Seen on a wall in Seattle, a couple of blocks from Amazon.com’s headquarters. Indeed, as the richest man in the world — and as CEO of a company that paid 0 in federal taxes for two years in a row, despite earning billions in profit — Jeff Bezos has a particular obligation to pay back […]
Corporate and billionaire giving helps their image more than it helps us January 19, 2019 By Matthew CaruchetReprinted from Economic Opportunity Institute Microsoft announced this week that it will spend $500 million to offset the lack of affordable housing and combat homelessness around Lake Washington. The money will be dispensed through loans and grants to […]
All In For Washington is a statewide effort to clean up the tax code so that all communities in Washington thrive. We know we can do great things when we all chip in our resources together to achieve the amazing things we could never accomplish alone.
https://balanceourtaxcode.com/ has a petition to balance our unfair, regressive tax code. Washington’s tax code is upside down. Washington’s tax code is the most upside down in the nation. Powerful special interests have rigged the system so the rich get richer while working families pay more and more. In Washington, those making the least pay 18% […]
There’s a new crazy charity, TheJobCreators.org — Help the poor by giving to the rich, that’s raising money by asking us to donate to the rich, so they can help the poor. Same reasoning as “tax cuts destroy jobs,” I guess.
by Matthew Caruchet Karl Marx-inspired credit ratings agency Moody’s Investors Service issued a report this month saying that Amazon’s bullying tactics over Seattle’s newly-passed employee hours tax show it has too much influence over our city. The tax would require businesses with more than $20 million in annual revenue to pay about $275 per full-time […]
Billionaire Bill Gates Says He Should Pay ‘Significantly Higher’ Taxes Microsoft founder and billionaire Bill Gates says he should pay more in taxes and that the government should require other superwealthy people like him to contribute “significantly higher” amounts. “I need to pay higher taxes,” Gates, who is worth over $90 billion, said in an interview […]
I saw a facebook post that was encouraging overturning of I-200 (the voter-approved initiative which prohibits affirmative action and similar racial preferences). I support over-turning I-200 but that’s not my highest priority. My highest priorities are economic inequality and environmental justice. As I commented on the post, many people think the bill is of mixed […]
The Billionaire Bonanza: 5 Things You Need To Know About The Inequality Gap There are now 2,043 dollar billionaires worldwide. Nine out of 10 of them are men. In 12 months, the wealth of this elite group of 2,043 has increased by $762 billion — enough to end extreme poverty seven times over. In the […]
“A more progressive tax code, says International Monetary Fund, would both significantly reduce inequality and help grow the economy” https://www.commondreams.org/news/2017/10/12/imf-says-higher-taxes-wealthy-good-idea-and-these-billionaires-agree