Army of Rightwing Groups Plan Assault on State Laws in 2014 Common Dreams ...more than forty state-level conservative groups are planning a "US-wide assault" on "education, healthcare, income tax, workers' compensation and the environment..."
Does Lowering Corporate Tax Rates Create Jobs? Answer is a resounding "no" ataxingmatter ... a supermajority (22) of the 30 corporations paying the HIGHEST tax rates created 200,000 jobs between 2008 and 2012, while only 8 of those 30 had any reductions in the number of employees. IN contrast, the 30 profitable corporations paying no or very little taxes in that period had an aggregate loss of more than 51,000 jobs--half created a few jobs and half reduced jobs between 2008 and 2012...
Members of Congress: Fast Tracking the TPP is a Non-Starter Public Citizen ...On the eve of an attempt by executive branch negotiators to rush the controversial Trans-Pacific Partnership (TPP) to conclusion in negotiations happening in Singapore this weekend, members of Congress, speaking from the floor of the U.S. House of Representatives on Wednesday, declared that an attempt to Fast Track the secretive, sweeping pact through Congress would be dead on arrival...
Lies, Damn Lies, and Retirement Savings Economic Policy Institute ...The sad reality is that the only households with any 401(k) savings to speak of are white non-Hispanic college-educated married couples. Even within this narrow demographic, all but the wealthiest, who use retirement accounts as tax shelters, would be better off under a more egalitarian and efficient system...
Citigroup and JPMorgan Settle With EU Commission for Rigging Libor; U.S. Justice Department Stays Mum Wall Street on Parade ...As lawsuits by municipalities across America pile up in the courts, the question on everyone’s mind is: “why isn’t the Justice Department bringing charges against U.S. banks”?...
U.S. IRS not fully ready for law against offshore tax evasion -watchdog Reuters ...The U.S. Internal Revenue Service has spent 19 months and more than $8.6 million getting ready to enforce a new law against offshore tax evasion that takes effect next year, but the agency is still not prepared, a watchdog group said...
The One-Day Strike: The New Labor Weapon of Last Resort Time ...“You don’t know if something like this is going to fizzle out or if it’s going to keep going and gaining steam and hit a tipping point where change can actually happen.”...
