Working Life

With tax day looming, I’ll try to throw in more on the crazy world of tax policy — which usually means how corporations and rich people are taking us for a ride courtesy of very willing politicians. Today, it’s all about tax extenders.

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Most of the nonsense coming from Congress about budgets — and that nonsense is particularly of a Republican Party flavor but also emanating from Democrats — touts more tax breaks and tax cuts for business. It’s entirely crazy. The one island of sanity comes from the Progressive Caucus.

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What I really like about corporate skullduggery is that at least it’s usually done with big numbers, as in billions of dollars. Nothing on the cheap (except, of course, when it comes to paying workers). In another installment of “how can we fill our coffers, pay our CEO millions of dollars and fleece the public” comes today’s news: Corporate-based America is robbing the states of billions of dollars by dodging taxes.

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A bit amusing. The bankrollers of the Republican Party (and the Democratic Party as well) are pissed…at the Republican Party. They were made for each other.

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No one is going to be surprised by this news. It was pretty evident by the facts on the ground: The Justice Department has not been telling the truth about its mortgage fraud investigations and prosecutions. This pretty serious allegation has considerable weight given that it comes not from some blogger or analyst but directly from the Department’s own Inspector General.

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It’s sort of a tiring exercise. Each time some so-called “free trade” deal comes up, the president at the time (read: Bill Clinton, George Bush and Barack Obama) trots out a whole series of phony arguments to make the case for a very bad agreement–bad if you are anything but a corporation. You have to willfully ignore past evidence to swallow the same old tired arguments used to ram through these crappy agreements. But, let’s celebrate an anniversary here to trumpet the collapse of any plausible argument being used to sell the Trans-Pacific Partnership (TPP).

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With one hand, he giveth a few dollars to the people, and with the other hand, he showers huge corporations with a tax gift that is astounding in its…audacity? That’s how I suggest you can look at the president’s executive order to pay more workers overtime (a good thing) versus his budget proposal to…pay attention now..CUT corporate tax rates.

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Why does Apple avoid paying taxes? Because it can.

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I know, you are shocked, shocked, shocked that the proposal from Congressman Dave Camp, the Republican chairman of the House Ways and Means Committee, is awful. But, good to have the facts on exactly why.

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Tom Daschle wasn’t the worst Democrat you could have in the Senate–yes, a back-handed compliment. Kind of populist on some issues. But, since he was defeated for re-election, he’s turned into a real corporate hack mouthpiece. Especially on trade.

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