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ALEC’s Economic Rankings Based on Corporate Wish List

It comes as no surprise that the right-wing, Koch brothers-funded American Legislative Exchange Council (ALEC) says the “best” of the nation’s states’ economies can be found in states where corporations are king and the middle class is an after-thought, if that, in state policies such as taxes, environmental laws and wages.

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Cry Wolf Project Debunks Corporate, Conservative Claims

How many times have we heard from big corporations and their political allies—usually well-financed by corporate campaign contributions—that the latest workplace safety, environmental or consumer protection regulation will kill jobs, ruin the economy and lead to the end of civilization as we know it?

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Supreme Court Backs Wal-Mart in Pay Discrimination Case

The U.S. Supreme Court today ruled 5-4 that as many as 1.6 million women who are current or former Wal-Mart employees cannot sue Wal-Mart for pay discrimination in a class-action suit. A lower court had ruled that the women could join together in a class action.

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House Republicans Try to Gut Consumer Bureau

Last week, we told you how 44 U.S. senators are fighting to keep consumer and working family advocate Elizabeth Warren out of the top spot of the Consumer Financial Protection Bureau (CFPB), created by last year’s landmark Wall Street reform legislation.

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Biz Group Calls Corporate ‘Tax Holiday’ Bad Business

U.S. corporations are sitting on trillions of dollars in profits instead of funneling the money back into the economy to create jobs. Now there’s a plan afoot to let these firms bring back their overseas profits—much of it disguised U.S. profits—during a so-called tax holiday.

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Urge Obama to Recess Appoint Warren to Consumer Bureau

There are 44 members of the United States Senate who don’t want consumer and working family advocate Elizabeth Warren to run the new federal agency designed to protect consumers and working families from the kind of Wall Street and Big Bank abuses last year’s landmark Wall Street reform legislation outlawed.

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Corporations Get Tax Refunds, the Wealthy Get Tax Breaks

Two quick hits here on how the rich aren’t like you and me.

From 2008 to 2010, a sample of major corporations showed they earned $173 billion in combined profits—yet not only did they not pay taxes, but they actually got money back from the federal government in the form of tax benefits. In the study, Citizens for Tax Justice (CTJ) looked at a dozen major corporations and analyzed their profits and their effective federal corporate income tax rates between 2008 and 2010.

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