase

Minnesota Governor Mark Dayton says he is "very likely" to propose an income tax increase on Minnesota's top 2 percent earners as part of a plan to cover a projected $1.1 billion deficit in the state's budget.
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America’s Real Religion Involves Price Tags

Although fundamentalist fanatics have been working for decades to turn the United States into a “Christian Nation,” they have not had much success along these lines. One reason for their failure is that religious minorities and non-believers have resisted. And another is probably that a large number of Americans want to preserve religious tolerance and avoid theocracy. But it might also reflect the fact that the United States is now firmly in the grip of a different religion: shopping.
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Small Business Owners Agree: Stricter Safety Guidelines for Chemical Toxins Needed

A new independent poll shows that when it comes to protecting workers and consumers from negative effects of toxic chemicals, small-business owners agree with voters in that both want to be protected by stricter regulations.
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Aurora Crowd Tells Coffman to End Tax Cuts for Top Two Percent

Standing in front of Flava, an Aurora restaurant, the crowd of about 50 people held signs and called on Coffman tell his fellow Republicans to stop holding the middle class hostage to tax cuts for the wealthiest 2 percent of Americans.
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Rush Limbaugh Gets Shockingly Factual

It's time for Random Rush! And perhaps Limbaugh should take a vacation more often? Coming back from his Thanksgiving break, Rush Limbaugh accurately describes the alternative minimum tax, shocking Sam. However, Rush still manages to say something unbelievably stupid.
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Conservative Economics Doesn't Expand the Workforce

Conservative economic thought is based on a single simple premise, which just so happens to be wrong. The premise is that if you make sure businesses have as much money as possible, they'll hire more workers. One easy way to do that, they claim, is to lower their taxes.
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