Economics


Corporate Tax Dodger…General Electric

Government Lobby
Corporate Tax Dodger . . . General Electric  This is the fourth in a series on corporate tax dodgers that will be presented over the next several weeks. These summaries are taken directly from the report on Corporate Tax Dodgers by Americans for Tax Fairness and the Institute for Policy Studies  “Over the last 15 years, GE has spent more than $284 million lobbying Congress, an average of $100,000 every working day for the last decade and a half.” Given that General Electric (GE) is one of the largest tax dodgers in America, it is a complete mockery of hardwo...

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Wausau Move to Amend in the Wausau Daily Herald

Move to amend
A group of Wausau citizens are working to protect our democracy.  They are looking to get the money out of politics and having our government more accountable to the citizens, not to whoever gives the most money.  Super PACs and lobbyists are drowning out the ordinary person’s voice and putting our representatives in a difficult position.  These representatives find it difficult to listen to the people when the “big” money speaks louder.  With a Constitution amendment regulations again can be put on campaign finances and all citizens will have a voice. Read ...

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Who’s Helped By Raising The Minimum Wage?

Minimum Wage Protest
The minimum wage struggle is an issue which affects so many individuals and families

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Corporate Tax Dodgers . . . Citigroup

Money Hanging
This is the third in a series on corporate tax dodgers that will be presented over the next several weeks. These summaries are taken directly from the report on Corporate Tax Dodgers by Americans for Tax Fairness and the Institute for Policy Studies  It isn’t enough that Citigroup was among the Wall Street banks whose fraudulent and predatory “exotic financial instruments” caused the collapse of our economy. It isn’t enough that they were bailed out with hundreds of billions of public tax dollars. It isn’t enough that Citigroup’s tax dodging is driving ...

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Demand a New Approach in Iraq

Iraq Protest
President Obama's decision to sent 300 special forces “trainers” to Iraq is taking us back to war and the same mistakes of the past. It will not help the situation in Iraq. We spent 11 years “training” the Iraqi police and military. Why do we think 300 can do now what 150,000 could not do before? The deteriorating situation in Iraq proves that our intervention and occupation failed. It did not build a stable country. It did not promote democracy. It did not defeat extremism or curb terrorism. It only killed people and wasted money. Why do we continue to throw ...

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Corporate Tax Dodgers . . . Bank of America

Corporate Tax Rate
This is the second in a series on corporate tax dodgers that will be presented over the next several weeks. These summaries are taken directly from the report on Corporate Tax Dodgers by Americans for Tax Fairness and the Institute for Policy Studies Bank of America is one of the "too big to fail" "to big to jail" Wall Street banks whose unethical practices led to the economic collapse in 2007-2008. Bank of America received billions of public tax dollars to keep it afloat during the recession. Because of the bank's abusive lending practices, hundreds of thousands of ...

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Corporate Tax Dodgers . . . Microsoft

More Profit
This is the first in a series of articles on corporate tax dodgers that will be presented over the next several weeks. These summaries are taken directly from the report on Corporate Tax Dodgers by Americans for Tax Fairness and the Institute for policy studies    It is a bitter irony that some of the wealthiest people in America, those most responsible for causing government debt, are doing everything in their power to balance the budget on the backs of average workers. Yet this is the case.  Multi-billionaire Steve Ballmer, CEO of Microsoft, one of the largest ...

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The Global Fast Food Workers Strike

Wausau Strike
As many are aware, the global fast food workers strike took place this past May 15th. There were participants all over America. Citizens of all ages and backgrounds took part, and these were some of the comments from the courageous individuals who marched in Wausau: “What 15 & a union means to me: Protection from wage theft and income inequality. As a worker, I’ve seen wage theft happen first hand. Whether it’s not getting paid during training, taking out the trash on breaks, or even counting registers off of the clock, these are all forms of wage theft ...

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National Security: Less is More

national-security
The Pentagon, and all the other national “security” spending, is a major reason we have  taxes, deficits, and budget problems. The Center for Defense Information, a think tank run by former military officers say: “Pentagon costs, taken together with other known national security expenses for 2015, will exceed $1 trillion.” “There is much more than $495.6 billion in the budget for the Pentagon, and there are piles of national security spending outside the Pentagon...” They list total national security spending outside the Department of Defense ...

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WHAT DOES THE FARM BILL MEAN?

Farm
In February, the US Congress passed the Farm Bill in the amount of $958.6 Billion. This money will be spent in the next ten years. Its official title is the Agriculture Act of 2014. US farmers make up less than 2 per cent of the population. Why do they receive so much money? According to the Wisconsin Farmers Union, this legislation is really about food and nutrition. Seventy per-cent of the funds will support SNAP, WIC and the U.S. school lunch program. SNAP is the federal food stamp program, now called the Supplemental Nutrition Assistance Program. WIC is the public ...

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