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Showing blog posts tagged with corporate welfare

Time to End California’s Corporate ‘Gravy Train’

Steve Smith, California Labor Federation | In The States

California Labor Federation Executive Secretary-Treasurer Art Pulaski/CLF photo

Hundreds of workers descended on the California state Capitol yesterday as part of the California Labor Federation’s legislative conference lobby day with a simple message for both Democrats and Republicans in office: “ End the Corporate Gravy Train .” They were referring to the state’s wasteful enterprise zone program, which takes money away from schools, infrastructure and other valuable services to line the pockets of corporate CEOs at Walmart and other large, profitable corporations.

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Something Tells Us Tax Dodgers Are in No Hurry to 'Fix the Debt'

Sarah Lewis | Political Action/Legislation

Photo courtesy of Americans for Tax Fairness: www.americansfortaxfairness.org

Ladies and gentleman, meet the tax-dodging gazillionaires behind Fix the Debt, a  billionaire-funded  group of  millionaire CEOs  trying to  take away your retirement security  and  raise your effective tax rate while lowering their own tax liability .

Fix the Debt bills itself as a “ non-partisan movement to put America on a better fiscal and economic path .” However, the group touts a non-specific tax plan that members are calling “ Simpson-Bowles Plus ,” a plan that cuts Social Security and Medicare benefits, guts tax credits and benefits that many working families rely on, widens tax incentives for corporations to offshore jobs and lowers tax rates for corporations and the wealthy. Basically, it’s a wish list for millionaire CEOs!

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Innovation@Work See How America's Unions Make a Difference

Does the Boss Pocket Your State Taxes?

Mike Hall | Corporate Greed

Photo by eyewashdesign: A. Golden/Flickr

Remember the state fiscal crisis, when state treasuries were running out of money because revenues (aka taxes) were down and cuts to education, health care, public safety and roads were the flavor of the day?

One of the little known factors behind this loss of revenue to state treasuries—and this is hard to believe—is that in 19 states, with  Pennsylvania on the verge of becoming number 20 , corporations are pocketing workers’ state income taxes instead of sending the weekly withholding to the state where it could be used to help pay for education, health care, public safety and roads.   

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Palermo’s Pizza Doesn’t Deliver—On Jobs

Mike Hall | Organizing/Bargaining

Palermo’s Pizza Doesn’t Deliver—On Jobs

Palermo’s Pizza, where workers have been  on strike since June 1 protesting unfair labor practices, has received some $26 million in local, state and federal funds since 2005. The majority of funds were earmarked for job creation and economic development. But a new report from the AFL-CIO Center for Strategic Research finds little evidence Palermo's has kept its word.

Released today in Milwaukee, “ Too Much Pork in the Pepperoni Pizza ?” finds that because of the lack of transparency and accountability on the part of Wisconsin Economic Development Corp. (WEDC), which administered much of Palermo’s corporate welfare, “We can’t know whether Palermo’s has kept its promise.”

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5 Reasons Why the Rich and Big Business Need Government

Mike Hall | Corporate Greed

If the bad guys in the classic movie, “Treasure of the Sierra Madre,” had been corporate apologists or obnoxious Trump-like rich tycoons, the classic line about badges might read this way, “Government? We don’t need no stinkin’ government.”  

In a column on AlterNet Paul Buchheit dispels what he calls “the bull of Wall Street” and cites five good reasons why the super-rich and big business may need government more than the rest us.

We regularly hear variations on that theme from the wealthy in the form of the tired old saw “I made it on my own…didn’t need any government help.” Corporate CEO’s and lobbyists rail against rules and regulations that supposedly stifle entrepreneurship and eat profits.

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eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/ul.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltext.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/literal.tpl" with resource "design"
Notice: Oct 02 2013 06:07:20
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 06:07:20
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 06:07:20
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 06:07:20
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 06:07:20
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 06:07:20
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 06:07:20
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/ul.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltext.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/literal.tpl" with resource "design"
Notice: Oct 02 2013 06:07:20
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 06:07:20
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 06:07:20
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 06:07:20
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 06:07:20
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 06:07:20
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 06:07:20
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 06:07:20
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/ul.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltext.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/literal.tpl" with resource "design"
Notice: Oct 02 2013 06:07:20
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 06:07:20
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 06:07:20
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 06:07:20
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 06:07:20
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/ul.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/eztext.tpl" with resource "design"
Timing: Oct 02 2013 06:07:20
End
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eZTemplate: Loading template "setup/debug_toolbar.tpl" with resource "design"

Timing points:

CheckpointElapsedRel. ElapsedMemoryRel. Memory
Script start 0.0000 sec0.0161 sec 1,284.6172 KB1,198.9531 KB
Module start 'content' 0.0161 sec0.5339 sec 2,483.5703 KB5,810.0391 KB
Module end 'content' 0.5500 sec2.5999 sec 8,293.6094 KB15,203.3516 KB
End 3.1499 sec  23,496.9609 KB 
Total runtime:3.1554 sec
Peak memory usage:25,251.6094 KB

Time accumulators:

 Accumulator Elapsed Percent Count Average
ini_load
Load cache0.0074 sec0.2327%340.0002 sec
Find INI Files0.0003 sec0.0081%60.0000 sec
Mysql Total
Mysqli_queries2.4074 sec76.1231%11260.0021 sec
Looping result0.0280 sec0.8851%11080.0000 sec
TS translator
TS init0.0020 sec0.0629%40.0005 sec
TS cache load0.0009 sec0.0297%40.0002 sec
TS context load0.0007 sec0.0208%40.0002 sec
Template Total3.0914 sec 97.8% 3 1.0305 sec
Template load0.0050 sec0.1593%30.0017 sec
Template processing3.0862 sec97.5891%31.0287 sec
Template load and register function0.0001 sec0.0042%10.0001 sec
states
state_id_array0.2037 sec6.4405%810.0025 sec
state_identifier_array0.2000 sec6.3236%870.0023 sec
override
Cache load0.0086 sec0.2715%1380.0001 sec
class_abstraction
Instantiating content class attribute0.0018 sec0.0571%420.0000 sec
Sytem overhead
Fetch class attribute can translate value0.0051 sec0.1613%180.0003 sec
Fetch class attribute name0.0170 sec0.5371%350.0005 sec
XML
Image XML parsing0.0165 sec0.5223%180.0009 sec
General
String conversion0.0000 sec0.0005%30.0000 sec
dbfile0.0034 sec0.1086%1030.0000 sec
Total script time:3.1625 sec