Trade

Undertaxed Apple Looks for More Tax Savings

Undertaxed Apple Looks for More Tax Savings
Apple has avoided billions and billions of dollars in taxes they owe to the country by setting up foreign subsidiaries in tax-haven countries, all while moving jobs and profit centers out of the country. Now they want a special tax break to reward them for doing that.
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Upcoming Trans-Pacific Partnership Looks Like Corporate Takeover

Upcoming Trans-Pacific Partnership Looks Like Corporate Takeover
TPP is a “trade” agreement between several Pacific-rim countries that is actually about much more than just trade. It will be sold as a trade agreement (because everyone knows that “trade” is good) but much of it appears to be (from what we know) a corporate end-run around things We, the People want to do to reign in the giant corporations — like Wall Street regulation, environmental regulation and corporate taxation.
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Why Our Trade Deficit Matters More Than Our Budget Deficit

Why Our Trade Deficit Matters More Than Our Budget Deficit
A trade deficit hurts the economy and jobs. Not only does it mean money is draining from the economy, but it also means our working people are pitted against low-wage workers. A trade deficit enables companies to cut wages. It is the primary reason everyone’s pay has been stagnant or falling since the end of the 1970s — when the balance of trade turned from surplus to deficit.
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Wages at Financial Institutions Continue to Grow, Even as Wages Everywhere Else Stagnate

Wages at Financial Institutions Continue to Grow, Even as Wages Everywhere Else Stagnate
Wages used to go up as productivity went up, but in the 1970s they decoupled. Productivity kept going up but wages stagnated.
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While Washington Bickers, Bad Trade Deals Bleed Our Economy Dry

While Washington Bickers, Bad Trade Deals Bleed Our Economy Dry
While politicians in Washington squabble, they ignore report after report that show how one-sided trade deals with China and others are killing off our jobs , factories, industries, and economy.
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Trans-Pacific Partnership More Likely to Create 'Disaster Scenario' Than Positive Economic Impact

Lost in this election’s never-ending barrage of meme unworthy misquotes and rehashed social issue talking points is the Trans-Pacific Partnership (TPP), a free trade agreement that looks to shape the future of business in burgeoning Asian markets. It has been mentioned exactly zero times by the Presidential candidates as far as we can tell, but if/when it is secretly approved it will become the most significant foreign and domestic policy initiative to come out of the Obama administration.
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