There are corporations in this nation, some of the biggest corporations in this nation, who do not pay taxes.
It is not that they are cheating. It is not that they are doing something wrong. We have given them tools.” —Rep. Marcia Fudge (D—OH), passes PolitiFact’s fact-check treatment
That small house is awesome. I’m more impressed with a 300 square-foot space that’s functional and livable than I am with a 3,000 square foot space that’s roomy and wasteful. Anyways, tiny house lol etc.
“Are we in a bubble? Yes, this is a bubble. All the frenzied startup activity and still the VCs raise more money to invest. … it’s also like the housing boom where everyone could be a home owner. In 2011 every young person can be an entrepreneur, esp if he or she knows how to code. That’s the bubble, right there.”
Wrong. The total amount of money going into early stage isn’t more than the size of one small VC fund. And VC funds disappear regularly.
The real danger is in the sale of private company shares in the secondary market. SecondMarket alone will do $1B in private company share transactions this year. That’s a sucker’s market, where you’re buying stuff you don’t understand but you think you do (Twitter, Facebook). It’s like buying stock in Ford because you drive a car.
Remember, after heath care passed, how tea party protesters broke into the Capitol and handcuffed the doors closed so no police could get in, while yelling about how they were taking their government back? No? That’s right, because it didn’t happen. But the very thought is terrifying, right?
Here, it’s worth mentioning that Tea Party supporters have some better options than public demonstrations at their disposal to further their legislative goals. I hear one of those options is the corporate treasury of a sprawling, privately held and well-capitalized conglomerate based in Wichita, Kansas.
Is there a progressive equivalent to Koch Industries?
They removed the “budget-repair” part. The reason the Democrats left the state to begin with is because Wisconsin’s upper chamber can’t pass any fiscal bills without 3/5 of the members present, according to Senate rules. With the Democrats missing, Republicans lacked that 3/5 quorum, and couldn’t hold a vote. So, they simply stripped all fiscal provisions from the bill, eliminating the need for a 3/5 quorum, and passed it that way. What makes this extraordinarily slimy is that Governor Walker has insisted from the beginning that the bill’s purpose was to fix the state’s fiscal situation. Now, he and the Wisconsin GOP are implicitly admitting what everyone’s known all along: the bill wasn’t about fixing the budget. It was actually about busting up the unions. Good luck spinning the PR, Walker. You’ve done a bang-up job so far. source
totally sickening. all the “it’s for budget reasons” was a sham they’re willing to dump entirely? sickening. revolting. disgusting. shameful.