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Corporations are pushing hard to bring back billions in cash now stashed overseas at very low tax rates. They argue that, in effect, they should be able to avoid paying normal taxes on huge overseas profits because all sorts of great things will happen once this money comes home.
The last time that corporations won a repatriation holiday was in 2004, and so it's worth taking a close look at the effect of this holiday back then. A Senate committee has been doing just that, crunching numbers to closely scrutiny the effect of the 2004 law.
In case you haven't noticed, leading conservatives -- including Sarah Palin -- have been talking a lot lately about "crony capitalism." This phrase started turning up well before the hyped up Solyndra scandal and is now heard even more often.
A debate over the cozy ties between government and corporations is long overdue. Unfortunately, that is not the debate we are likely to get from the likes of Ron Paul and Sarah Palin.
Washington, DC—Just as the Senate is set to start a debate on the American Jobs Act, the issue of “job quality” is coming to the fore at a national conference entitled “Good Jobs for a Stronger Economy” on Wednesday, October 12.
NEW YORK-- National public policy organization Demos applauds California Governor Brown for signing AB 420, a bill to end prison-based gerrymandering. Introduced by Assemblymember Mike Davis, the legislation ends the practice of treating incarcerated individuals as residents of the districts where they are temporarily confined, for redistricting purposes.
NEW YORK—Today, the public policy organization Demos announced the addition of three Senior Fellows whose work spans the areas of consumer protection, domestic family policy and global public health. While working on major research and writing projects, the new fellows will also be regular contributors to Demos' newly launched blog, www.policyshop.net
Last week, the Department of State held its final public hearing on whether a Keystone XL pipeline should be built to bring crude oil from the Alberta, Canada tar sands to refineries on the Gulf Coast. The pipeline would be an extension of an existing pipeline and would be 1,700 miles long and run through six states. It would also support an environmentally destructive extractive industry that furthers the addiction to fossil fuels and detracts from a clean economic future.
Here's one more reason to be puzzled by the GOP's animus toward green jobs: It turns out that the clean economy is disproportionately fueling economic growth and opportunity in states that tend to send Republicans to Congress -- states that are also struggli