As seen on: https://www.alternet.org/labor/ceo-tax-con Apple CEO Tim Cook announced this week that the company would repatriate $252 billion, give or take a few billion, then create some American jobs and invest in America – for a change. This is a result of the massive tax cut Congressional Republicans...
Fat Tuesday is Mardi Gras, a day of revelry, gluttony, intoxication and showers of shiny plastic beads. It is the party to end all parties because it’s followed by Ash Wednesday, when Lenten sacrifices commence. Fat Cat Tuesday is the day – Jan. 2, 2018 –...
Republicans promised the American people a tax bill for Christmas, and this week they delivered. It’s definitely a bill for working people and the poor because by 2025, they’ll pay more. For them, poverty is the new black. By contrast, Congress bestowed 83 percent of the new tax law’s benefits on...
Ford hit Michigan and its auto workers with some crappy holiday news. Instead of building a $700 million electric vehicle factory in Michigan as promised in January, Ford will construct the plant in Mexico. Ford reneged on its promise to Michigan workers just days after the Senate...
A giant sucking sound, louder than a freight train, noisier than a tornado, shriller than Ross Perot yelling, “I told you so,” blasted across the nation yesterday as Republicans in the U.S. House passed their tax plan. It was the terrible sound of jobs swept out...
Congressional Republicans are selling a trickle-down tax scam times two. It’s the same old snake oil, with double hype and no cure. A single statistic explains it all: one percent of Americans – that is the tiny, exclusive club of billionaires and millionaires – get 80 percent of...
Giant corporations, loyal to coin and faithless to country, staged a public display of blubbering in the run up to this week’s fourth round of negotiations to revise the North American Free Trade Agreement (NAFTA). Whaa, whaaa, whaaaa, groups like the U.S. Chamber of Commerce sniveled...
President Donald Trump, author of “The Art of the Deal,” said this week that China is giving American workers and companies a crummy one. He promised to do something about it. This occurred within days of his Commerce Secretary, Wilbur Ross, demanding “fair, free and reciprocal”...
Promises were made. And workers believed candidate Donald Trump when he pledged to stop corporations from exporting American factories. Workers cast votes based on Trump swearing he would end the trade cheating that kills American jobs. This week, though, workers got bad news from Washington, D.C. President...
Ever worsening is the chasm between the loaded, who luxuriate in gated communities, and the workers, who are hounded at their rickety gates by bill collectors. Even though last week’s Bureau of Labor Statistics report showed unemployment at a low 4.4 percent, wages continue to flat-line, killing both...