Archive

Archive for the ‘Corporate tax rate’ Category

Reply to Conservative on Unions, WHAT? Part 2

No Unions, REALLY?!?

No Unions, REALLY?!?

Pradheep Shanker reply to my initial post, see HERE.

+Anthony Gaston I agree with the historical context.

Let me ask you…what major contribution have unions in America made in the past three decades?

As far as I can tell, they have largely become defenders of the status quo, in a era of tumult and change.  At a time when they should have been adapting to the changing world, they have largely held true the ideals of the 1950s and 1960s…and that has not served them well.

My reply

Unions have not helped to maintain working standards since their inception; they have attempted to prevent the out-shoring of American jobs, equal pay for women (Lilly Ledbetter act), anti-gay firings, and a myriad of other worker protections. One has to look at a couple of things that have vastly degraded the effectiveness of unions. You can look at our ridiculously unfair trade policies (unfair to America and favorable to other nations), the right-to-work-for-less legislation, the increasing power of corporations over our legislation, Corporate person-hood, not using the buy American provision, and a slew of other anti-worker initiatives that are killing the American workforce.

You may be conflating the lack of major contributions (whatever you are defining that as) with the vast array of improvements in work place safety, personal privacy (such as employers being able to use your Facebook, G+, or other personal communications) as a determiner of employment, and collective bargaining (which is one of the clearest forms of freedom, that I have seen suppressed, in years).

Defenders of the status quo is a great thing unless you think that American should follow China standards, or lack thereof? You referenced “adapting to the changing world”; what do you mean by that? Should Americans work for 2 dollars a day like China or Singapore? Read more…

Advertisements

America Has The Highest Corporate Rates In The World! REALLY!!??

December 4, 2012 1 comment
2012-12-04_1357

Tax to GDP Ratios in the OECD area, 1975 to 2009
CLICK TO ENLARGE!!

In the vast caverns of the Republicon/corporate political ecosystem one will hear that constant bombardment of “America has the highest corporate rates in the world” which is true if you only look at the surface numbers. Surface facts are often used to miss-lead the American populace into subscribing to policies and doctrines that only benefit the 1 to 5 percent of America. Conserva-Dems, Republicons, and the corporate trolls find this lie particularly pleasing to utter.

With all due respect, Republicons are masterful at getting around 45% of Americans to believe things that are just factually untrue and economic disasters except when used as a form of upward wealth extraction. Some of the near and dear ones to the wallets of the financially elite are “Death tax“, “death panels“, “job creators“, “tax cuts equates to job growth“, “war on Christmas“, “welfare queens“, “makers and takers“, and “freedom (in terms of Healthcare and social Security)”. The bevies of deceitful terms that are in common use today by those calling themselves “conservatives” are endless; see Thom Hartmann’s book “Cracking The Code” for further enlightenment. These phrases may come off the tongue smoothly, but what do they mean by them and what has been the proven result of following this ideology?  As the saying goes “figures don’t lie, but any liar can figure”! Resisting the urge to go into a rant about all of those misleading words; they are another subject, for another blog, on another day!

Republicons and corporate toadies will not miss an opportunity to utter “the US has the highest tax rates among OECD (Organisation for Economic Cooperation and Development) countries in the world”, but this political talking point is an easily dis-proven phrase. Now the mere utterance of that phrase is not untrue, but it conveniently fails to disclose the truth behind the phrase. While America’s corporate tax rate is the highest among the top developed countries in terms of the number, maxing out at 35%. America has the lowest actual paid rate in the developed world, as a percentage of Gross Domestic Product (GDP) America is dwarfed by other countries. This simply means that America collects the least amount of tax dollars than all but 2 of the OECD countries. Read more…

%d bloggers like this: