Nothing is certain but death and taxes, it used to be said, but in the madcap times we live in, even they’re up for grabs.
No matter what proof the White House provides that Osama bin Laden indeed has had his bucket kicked — and at this point even al Qaeda admits he’s dead — there still will be uncertainty. Whether they ever release those damned photos or not, a lunatic few will continue to insist that Osama’s alive and well and running a Papa John’s Pizza in Marrakesh.
As for taxes, having to pay them is no longer a sure thing either, especially if you’re a corporate giant like General Electric, with a thousand employees in its tax department, skilled in creative accounting. You’ll recall recent reports that although GE made profits last year of $5.1 billion in the United States and $14.2 billion worldwide they would pay not a penny of federal income tax. Chalk it up to billions of dollars of losses at GE Capital during the financial meltdown and a government tax break that allows companies to avoid paying US taxes on profits made overseas while “actively financing” different kinds of deals.
It gets worse. In 2009, Exxon-Mobil didn’t pay any taxes either, and last year, they had worldwide profits of $30.46 billion. Neither did Bank of America or Chevron or Boeing. According to a report last week from the office of the New York City Public Advocate, in 2009, the five companies, including GE, received a total of $3.7 billion in federal tax benefits.
As The New York Times‘ David Kocieniewski reported in March, “Although the top corporate tax rate in the United States is 35 percent, one of the highest in the world, companies have been increasingly using a maze of shelters, tax credits and subsidies to pay far less… Such strategies, as well as changes in tax laws that encouraged some businesses and professionals to file as individuals, have pushed down the corporate share of the nation’s tax receipts — from 30 percent of all federal revenue in the mid-1950s to 6.6 percent in 2009.”
What’s greasing the wheels for these advantages is, hold on to your hats, cash. Over the last decade, according to the NYC public advocate’s report, those same five companies — GE, Exxon-Mobil, Bank of America, Chevron and Boeing — gave more than $43.1 million to political campaigns. During the 2009-2010 election cycle, the five spent a combined $7.86 million in campaign contributions, a 7 percent jump over their 2007-2008 political spending.
“These tax breaks were put in place to promote growth and create jobs, not bankroll the political causes of corporate executives,” Public Advocate Bill de Blasio said. “… No company that can afford to spend millions of dollars to influence our elections should be pleading poverty come tax time.”
And by the way, those campaign cash figures don’t even include all the money those companies funneled into the 2010 campaigns via trade associations and tax-exempt non-profits. Thanks to the Supreme Court Citizens United decision, we don’t know the numbers because, as per the court, the corporate biggies don’t have to tell us. Imagine them sticking out their tongues and wiggling their fingers in their ears and you have a pretty good idea of their official position on this.
Meanwhile, last week Republicans like Utah’s Orrin Hatch, ranking member of the US Senate Finance Committee, grabbed hold of an analysis by Congress’ nonpartisan Joint Committee on Taxation and wrestled it to the ground. The brief memorandum reported that in the 2009 tax year 51 percent of all American taxpayers had zero tax liability or received a refund. So why, the Republicans asked, are Democrats and others so mean, asking corporations and the rich to pay higher taxes when lots of other people — especially the poor and middle class — don’t pay taxes either?
Hatch told MSNBC, “Bastiat, the great economist of the past, said the place where you’ve got to get revenues has to come from the middle class. That’s the huge number of people that are there. So the system does need to be revamped… We have an unbalanced tax code that we’ve got to change.”
All of which flies in the face of reality. As Travis Waldron of the progressive ThinkProgress website explained, “The majority of Americans who do not pay federal income taxes don’t make enough money to qualify for even the lowest tax bracket, a problem made worse by the economic recession. That includes retired Americans, who don’t pay income taxes because they earn very little income, if they earn any at all.
“And while many low-income Americans don’t pay income taxes, they do pay taxes. Because of payroll and sales taxes — a large proportion of which are paid by low- and middle-income Americans — less than a quarter of the nation’s households don’t contribute to federal tax receipts — and the majority of the non-contributors are students, the elderly, or the unemployed.”
What’s more, ThinkProgress notes, “The top 400 taxpayers — who have more wealth than half of all Americans combined — are paying lower taxes than they have in a generation, as their tax responsibilities have slowly collapsed since the New Deal era.” In the meantime, “working families have been asked to pay more and more.”
So maybe death and taxes are no longer certain, but one thing remains as immutable as the hills. In the words of another golden oldie, there’s nothing surer — the rich get rich and the poor get poorer.
By: Michael Winship, CommonDreams.org, May 10, 2011
May 14, 2011
Posted by raemd95 |
Businesses, Class Warfare, Congress, Conservatives, Corporations, Democrats, Economy, Elections, General Electric, GOP, Government, Income Gap, Jobs, Lawmakers, Middle Class, Politics, Republicans, Tax Credits, Tax Increases, Tax Liabilities, Tax Loopholes, Taxes, Voters | Accounting, Bank Of America, Boeing, Chevron, Citizens United, Exxon Mobil, Financial Crisis, Low Income, OBL, Political Campaigns, Poor, Retirees, SCOTUS, Sen Orrin Hatch, Tax Avoidance, Tax Benefits, Tax Revenues, Wealthy |
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Conservatives have had their sights on public-sector workers for a while and for good reason. Public-sector workers represent two favorite targets: organized labor and government. I am a public-sector employee and union member, so I can’t help but take these attacks and struggles personally. I am also a veteran of the welfare “reform” battles of the 1990s, and the debates over public-sector workers are strikingly similar.
Like welfare moms, public-sector workers have been painted as greedy [fill-in-the-blank barnyard animals], feeding from the public trough and targeted as the primary source of what’s wrong with government today.
Like 1990s welfare-reform debates, this one is dominated by more fiction than fact. For example, previous and recent research consistently shows public-sector workers actually earn less than private-sector workers with comparable skills and experience. While many, but not all, public-sector workers who work long enough for the public sector have a defined-benefit pension, the unfunded portions of those pensions are often due to bad state policy, not union negotiations.
In some states, like my own, Massachusetts, current workers are paying most of their pension costs through their own contributions into interest-bearing pension funds. Because state and local governments with defined pensions do not contribute to social security, there are currently cost savings. The upshot is that the cost of pensions may not be as high as some are arguing.
It is true that health-insurance costs for current retirees are expensive and worrisome. But this is because of the rising costs in private health insurance. Making workers pay more for their health-care benefits will erode the compensation base of public-sector workers, but it won’t get at the real problem of escalating health-care costs.
During the welfare debates, one of the arguments used to justify punitive legislative changes was spun around the fact that welfare moms who did get low-wage employment could also get child-care assistance—while other moms could not. Sound familiar? Public-sector workers do have employer-sponsored benefits many private-sector workers no longer get. But benefits haven’t improved in the public sector over the last 20 years; indeed most public-sector workers are paying more for the same benefits.
Over the same period, many private-sector workers have been stripped of their employer-provided benefits even as profits have soared. Instead of asking why corporate America is stripping middle-class workers of decent health-care coverage and retirement plans, the demand is to strip public-sector workers of theirs.
The new Cadillac-driving welfare queens are the handful of errant politicians who game the pension system and a few highly paid administrators getting handsome pensions. Sure they exist, but are hardly representative. The typical public-sector worker is a woman, most often working as a teacher, secretary or social worker. Women comprise 60% of all state and local workers (compared to their 47% representation in the private work force). And those three occupations make up 40% of the state and local work force.
Shaking down public-sector unions may make some feel better about solving government fiscal problems, but the end result will be more lousy jobs for educated and skilled workers. It will also not stem the red ink that is causing states to disinvest in much-needed human and physical infrastructure with budget cuts. But eroding wages and benefits combined with public-sector bashing will send a very loud market signal to the best and brightest currently thinking about becoming teachers, librarians, or social workers to do something else.
Wisconsin Governor Scott Walter is leading the attack on public-sector workers today. In the 1990s it was another Wisconsin governor, Tommy Thompson, who was a leader in demanding and implementing punitive changes to his state’s welfare system. His plan became a model for the rest of the states and federal welfare legislation in 1996. Then there were horror stories and welfare bashing, but not much in the way of discussing the real issue of decent paying jobs that poor and low-income mothers on and off welfare needed to support their families. The main result of welfare reform was the growth in working-poor moms.
There is one important difference. Public-sector workers, unlike welfare moms, have unions and a cadre of supporters behind them.
By: Randy Albelda, CommonDreams.org, May 12, 2011
May 12, 2011
Posted by raemd95 |
Class Warfare, Collective Bargaining, Conservatives, Deficits, Economy, GOP, Gov Scott Walker, Government, Health Care, Jobs, Lawmakers, Middle Class, Politics, Public, Public Employees, Republicans, Social Security, State Legislatures, States, Teachers, Union Busting, Unions, Wisconsin, Women | Defined Benefits, Employers, Organized Labor, Pension Costs, Pensions, Politicians, Private Sector, Secretaries, Social Workers, Teachers, Wages, Welfare, Welfare Reform |
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Wisconsin Republican Gov. Scott Walker and GOP leaders have launched a push to ram several years’ worth of conservative agenda items through the Legislature this spring before recall elections threaten to end the party’s control of state government.
Republicans, in a rapid sequence of votes over the next eight weeks, plan to legalize concealed weapons, deregulate the telephone industry, require voters to show photo identification at the polls, expand school vouchers and undo an early release for prisoners.
Lawmakers may also act again on Walker’s controversial plan stripping public employee unions of their collective bargaining rights. An earlier version, which led to massive protest demonstrations at the Capitol, has been left in limbo by legal challenges.
“Everything’s been accelerated,” said Republican Rep. Gary Tauchen, who is working on the photo ID bill. “We’ve got a lot of big bills we’re trying to get done.”
The speed-up is the latest move in a tumultuous legislative session that followed last fall’s midterm elections in which Republicans won the governorship and control of both houses of the Legislature. In other states where conservatives won major victories, such as Ohio, Florida and Michigan, the GOP has moved more deliberatively.
Walker got off to a fast start in January, passing a slew of measures before he unveiled a two-year budget designed to plug a $3.6 billion shortfall. That legislation, involving deep cuts to a wide range of programs, was expected to consume months. Other measures were on tap for next year. But a three-week boycott by Democrats in the winter and recall efforts targeting nine legislators have changed the strategy.
“They know there’s a very strong possibility their days of controlling every level of government are numbered,” Democratic Assembly Leader Peter Barca said. “You’re moving forward huge pieces of legislation that dramatically change the direction and traditions and values of this state. Generally, doing that takes much longer.”
Recall campaigns likely will force six Republican senators to defend their seats this summer. Three Democrats may also be on recall ballots. A net victory of three seats would give the Democrats control of the Senate, which the GOP now controls 19-14. The first elections are scheduled for July 12.
At least publicly, Wisconsin Republicans deny they’re rushing legislation for fear of losing their majority.
“Right now, I don’t foresee (losing the majority),” Assembly Speaker Jeff Fitzgerald said. “Obviously, I’m sure it will be in the back of your mind, but you’ll have to see how that plays out later this summer.”
But Rep. Robin Vos, co-chairman of the Legislature’s budget-writing committee, which will attempt to handle two months of budget legislation in half the usual time, acknowledged, “It’s a factor. For the budget, yeah, I want to get it done by June 30.”
Four of the 12 Republicans on the committee are targets of the recall.
The blitz has created an almost frantic atmosphere in the Capitol.
Major bills, like the one to legalize concealed weapons, were introduced just days before public hearings. A major revision to the photo ID proposal was released late on a Friday afternoon, just four days before a committee passed it, prompting complaints from the nonpartisan board that oversees elections.
“There has been no time for the careful evaluation and vetting needed to ensure the best options for voters and election officials is enacted,” wrote Kevin Kennedy, head of the nonpartisan Government Accountability Board.
Republican leaders scheduled a full Assembly vote on a bill deregulating the telecommunications industry only a week after a hearing, leaving little opportunity for public comment.
Walker said his plan to move his agenda is unchanged. “From our standpoint, it’s really been about being aggressive from the beginning,” he said in an interview.
At the same time lawmakers are pushing through conservative policies, they will be wrestling with Walker’s budget proposal. Walker wants to cut roughly $1 billion from schools and local governments, split the Madison campus from the University of Wisconsin System and slow the growth of Medicaid by $500 million.
The Legislature also may try to quickly pass a redistricting plan, a politically charged process that would reshape congressional and legislative districts with new 2010 census data.
If the Legislature votes again on Walker’s plan stripping public workers of their union negotiating rights, it can sidestep the legal challenges to the first vote, which came after 14 Senate Democrats fled to Illinois to deprive the Senate of a quorum. Unions and Democrats claim the original vote violated the open meetings law and the state constitution’s quorum requirement. The case is pending before the state Supreme Court.
Senate Majority Leader Scott Fitzgerald said he and other leaders are just trying to make up the time lost during the earlier turmoil. “There is an expectation that some of these bills would be completed early on,” he said.
By: Scott Bauer, Huffington Post, May 7, 2011
May 8, 2011
Posted by raemd95 |
Class Warfare, Collective Bargaining, Conservatives, Democracy, Economy, Education, Elections, Gov Scott Walker, Government, Ideologues, Lawmakers, Medicaid, Middle Class, Politics, Public Employees, State Legislatures, States, Wisconsin, Wisconsin Republicans | Concealed Weapons, Deregulation, Government Accountability Board, Open Meetings, Recalls, Rep Gary Tauchen, School Vouchers, Telecommunications, Unions, Voter ID, Wisconsin Legislature |
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Hundreds of Wisconsinites lined Madison’s Capitol Square, Saturday, to welcome bikers from all over the Midwest and to protest Scott Walker’s attack on Wisconsin unions.
Just when Governor Scott Walker thought he memorized all the chants and signs, Wisconsinites revved it up a notch. Every kind of bike from Harley-Davidsons to Huffys descended onto the Square from Martin Luther King Jr. Blvd and South Hamilton St.
Eric Hartz, the organizer of the event, complemented the thunderous entrance with songs from the Raging Grannies, a social justice organization made up of older women. Other speakers included Sen. John Erpenbach, Sen. Mark Miller, Rep. Cory Mason, Rep. Peter Barca, Milwaukee Public School Teachers and the City of Middleton Fire Fighters.
Throughout the speeches you could hear the low rumbling from motorcycles surrounding the capitol building. “The sound from the engines and the crowd was overwhelming,” said Miriam Kopelow, a teacher at Wringra Middle School. “I could feel the chants of the people and the rumbling of the bikes.”
According to Rep. Cory Mason, motorcycles and collective bargaining rights have a special place in Wisconsin’s history. “There are two great things that were invented here in the state of Wisconsin,” said Mason. “One is public sector collective bargaining rights and the other one is Harley Davidson and no governor in their right mind would try to get rid of any of those fine institutions.”
Most of the bikers participating were veterans supporting the unions. Dave Boetcher, a member of the State Veterans Board, rode in support of public workers, but also talked about the privatization of the new veteran’s home in Chippewa Falls after private nursing home owners lobbied Gov. Walker.
“We are first and foremost a compassionate state,” said Sen. John Erpenback. However, Gov. Walker’s budget wants to “cut a third from the vocational colleges… a billion dollars from K12…turn back 20 years of
recycling” and ultimately wants “to destroy clean and open government in Wisconsin,” said Rep. Peter Barca.
Another Wisconsin invention Rep. Cory Mason pointed out, that will prove to be important in the coming months, is the right to recall elected officials. “We will continue this fight until we finally prevail, until we bring back our proud Wisconsin tradition that stands up for working people,” said Barca.
By: Summer Abdoh, Center for Media and Democracy, May 1, 2011
May 1, 2011
Posted by raemd95 |
Class Warfare, Collective Bargaining, Democracy, Education, Elections, GOP, Gov Scott Walker, Governors, Lawmakers, Politics, Public Employees, Republicans, State Legislatures, Teachers, Union Busting, Unions, Wisconsin, Wisconsin Republicans | Bikers, Eric Hartz, Harley-Davidson, Madison, Raging Grannies, Recalls, St Rep Cory Mason, St Sen John Erpenback, Veterans, Wisconsin, Workers, Workers Rights |
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About a month ago, Time’s Joe Klein noted his disgust with the Republican presidential field, lamenting the fact that the candidates are “a bunch of vile, desperate-to-please, shameless, embarrassing losers.” The whole lot looks like a “dim-witted freak show.”
But, Klein said, the field may not be set. The columnist pleaded with Indiana Gov. Mitch Daniels (R) to run. “I may not agree with you on most things, but I respect you,” Klein said. He added that Daniels seems to respect himself enough not to behave like a “public clown.” This is an extremely common sentiment. Daniels, the former Bush budget director who helped create today’s fiscal mess, is supposed to be The Serious Republican Candidate For Serious People. He has no use for culture wars — Daniels famously called for a “truce” on these hot-button social issues — and despite his humiliating record, the governor at least pretends to care about fiscal sanity, earning unrestrained praise from the likes of David Brooks.
Perhaps now would be a good time for the political establishment to reevaluate their opinion of Mitch Daniels.
Gov. Mitch Daniels of Indiana said Friday that he would sign a bill cutting off Medicaid financing for Planned Parenthood, a move that lawmakers in several states have begun pondering as a new approach in the battle over abortion. Indiana becomes the first state to go forward.
Abortion rights supporters condemned the decision, saying it would leave 22,000 poor residents of Indiana, who use Planned Parenthood’s 28 health facilities in the state, with nowhere to go for a range of women’s services, from breast cancer screening to birth control.
Daniels, who apparently no longer has any use for his own rhetoric about a culture-war “truce,” said his decision was dictated by the fact that Planned Parenthood provides abortion services, adding that the health organization can resume its state funding by refusing to help women terminate their unwanted pregnancies.
That only 3% of Planned Parenthood’s operations deal with abortions, and that public funding of abortions is already legally prohibited, apparently didn’t matter.
What’s especially striking about this is how cruel and unnecessary it is. Daniels has been governor of Indiana for more than six years, and he’s never had a problem with Planned Parenthood funding. He was Bush’s budget director for more than two years, and he never had a problem with Planned Parenthood funding.
But now that he’s thinking about running for president, and has hysterical right-wing activists to impress, now Mitch Daniels has suddenly discovered Planned Parenthood funding — which has enjoyed bipartisan support for decades — is no longer acceptable to him.
It’s not as if Planned Parenthood, its mission, or its menu of health services has changed. The only thing that’s changed is the radicalism of new Republican Party and those who hope to lead it. The real-world effect of Daniels’ cruelty is unmistakable: fewer working-class families will have access to contraception, family planning services, pap smears, cancer screenings, and tests for sexually-transmitted diseases. Indiana has 28 Planned Parenthood centers in the state, and most of its patients live in poverty.
Also note that this was as clear a test of Daniels’ purported principles as we’ve seen to date — he had to choose between fiscal considerations (millions of dollars in federal health care funding) and culture-war considerations (cutting off a public health organization to satisfy rabid conservatives). As of late yesterday — Daniels made the announcement late on a Friday afternoon, probably out of embarrassment — the governor prioritized the latter over the former. To prove his right-wing bona fides, Daniels decided to put politics ahead of women’s health.
Ironically, the Republican who claims to oppose abortions is going to make it more likely more women will have unwanted pregnancies.
It’s indefensible. Daniels should be ashamed of himself and the pundits who praised Daniels’ “seriousness” should feel awfully foolish right about now.
By: Steve Benen, Political Animal, Washington Monthly, April 30, 2011
April 30, 2011
Posted by raemd95 |
Abortion, Class Warfare, Conservatives, GOP, Governors, Lawmakers, Medicaid, Planned Parenthood, Politics, Republicans, Right Wing, States, Women, Women's Health, Womens Rights | Culture Wars, Families, Financial Crisis, Gov Mitch Daniels, Indiana, Joe Klein, Low Income, Poor, Time Magazine, Working Class |
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