Just like in Oregon, corporations who want to make profits in CA should be advised that they will have to pay their fair share in taxes. If this leads to corporations leaving the state, we can rest assured that there are many, many smaller companies ready to pony up for a shot at our citizen/consumers. The same increased tax rate should hold for the extremely wealthy who desire to live here. This would EASILY solve CA's budget problem without starving more women and children.
Herein was set into motion the Eristic Pattern, which would repeat Itself Five times over Seventy-Three times, after which nothing would happen. Hail Eris!
Thursday, February 17, 2011
Theft of the Commons
Just like in Oregon, corporations who want to make profits in CA should be advised that they will have to pay their fair share in taxes. If this leads to corporations leaving the state, we can rest assured that there are many, many smaller companies ready to pony up for a shot at our citizen/consumers. The same increased tax rate should hold for the extremely wealthy who desire to live here. This would EASILY solve CA's budget problem without starving more women and children.
Thursday, September 09, 2010
Dear Tea Partiers, Let's Get Mad Together
By PAUL BUCHHEIT, COUNTERPUNCH
Not because the government does too much. But because it's done too little.
Consider a few disturbing truths:
-- We cry 'socialism!' at the mention of higher taxes, but we allow a
businessman to make enough money to pay the salaries of every police
officer, firefighter, and public school teacher in the city of Chicago.
-- The richest 1% had a big slice of the American income pie in 1980.
Since that time, they've cut a second piece of the same size for
themselves, and then a THIRD piece! Three times as much in 25 years. They
got this extra pie not from being good hard-working little boys, but from
tax cuts and deregulation.
-- As Howard Zinn argued, low-income people go to jail for thefts of a few
hundred dollars. The people who take BILLIONS from society by calling
their income "carried interest" instead of income are considered shrewd
capitalists.
-- And how about corporations, the driving force of a 'revitalized'
economy? Right now the 500 largest non-financial corporations are sitting
on $1.8 trillion in cash instead of investing in people. And they're not
paying much in taxes. The portion of federal revenue derived from
corporate income tax decreased from 33% in the 1950s to 12% in 2005.
Companies have saved billions by moving their headquarters to tax havens
such as Bermuda or the Cayman Islands. Business-backers claim that the
U.S. has one of the highest corporate tax rates among OECD countries, but
the U.S. is actually the fourth lowest among OECD countries in the
collection of corporate taxes as a percentage of GDP.
Tea Partiers, we should get mad together at government, because they've
done too little to correct these injustices. It is not in their own best
interests to raise taxes on the rich.
And we should get mad together at the mainstream media for not reporting
on the abuses of the small percentage of very wealthy people who make it
so hard on the rest of us.
Paul Buchheit teaches in the School for New Learning at DePaul University.
--
Pete
Belief is the death of intelligence--Robert Anton Wilson
Monday, October 20, 2008
Colin Powell Slams McCain After Endorsing Obama
By Steve Benen, Washington Monthly
http://www.alternet.org/blogs/election08/103696/After his "Meet the Press" appearance, during which he endorsed Barack Obama, Colin Powell stopped to answer reporters' questions outside the studio. As it happens, his remarks were nearly as interesting after the program as they were during.
Powell was asked about the relentless negativity of the McCain campaign, and Powell made no effort to hide his disappointment. Perhaps most importantly, Powell noted that the constant right-wing efforts to a) falsely label Obama as a Muslim; and b) make "Muslim" some kind of slur, not only undermines national unity, but also damages America's standing in the world. "Those types of images going out on Al Jazeera are killing us around the world," Powell said.
He went on to express his disgust for Rep. Michele Bachmann's (R-Minn.) neo-McCarthyism. "We have got to stop this kind of nonsense," Powell said, "pull ourselves together, and remember that our great strength is in our unity and in our diversity."
Tying it all together, Powell concluded, "We can't judge our people and hold our elections on that kind of basis. Yes, that kind of negativity troubled me. And the constant shifting of the argument, I was troubled a couple of weeks ago when in the middle of the crisis the campaign said, 'We're going to go negative,' and they announced it. 'We're going to go negative and attack his character through Bill Ayers.' And now I guess the message this week is we're going to call him a socialist. Mr. Obama is now a socialist, because he dares to suggest that maybe we ought to look at the tax structure that we have. Taxes are always a redistribution of money. Most of the taxes that are redistributed go back to those who pay them, in roads and airports and hospitals and schools. And taxes are necessary for the common good. And there's nothing wrong with examining what our tax structure is or who should be paying more or who should be paying less, and for us to say that makes you a socialist is an unfortunate characterization that isn't accurate."
Powell has gotten a good look at what's become of his Republican Party, and he really doesn't like what he sees.