Tag Archive: Corporations


One Chart That Shows Just How Screwed Up Our Tax System Really Is

 

 

 

 

” The 2014 tax season is finally over and whether or not you owe the IRS, the following news will not make you pleased:

” Twenty-five profitable Fortune 500 companies spent more on lobbying than they paid in federal taxes between 2008 and 2012,” according to a Public Campaign analysis of data from Citizens for Tax Justice and the Center for Responsive Politics.

  This is yet another way our tax structure penalizes individuals and small businesses while supporting mega corporations. We must make tax reform a major issue in the 2014 and 2016 elections to even this out.

  The analysis showed that over five years, these 25 corporations spent way more money influencing government than supporting it. They generated nearly $170 billion in profits and received $8.7 billion in tax rebates, all while paying their lobbyists $543 million, an average of nearly $300,000 a day, to advance their interests in Congress.”

 

    The astute reader will note that all of these corporations had a negative tax obligation . What’s wrong with this picture ? Cronyism anyone ?

 

 

Policy Mic

 

 

 

 

 

 

 

 

 

 

 

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Smith & Wesson Named To List Of 25 Most Patriotic Brands

 

 

 

” The survey of 4,500 consumers was conducted by a New York-based brand research firm, Brand Keys and published in the July 3 issue of USA Today.  The survey results indicated that the Smith & Wesson brand is one of the 25 most patriotic brands in America, a result the company credits to its 161-year commitment to consumers, law enforcement and military customers, as well as its tireless support of Second Amendment freedoms.  Founded in 1852, Smith & Wesson is the third-oldest brand on the list and the only firearms manufacturer to be named. The list also included a host of other industry-leading brands and top market performers across multiple product categories.”

 

 

Here’s the Top 25 list:

1. Jeep (98%)

2. Hershey’s (tie, 97%)

3. Coca-Cola (tie, 97%)

4. Levi Strauss (tie, 95%)

5. Walt Disney (tie, 95%)

6. Colgate (94%)

7. Zippo (93%)

8. Wrigley’s (92%)

9. Ralph Lauren (91%)

10. Kodak (tie, 90%)

11. Gillette (tie, 90%)

12. New Balance (tie, 89%)

13. Harley-Davidson (tie, 89%)

14. Budweiser (tie, 88%)

15. Marlboro (88%)

16. Ford (86%)

17. Louisville Slugger (tie, 85%)

18. Smith & Wesson (tie, 85%)

19. General Electric (84%)

20. John Deere (tie, 82%)

21. L.L. Bean (tie, 82%)

22. Walmart (81%)

23. Craftsman Tools (tie, 80%)

24. Wilson Sporting Goods (tie, 80%)

25. Wrangler apparel (tie, 80%)

 

 

 

 

 

 

 

GOP Senators Want Answers on Sebelius’ Obamacare Fundraising

 

” Republican senators are demanding answers about Health And Human Services Secretary Kathleen Sebelius’ private fundraising efforts to augment finances for Obamacare, saying her actions were legally and ethically wrong.”

 

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” GOP Sens. Rob Portman and Orrin Hatch, in exclusive interviews with Newsmax, both agree that Sebelius’ activities were ethically suspect and likely illegal.

Republicans complain the fundraising drive violates the federal “anti-deficiency” act, which prohibits government agencies from accepting voluntary services or donations. 
However, HHS officials say a section of the Public Service Act allows its secretary to seek donations to support health programs.”

 

 

 

 

 

NRA Releases List of Celebrities, Organizations that Support Gun Control

” The National Rifle Association (NRA) recently released a list of gun control advocates.

According to the list, these people and companies have given money and/or support to gun control measures and/or organizations such as the Brady Act and the Clinton assault weapons ban, reports the Daily Mail.

According to the NRA, celebrities who believe in some sort of gun control in America (the most violent industrialized nation) include: Jack Nicholson, Sylvester Stallone, Dick Van Dyke, George Clooney and Lauren Bacall.

The NRA claims that these businesses support gun control in an effort to reduce deaths: National Spinal Cord Injury Association, the American Medical Association, Levi Strauss & Co., Hallmark Cards, Blue Cross Blue Shield insurance, Ben & Jerry`s and the American Association of Retired Persons.

The NRA also listed the Episcopal Church-Washington Office, Kansas City Royals baseball team, Gannet Publications, the New York Times and Motorcycle Cruiser Magazine.

Here is the complete list: … “

 

Some Excerpts

 

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“National Association of Police Organizations
National Coalition Against Domestic Violence
National Black Nurses` Association
National Association of Chain Drug Stores
National Network for Youth
National Assembly of National Voluntary Health & Social Welfare Organizations
National Association for the Advancement of Colored People
National Association of School Psychologists
National Association of Counties*
National Association of Pediatric Nurse Associates & Practitioners
National Association of School Safety and Law Enforcement Officers
National Education Association
National Association of Elementary School Principals*
National Association of Public Hospitals
National Coalition Against Domestic Violence
National Association of Secondary School Principals
National Association of Social Workers
National Association of Children`s Hospitals and Related Institutions
National Association of School Psychologists
National Council of La Raza

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George Clooney – Actor

Jackie Cooper – Actor/Director*

Jennifer Connelly – Actress

Judy Collins – Singer

Kevin Costner – Actor

Sean Connery – Actor

Sheryl Crow – Singer

Billy Crystal- Actor

Julie Cypher – Director

Arlene Dahl – Actress “

 

 

 

Businesses are people, and we’re the solution, not the problem

 

  “Lately, it seems that the only form of acceptable hate speech left in America is hostile invective heaped upon entrepreunuers and innovators by a vocal minority of pundits, and increasingly, political leaders who should know better. At the core of the great American experiment is the fundamental belief that the freedom to create and build businesses serves us all.  The greatest of our founding fathers, George Washington, once wrote, “A people who are possessed of the spirit of commerce, who see, and who will pursue their advantages, may achieve almost anything.” If there is a secret to America’s success, it is this.”

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