What the Public Wants: A Guide for Clueless CEOs

What the Public Wants: A Guide for Clueless CEOs

The Wall Street Journal recently reported that “Populist Tone Rankles America’s Executives.” Apparently the CEOs and board members of big American companies are “increasingly frustrated” by the anti-business rhetoric of both parties, and concerned such sentiments...
Remembering Martin Sabo, A Champion of Fairness

Remembering Martin Sabo, A Champion of Fairness

 Minnesota Congressman Martin Olav Sabo died earlier this week, after retiring from Congress in 2006. Rep. Sabo was lead sponsor of legislation called the Income-Equity Act, which he championed for almost a decade. Sabo’s Act would have eliminated the tax...
Burning Our Bridges

Burning Our Bridges

To generate funds to shore up our nation’s crumbling infrastructure, the U.S. Congress is considering giving corporations large tax cuts on their offshore profits. Under current law, corporations can defer U.S. tax payments on overseas earnings until they bring the...

Wall Street (Unlike)

Tyrants are ruthless. They throw people in jail, execute them without trial, suppress the press. They can rule for decades. They can attempt to set up dynasties. But in the modern age, tyrants have a shelf life. We live in an age of activism, and tyrants are always...
Jeff Immelt, GE CEO – Corporate Tax Dodger

Jeff Immelt, GE CEO – Corporate Tax Dodger

General ElectricA competitiveness model based on aggressive tax-dodging and offshoring CEO compensation: $15.2 million U.S. federal income taxes: $3.3 billion refund If there were an Olympics for tax dodging, General Electric would sweep the gold. Last year alone, the...
Dim Bulbs in Congress

Dim Bulbs in Congress

Our problem in Washington is this: we have too many 5-watt bulbs sitting in 100-watt sockets. Any doubt about this was erased in July when House tea partiers joined old-school right-wing ranters to pass a light bulb bill. This was the culmination of a loopy crusade by...
This Recession Isn’t Temporary

This Recession Isn’t Temporary

Job dried up, The money’s bad; Moved back in With Mom and Dad. I love economists — they’re so optimistic. Maybe they’re no used car salesmen, but they’re never as gloomy as the data they traffic in. The reason for all this sunshine is...

Hey Congress, Want $400 Billion in New Annual Revenue?

Have you heard? America is broke, according to many governors and lawmakers. They’re calling for deep cuts in teacher pay, firing cops, slashing medical services for working-class kids, and scrapping other essential services to narrow state and federal budget...

General Electric: King of the Tax Dodgers

Congressional Republicans are about to cut the Tsunami Warning System from the National Weather Service budget. But if General Electric paid their fair share of taxes, we could reverse this and billions in additional budget cuts. GE — best known for its light...

Obama, Inc.

When you dance with the devil, never fool yourself into thinking that you’re leading. That would be my 50-cents-worth of advice to President Barack Obama as he remakes his presidency into a Clintonesque corporate enterprise. Following last fall’s...