Leo W. Gerard

President’s Perspective

Leo W. Gerard USW International President

Shiftless Corporations Renounce America

Shiftless Corporations Renounce America

Early last week, the drug firm Mylan stomped on the Stars and Stripes as it ditched America for the Netherlands. Then, on Friday, the drug company AbbVie similarly renounced America. For 30 pieces of silver, it will become Irish.

Medical device maker Medtronic deserted America for Ireland last month. The pharmacy chain Walgreens recently announced it may be next. It plans to dump the land of the free for the bows and scrapes of royal subjects.

Walgreens is willing to prostrate itself before Queen Elizabeth because the British corporate tax rate is lower. Anything for money, right AbbVie? These firms will still park their assets and staff and sales in America. They just won’t pay taxes on foreign income to the country that nurtured them, protected them from patent violators and unfair competitors, and provided them with educated workers, federally-sponsored research and development, and myriad other public services. Now, they can freeload instead. As a result, their U.S. competitors, as well as hardworking Americans, will pay more to cover the shirkers’ share.

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North Carolina’s Moral Freedom Summer

Jim Hightower

Jim Hightower Author, Commentator, America’s Number One Populist

North Carolina’s Moral Freedom Summer

The Moral Monday movement is mobilizing again.

This feisty coalition, based in North Carolina, is an inspiring model of workaday people coming together to reclaim their rights from far-right-wing politicians and plutocrats running amok.

Led by the NAACP, tens of thousands of North Carolinians have joined the Moral Monday civil disobedience protests at the state capitol for more than a year.

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Manufacturing a Middle Class with Quality Jobs

Dave Johnson

Dave Johnson Fellow, Campaign for America's Future

The main presenter at Saturday’s Netroots Nation panel “Manufacturing a Middle Class with Quality Jobs” was Rep. Dan Kildee (D-Mich.), representing Flint. Get to know about this guy – he is an absolute rock star. He is sharp, funny and, most important, he is right on top of things. He “gets it” about manufacturing, trade, inequality and the need to invest in building a sustainable economy that provides good-paying jobs and benefits so we can have a thriving and prosperous middle class and ladders up into that middle class for people.

Also on this panel were moderator Joe Sudbay, who we know from AmericaBlog, Laura Clawson from Daily Kos, Scott Paul of the Alliance for American Manufacturing and Durwin Royal (another rock star), President of United Steelworkers Local 4134, representing more than 1,200 union members in East Texas.

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GOP: Tax Evasion as a Back Door Strategy

Jared Bernstein

Jared Bernstein Senior Fellow, Center on Budget and Policy Priorities

GOP: Tax Evasion as a Back Door Strategy

My CBPP colleague Chuck Marr flags something important from a recent press release by Rep. Dave Camp, the Republican Chair of the tax writing committee in the House.

In regard to their bill to patch the Highway Trust Fund through next May, Rep. Camp writes:

I certainly do not support permanent tax increases to pay for just 10 months of highway programs. Furthermore, it is inconceivable that the House would, as the Senate proposes to do, grant the IRS additional authority to audit and investigate taxpayers simply so Washington can spend more money.

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CEOs Who Succeed Without Being Granted Hundreds of Times the Pay of Average Workers

CEOs Who Succeed Without Being Granted Hundreds of Times the Pay of Average Workers

Union Matters

GOP Ensuring IRS Can’t Find Tax Cheats

Arizona congressman Paul Gosar likes to tell his constituents that “I live just like the rest of you folks.” He doesn't. Gosar's lawmaker salary alone runs five times his district’s median income. Gosar also owns “substantial real estate,” plus a local business and a dental practice. His total net worth runs north of $2 million. A fortune that “modest” won't by itself, of course, gain Gosar entry into top plutocratic circles. What will: his push last week to slash funding for the IRS. A Gosar House floor amendment to ax the IRS budget by $353 million passed on a voice vote. Gushed Gosar: “I am ecstatic.” Gosar’s move cuts a quarter of the resources the IRS can devote to finding tax cheats. The IRS already only audits 0.4 percent of partnership returns, a tax return category dear to the hearts of wealthy tax evaders.

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