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Did you know that the CEOs of the Campaign to Fix the Debt, the corporate front group that wants to cut Social Security and Medicare and lower corporate taxes, have parked more than $418 billion of untaxed corporate profits overseas? Overall it is estimated that U.S. corporations have as much as $1.9 trillion sheltered overseas. That would make a nice down payment on fixing the debt.You can read about "Fix the Debt" and more in the 2013 edition of the AFL-CIO’s Executive PayWatch launched today. PayWatch not only shines a light on Fix the Debt hypocrisy, but it also explores the huge wage gap between CEO pay and the average U.S. worker. PayWatch started in 1997. Visit www.paywatch.org.
Source: City & State
Source: SF Gate
Source: WBAI's Building Bridges: Your Community and Labor Report
As a nation, we need to face that fact that austerity simply does not work; our nation’s infrastructure will continue to crumble if we do not invest in its repair, and our economy will continue to stagnate if we do not expand our infrastructure to meet the needs of our growing population.
Source: Daily Kos
Source: City of Sacramento
Source: Daily Political
Source: Fresnobee.com
Source: Star Tribune
