Once again, the Waltons — the exploitative multibillionaire heirs to the Wal-Mart fortune — get the goldmine, while workers and taxpayers are stuck with the shaft. It's shameful. But shameful is one of Walmart's core values.
Some economists blame upward redistribution of income, which reduces overall demand, for excessive unemployment. However, upward redistribution is only part of the explanation. The trade deficit is a much bigger part of the picture.
The founder of Restaurant Opportunities Centers United is on the front lines with restaurant workers, highlighting their plight and giving them a voice to challenge the National Restaurant Association.
Why is it that any time you hear the word “reform” coming out of Washington it always ends badly for about 99 percent of us? Here are some actual reforms that are need for corporate tax reform.
Just when you thought the plutocratic profiteers running America’s low-wage economy couldn’t get any more clueless, self-serving, pious, and mingy — along comes Lady Maria of Marriott, magnanimously saying: “Let them eat tips."
The conversation was enlightening. It was also alarming – as in, a wake-up call. There's substantial polling data which lays out what must be done. The question is, Will enough Democrats get the message?
Ask people what they think of NAFTA and you'll learn that people get it. People absolutely hate "NAFTA-style" trade deals. People are voting based on this – when given the chance.
Voters want candidates who will support classroom teachers and oppose funding cuts to public schools. Democrats can make support for public education a winning issue.
Extortion is the practice of obtaining something of value through fear, using force, threats or coercion. What does it mean when the owners of big companies say they will move if we don't cut their taxes? This is extortion.
As fast-food workers across the country strike for decent pay, Burger King is still preparing to abandon the US as their home country. How does a burger company get flipped like this and who gets rich when it happens?
Corporate taxes used to be 46 percent. Corporations played an extortion game, saying lower our taxes or we'll move out of the U.S. The U.S. gave in and "reformed" the tax rate to 35 percent. Now the corporations are back for more.
As the campaign enters into its last weeks, ordinary voters begin to pay attention. People don't seem to be buying what Republicans are selling. But Democrats can overcome the odds only if they turn to a more populist voice.
Originally sold as protecting investors from "banana republic" dictators our "NAFTA-style" trade agreements now are protecting giant corporations from the efforts of citizens in democracies to make their lives better.
With polls showing most Americans just hate companies that renounce their U.S. citizenship to dodge paying their taxes, the DC/corporate-centric outlet Politico says Democrats are making a mistake by pushing this issue.
Amidst the lack of action on raising the minimum wage at the federal level, Seattle has taken lead. Just this June, the Seattle City Council voted unanimously to increase the city’s minimum wage to reach $15 an hour by 2017.
New York Democratic Senator Chuck Schumer has introduced a bill aimed at fighting the corporate tax-dodging practices of "inversion" and "earnings stripping" which involve use on non-US affiliate companies.
A new poll confirms that voters don’t just want their Social Security benefits protected; they want them expanded. A firm stand as defenders and expanders of Social Security is a winner for Democrats.
Democrats have very little time in which to tell that voters exactly what they would do to create more and better jobs, how that would benefit both the unemployed and the underpaid middle class, and who's stopping them.
With the midterm elections only two months away, the Democratic Party’s prospects seem doubtful. The party needs a spark, a fire, a source of inspiration. An embrace of the minimum wage could be exactly what it needs.
An obscure provision in the Affordable Care Act, a new report details, raises taxes on firms that overpay their top execs. The only problem: The provision so far only applies to corporations in one industry.
Labor Day was last weekend. For the occasion we interviewed our own Robert Borosage on The Zero Hour radio program regarding his piece entitled "Inequality: A Broad Middle Class Requires Empowering Workers."
With less than 7 percent of the private workforce represented by a union, the share of national income going to workers is near record lows. Democrats must once more make empowering workers central to their program.
The rules set down in our democracy can’t be enforced unless We the People can organize to be powerful enough to overcome the great wealth and power of a few ultra-billionaires and their corporations.
Tolstoy wrote that "kings are the slaves of history." Unfortunately for Burger King, which intends to renounce its American status for tax purposes, neither history nor public opinion is on its side.
A new CAF report makes a compelling case: Rebuilding America's broad middle class requires reviving a strong union movement. Labor helped build the middle class; and as labor lost ground, so did the middle class.
In one of its lesser-known provisions, the Affordable Care Act limited tax breaks health insurers could claim for executive compensation. While that may sound arcane, the implications could be profound and far-reaching.
Legislation to do something about corporations renouncing their U.S. "citizenship" is before Congress. The odds are that Republicans will block it – and not just because they have obstructed everything else.
Every part of Burger King’s success was enabled up by our taxpayer-funded American system. Now Burger King wants to take off from the country that made them what they are. But they still want us to eat their food.
Corporate tax rates used to top out at 52.8 percent. They are now 35 percent. Now they want rates lowered even more. But are corporate tax rates really "uncompetitive?" And what does that even mean?
The idea of American corporations renouncing their citizenship to get out of paying for the services that they will still be using has pushed public opinion over the edge.
The economy is improving and the behind-the-scenes numbers that economists and business types pour over look better than they have looked in a long time. But the voters Democrats need just aren't feeling this.
August 14 is Social Security’s birthday, which raises the question: what do you give the program that has everything? After all, Social Security enjoys massive public support. It’s the most efficient program of its kind in the country.
What's the old Republican saying? "When I vote for a Republican, I want the real thing. I accept no substitutes." What's the old Democrat saying? "If I can't find a real Democrat to vote for I guess I'll just stay home."
Should Democrats run on what needs to be done or touting what has already been done? You wouldn't think this is a hard question. But the White House thinks its time to brag on the economy.
The game plan: Adopt your competition’s failed economic agenda, make yourself your opponent’s pallid shadow, and base your campaign on issues, positions and priorities that have little or no support among voters.
New interviews with leading voices in the progressive education movement have brought to light how policy compromises forged by centrist Democrats have enabled truly bad consequences for public education. Progressives are saying "enough"
A Republican Senate candidate comes out against the Trans-Pacific Partnership. Two open letters from members of Congress question it. A former WTO director-general warns about it. And there are actions you can take.
Big news: Walgreens will not “invert” to become a Swiss company to avoid U.S. taxes. This is a victory for a powerful alliance of citizen groups under the banner of Americans for Tax Fairness. Now let's reform corporate taxes.
Walgreens has announced that it won't do an "inversion" that will enable it to cut its corporate taxes by renouncing its U.S. citizenship. But we still need to deter other companies from going that route.
If you get a speeding ticket, do you get to deduct the fine from the income tax you owe? Then why should JPMorgan Chase be able to deduct from its taxes a $20 billion fine for wrongdoing as a cost of doing business?