taxes

Why do Republicans Hate Social Security?

Here's Charles Krauthammer (the Fox News pundit) writing for the Washington Post -- "Some in Congress are talking about a 10- or 20-cent hike in the federal tax [on a gallon of gasoline] to use for infrastructure spending. Right idea, wrong policy. The hike should not be 10 cents but $1. And the proceeds should not be spent by, or even entrusted to, the government.

Should Billionaires be Taxed for Social Security?

Everybody is picking on the multi-billionaires. The beggars (aka "the takers") are always holding out their hand and constantly demanding more — a living wage or a minimum wage, healthcare insurance, paid sick days, vacation days, safety regulations, equal pay for women, pension contributions ... the list goes on and on. When will it ever stop? And can multi-billionaires even afford these unreasonable demands without tanking the entire economy?

Congress Ushers in 2013 with a Resolution to Push the Economy to the Brink

capital buildingPast the final hour the House finally passed a bill to avert the fiscal cliff. The Senate had passed the legislation in the wee hours of New Years Day and after much brew ha-ha the House allowed an up and down vote on the Senate bill. We have listened to months and months of squabbling, bringing the economy to the brink over a very simple final result that could have been passed months ago.

Book Review - The Fine Print

fineprint johnston No one can ferret out the economic and tax outrage like David Cay Johnston. His new book, The Fine Print exposes more shafting of the U.S. middle class through fees, contracts and taxes, this time all buried in the details. Johnston tallies up all of the fees, overcharges and gifts to corporations to show small font corruption costs each American family of four about $2,390 per year.

Most of us know we do not have government by and for the people. Johnston documents the never ending collusion between corporate America and government. That's all government, federal, state, local and even the court system working not for the national interest, but for corporate America's interests. The book is front loaded with all sorts of outrage which should get your blood boiling. No political party and their agendas are spared.

Did you know state and local governments give corporations at least $70 billion per year in rebates and tax breaks? Some corporations get over 90% of new facilities paid for by taxpayers. Did you know corporations get massive state and local tax givebacks on the promise of a few jobs? State and local governments pay hundreds of millions of dollars for a few jobs which pay little, if the company bothers to hire any Americans at all. One deal for Verizon amounted to paying $3.1 million dollars per job promised by the company.

Saturday Reads Around the Internets - Give Us Your Password for a Job

shocknews Welcome to the weekly roundup of great articles, facts and figures. These are the weekly finds that made our eyes pop.

 

Employers Demand Your Facebook Password

Surely this should be illegal, but for now it isn't. Potential employers, during an interview, are demanding applicants private passwords to personal online accounts.

When Justin Bassett interviewed for a new job, he expected the usual questions about experience and references. So he was astonished when the interviewer asked for something else: his Facebook user name and password.

Bassett, a New York City statistician, had just finished answering a few character questions when the interviewer turned to her computer to search for his Facebook page. But she couldn't see his private profile. She turned back and asked him to hand over his log-in information.

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