Fighting Tax Cuts for the Rich

From the AFL-CIO

The AFL-CIO and our allies are fighting for tax and budget policies that meet the needs of working people.

Real tax reform will close the loopholes that give massive tax breaks to companies that outsource jobs and profits, and require millionaires and Wall Street to pay their fair share.

Responsible lawmakers will use tax revenue to create good jobs for working people now and in the future, while still funding critically important programs like Social Security, Medicare and Medicaid.

The $1.5 trillion tax cut hailed by House Republican leaders isn’t reform. It’s just another giveaway to the rich and powerful, while working people pay the tab.

Tell Congress to reject the GOP tax "reform" bill!

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Posted In: Union Matters

Union Matters

An Invitation to Sunny Miami. What Could Be Bad?

Sam Pizzigati

Sam Pizzigati Editor, Too Much online magazine

If a billionaire “invites” you somewhere, you’d better go. Or be prepared to suffer the consequences. This past May, hedge fund kingpin Carl Icahn announced in a letter to his New York-based staff of about 50 that he would be moving his business operations to Florida. But the 83-year-old Icahn assured his staffers they had no reason to worry: “My employees have always been very important to the company, so I’d like to invite you all to join me in Miami.” Those who go south, his letter added, would get a $50,000 relocation benefit “once you have established your permanent residence in Florida.” Those who stay put, the letter continued, can file for state unemployment benefits, a $450 weekly maximum that “you can receive for a total of 26 weeks.” What about severance from Icahn Enterprises? The New York Post reported last week that the two dozen employees who have chosen not to uproot their families and follow Icahn to Florida “will be let go without any severance” when the billionaire shutters his New York offices this coming March. Bloomberg currently puts Carl Icahn’s net worth at $20.5 billion.

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