Tag Archives: offshoring

Trump, Granting Lobbyist Demands, Quietly Handed Billions More in Tax Breaks to Huge Corporations: Report

Leave a reply

“Trump is the most corrupt president in history, and here’s the latest example of how that corruption helps giant corporations.”

By Jake Johnson, staff writer for Common Dreams. Published 12-30-2019

Treasury Secretary Steven Mnuchin and President Donald Trump at a Tax reform press briefing October 31, 2017. Screenshot: YouTube

A “disturbing” New York Times story published Monday detailed how President Donald Trump’s Treasury Department, led by former Goldman Sachs banker Steve Mnuchin, has quietly weakened elements of the 2017 tax law in recent months to make it even friendlier to wealthy

individuals and massive corporations.

Lobbyists representing some of the largest corporations in the world, the Times reported, targeted two provisions in the original 2017 law designed to bring in hundreds of billions of dollars in revenue from companies that had been dodging U.S. taxes by stashing profits overseas. Continue reading →

Share Button

Protesting ‘Shameful’ Greed, 40,000 Verizon Workers Set to Strike Wednesday

Leave a reply

“If Verizon gets its way, we’re allowing corporate CEOs to rewrite the rules in their favor yet again,” writes Jobs With Justice organizer

By Deirdre Fulton, staff writer for Common Dreams. Published 4-11-2016

"Verizon wants to force through changes that would make it easier to uproot workers and hurt our communities," said Betsy Derr, a customer service representative and CWA member in Bloomsburg, Pennsylvania, who's worked at Verizon for over 16 years. (Photo: Matthew Bednarik/flickr/cc)

“Verizon wants to force through changes that would make it easier to uproot workers and hurt our communities,” said Betsy Derr, a customer service representative and CWA member in Bloomsburg, Pennsylvania, who’s worked at Verizon for over 16 years. (Photo: Matthew Bednarik/flickr/cc)

In what has the potential to be the largest work stoppage in the country in recent years, up to 40,000 Verizon workers from Massachusetts to Virginia will go on strike at 6 am on Wednesday, unless the company “reconsiders its shameful, and I do mean shameful, demands,” Communications Workers of America (CWA) president Chris Shelton has warned.

In a call with reporters on Monday, Shelton said, “nobody wants to go on strike.”

But after trying for ten months to reach a fair contract, “we have to take a stand now for our families and every American worker,” explained Myles Calvey, IBEW Local 2222 business manager and chairman of T-6 Verizon New England. Continue reading →

Share Button