Sunday, January 31, 2016

A Jubilant Crowd Marches Down Broadway To Start A Political Revolution

NYC, Saturday afternoon around 4:30. I’m walking along Houston Street in Soho with my 11 year old granddaughter Paloma as we make our way home from an outing. Nearing the intersection with Broadway, I notice the normal cacophony of traffic is being broken by the tell-tale rhythm of a chanting crowd, punctuated by cheers.

As we reach the corner, I see a large crowd filling the street as far as I can look northward. At its head a huge banner proclaims “#Feel The Bern.” Under it, a line of people carry another banner that simply says, “Bernie Sanders.” The crowd is diverse: young, old and middle-aged; black, white and brown.

Saturday, January 30, 2016

Every Single One of The Top 10 Corporate Tax Dodgers Are Donors To Hillary Clinton

Bernie Sanders is leveraging the increasing attention his campaign is getting to call out major corporations for shirking their tax responsibilities. In a press release issued Friday, Sanders “pledged to close tax loopholes like a law that lets profitable corporations exploit offshore tax havens to avoid paying U.S. income taxes.”

Some Paid Zero Federal Taxes Despite Huge Profits

Sanders published a list of the top ten “corporate tax dodgers,” among which are some, like General Electric, Boeing and Verizon, that paid no federal income taxes at all between 2008 and 2013, despite racking up huge corporate profits.

Sanders enumerates a tough five point platform to make corporations pay their fair share in federal taxes. These include shutting down corporate inversions, ending tax deferrals on profits of offshore subsidiaries, and making sure companies can’t just claim to be foreign by establishing a P.O. box in the Cayman Islands or other tax haven. (He also wants to end tax subsidies for fossil fuel companies.)

So that’s what a President Sanders would do, if given the chance. How about a President Hillary Clinton? 

Well, not so much. It turns out that all top ten corporations on Sanders’ list also have strong ties to Hillary Clinton, often benefitting from her official positions while donating to her campaign or the Clinton Foundation or giving her huge speaking fees. Here’s the Sanders list of tax-dodging companies — and their connections to Hillary Clinton.