This week, hundreds of Washington state small business owners affiliated with the Main Street Alliance of Washington sent an open letter to Microsoft calling on tech giant to stop offshore tax dodging, the Seattle Times reports. According to BloombergBusinessweek, Microsoft tops the list of U.S. tech firms with the biggest overseas profit hauls, holding $76 billion inContinue reading “Main Street to Microsoft: “Stop offshore tax dodging””
This fall a major showdown is brewing over tax and budget priorities in our nation’s capital. Senator Max Baucus (D-Montana) and Congressman Dave Camp (R-Michigan) have been laying groundwork for a rewrite of the U.S. tax code.
A week ago, to the day, the Alliance for A Just Society hosted our 2013 Summer Conference with all our national affiliates (#Justice2013). There was no better way to kick it off than taking close to 200 participants into Washington DC and hosting three separate actions on the Hill. As of this year, we areContinue reading “The Alliance Hosts Our First National Conference in Baltimore and DC”
Last week, Sarah Bloom Raskin, Board of Governor of the Federal Reserve System, shared increasing concern over the nations’ wealth gap. Reports by the Huffington post relay, “In my view, the large and increasing amount of inequality in income and wealth, which has been an ongoing development for decades, may have exacerbated the crisis.”
The deficit crowd cheered when the President included a concept called “Chained CPI” in his 2014 Budget. This is a proposal to change the way the Consumer Price Index (CPI) is calculated. This change is about as wonky as wonk-dome can get, but here’s a try. Currently the CPI grows based on overall increases inContinue reading “Take These Chains Off My CPI (Consumer Price Index)”
Multi-Partisan small business owners spoke out earlier this month, further distinguishing their interests from those of Big Business. Wednesday, in his post “Has the Budget Crisis Du Jour Got You Down?” Bill Daley pointed out that if Congress were to close one tax loophole on offshore accounts, it could be enough to create a ‘jobContinue reading “Tax Havens for Big Business? Small Business Owners Say ‘Not so fast’”
The debate about the national economy seems to have slipped into the shadows. You may be breathing a sigh of relief. Shadows on the budget are inevitable with the Congress focusing on immigration and the press focusing on the attack in Boston.
Small business owners in the Montana Small Business Alliance have been making their mark in the national tax debate.
Over the last three decades the average family income has stagnated while the top 2% has seen their portion of the national income quadruple– at the expense of working families. This week, Alliance affiliates across the country mobilized in a series of actions to emphasize the message that was sent in last week’s election.
As members of Congress arrive home for their August recess, which starts this week, some of them have a lot of explaining to do about their recent votes on the Bush tax cuts. In particular, every senator and representative who stood in the way of ending special tax cuts for the richest 2 percent ofContinue reading “Politicians Who Defend Bush Tax Cuts for Top 2% Have Explaining to Do”