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NYC's Elites 'Offended' By Future Mayor's Tax Plan

NYC's Elites 'Offended' By Future Mayor's Tax Plan
The wealthiest people in Manhattan are "offended" by Bill de Blasio's tax plan.
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CT Taxpayers Gave $51 Million to $20 Billion Company

CT Taxpayers Gave $51 Million to $20 Billion Company
Last summer, Connecticut Governor Dannel Malloy announced that Alexion Pharmaceuticals would become the fourth company to collect taxpayer subsidies (aka, Corporate Welfare) under his "First Five" economic development initiative. So what will happen to that money now that Alexion is in the process of being bought by a Swiss company?
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John Pelto
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Time of the Treason: Missouri Politics Provides Blueprint for Government Takeover

Time of the Treason: Missouri Politics Provides Blueprint for Government Takeover
Over the weekend, Robert Reich called out the wealthiest 1% of Americans for their acts of "treason" on the American people with their bid to control the government. While every state has its shining examples of these efforts, perhaps none more than Missouri.
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Give It Away Now: May Trade Deficit Drained $45 Billion From US Economy

Give It Away Now: May Trade Deficit Drained $45 Billion From US Economy
The trade deficit is a measure of how much money and how many jobs we are transferring in or out of the country. The May trade deficit was just reported, and at 12 percent, the jump was a sharp one. As a result, the U.S. is losing trillions of dollars, millions of jobs, entire industries and, perhaps, our future.
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Why the Post Office Matters and Why Corporate America Is Stealing It

Why the Post Office Matters and Why Corporate America Is Stealing It
Handcuffed by the Postal Accountability and Enhancement Act of 2006, one of America's greatest institutions and employers is seeing its doors shuttered and sold off to private entities across the country. While the corporate spin is that this bloated bureaucracy can't compete with email, there are very real reasons why the post office needs to exist now and in the future.
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Debit Card Pay Checks: Low Wage Workers Lose Out, Banks Win

Debit Card Pay Checks: Low Wage Workers Lose Out, Banks Win
At first glance, issuing debit cards instead of paychecks might seem like a helpful option for “underbanked” low-wage employees, who may not have bank or checking accounts. However, bank charges and fees are tacked on when workers use them. These charges take unwelcome bites out low-wage earners' already tiny income and add to the enormous bottom line of the banks.
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Corporate Welfare State: Big Business Taxed at 12.6 Percent, Half of What Teachers Pay

Corporate Welfare State: Big Business Taxed at 12.6 Percent, Half of What Teachers Pay
A new study shows that the big U.S. companies paid only 12.6 percent in taxes on their reported worldwide profits in 2010. Corporate taxes have gone from 5-6 percent of GDP down to only a third of that. The corporate share of all taxes paid has gone from 28 percent to a third of that, too. And these lower taxes have hurt — not helped — our economy and country.
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NYC Closing Public Schools to Build High-Rises That Are Frequently Vacant Second Residences for the Wealthy

NYC Closing Public Schools to Build High-Rises That Are Frequently Vacant Second Residences for the Wealthy
New York City plans to knock down three public schools in order to build luxury high-rise apartments — many of which are second or third homes for wealthy non-residents — while relocating the students to other area schools. A more potent symbol of misplaced policy priorities in the city could hardly be found.
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