The document discusses the growing wage gap and declining unionization rates in the United States from 1947 to present. It outlines national and state level assaults on workers' rights through "right to work" laws and restrictions on collective bargaining. While some anti-union legislation was prevented, other measures like restrictions on teachers and public employees were passed in 2011. The document argues "right to work" laws drive down wages and benefits for all workers.
The document discusses several policy proposals to address economic issues and promote renewable energy. It suggests fixing labor laws to allow more flexible work from home arrangements, providing portable healthcare not tied to employment, shifting to individually purchased health insurance with tax credits for families and individuals, increasing research funding for chronic diseases, and providing tax incentives for corporations to lower emissions through cap-and-trade systems for renewable energy.
The Oak Park Town Hall discussed the state budget and recent legislative progress. The state budget funds education, human services, and cuts spending and pensions to save money. Recent laws passed automatic voter registration, protected abortion access, limited cooperation with immigration enforcement, expanded sealing of criminal records, and reformed school funding. The tax increase went to paying pensions and bills, and Illinois' tax rate remains competitive. Pension debt grew as contributions lagged for decades. Officials provided contact information to discuss issues.
The document discusses Congressman Jim Jordan and the Economic Freedom Act, a bill introduced to replace stimulus plans and promote economic recovery through reducing taxes and government spending. The bill would halve the payroll tax for 2010, eliminate the capital gains and death taxes, and lower the corporate tax rate to 12.5% to encourage business growth and job creation. However, the bill currently remains in committee as Democrats are unlikely to allow it to the House floor, but Republicans may support bringing it to a vote if they gain a majority in November. Congressman Tom Rooney also announced his support for the bill, arguing it would help Florida businesses and address the state's high unemployment rates.
Elmhurst college thomasjohnson-taxpresentation 1 26 11 updatedStorer Rowley
This document discusses the fiscal challenges facing Illinois, including large budget deficits, unpaid bills, and underfunded pensions. It analyzes factors like declining tax revenues, high spending growth rates, and the state's debt obligations. Several reform proposals are presented, such as consolidating programs, reducing prison populations, privatizing higher education, and reengineering relationships between state and local governments. Overall, the document examines Illinois' budget shortfalls in detail and offers ideas for cutting costs and improving the state's fiscal situation.
The document discusses the growing problem of government debt in the United States. It notes that the annual deficit has grown substantially in recent years, reaching over $1 trillion in 2010 and 2011. This level of deficit requires significant government borrowing each year. The total national debt held by the public is over $10 trillion. Cutting spending, raising taxes, and economic growth are the three main strategies proposed to address the debt, but each faces challenges. The high and growing level of debt poses economic risks going forward.
Most states are facing significant budget shortfalls due to declining tax revenues during the recession. The crisis has led to widespread budget cuts, layoffs, and proposals for new taxes or reliance on federal stimulus funds. Massachusetts faces a projected $5.4 billion budget deficit for fiscal year 2010 due to a $3.4 billion loss in tax revenues over the previous year. Addressing the large deficit will require difficult choices about funding priorities and revenue sources.
An introduction to Unshackle Upstate, a strong and growing coalition dedicated to making changes in New York State government that will enhance the Upstate New York economy and create jobs.
The document discusses several policy proposals to address economic issues and promote renewable energy. It suggests fixing labor laws to allow more flexible work from home arrangements, providing portable healthcare not tied to employment, shifting to individually purchased health insurance with tax credits for families and individuals, increasing research funding for chronic diseases, and providing tax incentives for corporations to lower emissions through cap-and-trade systems for renewable energy.
The Oak Park Town Hall discussed the state budget and recent legislative progress. The state budget funds education, human services, and cuts spending and pensions to save money. Recent laws passed automatic voter registration, protected abortion access, limited cooperation with immigration enforcement, expanded sealing of criminal records, and reformed school funding. The tax increase went to paying pensions and bills, and Illinois' tax rate remains competitive. Pension debt grew as contributions lagged for decades. Officials provided contact information to discuss issues.
The document discusses Congressman Jim Jordan and the Economic Freedom Act, a bill introduced to replace stimulus plans and promote economic recovery through reducing taxes and government spending. The bill would halve the payroll tax for 2010, eliminate the capital gains and death taxes, and lower the corporate tax rate to 12.5% to encourage business growth and job creation. However, the bill currently remains in committee as Democrats are unlikely to allow it to the House floor, but Republicans may support bringing it to a vote if they gain a majority in November. Congressman Tom Rooney also announced his support for the bill, arguing it would help Florida businesses and address the state's high unemployment rates.
Elmhurst college thomasjohnson-taxpresentation 1 26 11 updatedStorer Rowley
This document discusses the fiscal challenges facing Illinois, including large budget deficits, unpaid bills, and underfunded pensions. It analyzes factors like declining tax revenues, high spending growth rates, and the state's debt obligations. Several reform proposals are presented, such as consolidating programs, reducing prison populations, privatizing higher education, and reengineering relationships between state and local governments. Overall, the document examines Illinois' budget shortfalls in detail and offers ideas for cutting costs and improving the state's fiscal situation.
The document discusses the growing problem of government debt in the United States. It notes that the annual deficit has grown substantially in recent years, reaching over $1 trillion in 2010 and 2011. This level of deficit requires significant government borrowing each year. The total national debt held by the public is over $10 trillion. Cutting spending, raising taxes, and economic growth are the three main strategies proposed to address the debt, but each faces challenges. The high and growing level of debt poses economic risks going forward.
Most states are facing significant budget shortfalls due to declining tax revenues during the recession. The crisis has led to widespread budget cuts, layoffs, and proposals for new taxes or reliance on federal stimulus funds. Massachusetts faces a projected $5.4 billion budget deficit for fiscal year 2010 due to a $3.4 billion loss in tax revenues over the previous year. Addressing the large deficit will require difficult choices about funding priorities and revenue sources.
An introduction to Unshackle Upstate, a strong and growing coalition dedicated to making changes in New York State government that will enhance the Upstate New York economy and create jobs.
The document discusses Massachusetts state budget shortfalls and potential options to close a $5.4 billion gap. It notes that 73% of state spending goes to education, local aid, healthcare, and human services. Even eliminating all state human services agencies or education spending would not close the full gap. Potential revenue generators discussed include closing tax loopholes, increasing various taxes by 1% including the corporate tax, gas tax, meals and hotel taxes, and income and sales taxes. Raising property taxes is also mentioned but impacts would depend on location.
This document discusses right-to-work laws and argues they are outdated. It notes that right-to-work laws allow employees to opt-out of paying union dues while still receiving representation benefits. The document claims right-to-work states have lower wages and living standards compared to non-right-to-work states, and that economic factors like taxes and education are more important for business decisions than right-to-work status. It asserts right-to-work laws undermine union bargaining power and negatively impact all workers' wages.
- Paraguay experienced over 60 years of rule by the Colorado party, which ended in 2008 with the election of Fernando Lugo as president.
- Lugo faced challenges governing without a strong party behind him and had difficulties implementing reforms due to inexperience in his cabinet and strained relationships with other political forces.
- While Lugo aimed to lead the Paraguayan people, limitations emerged in his ability to effectively lead the Paraguayan government and realize his economic and social agenda.
Watson budget challenge and responsibility 2011RepJimWatson
Illinois faces major budget problems including uncontrolled spending increases, large debts, and the worst funded pension system in the nation. Medicaid costs are rising significantly due to more enrollment and higher costs. The state's business climate and economy have declined, with Illinois now ranking near the bottom nationally in measures like job growth, debt levels, and credit ratings. Proposed solutions include cutting spending, reforming pensions and Medicaid, selling state assets, consolidating offices, and bringing more transparency to spending.
Jobs, Innovation, and Opportunity in the StatesALEC
With unemployment remaining stubbornly high, and most Americans worrying about pocketbook issues like jobs, energy costs, retirement security, and health care affordability – ALEC releases its plan for Jobs, Innovation, and Opportunity. State lawmakers today face very difficult economic challenges. Since 1973, ALEC has focused on providing solutions to America’s biggest problems. State lawmakers can conquer today’s economic challenges by refocusing on our nation’s founding principles of limited government and free markets. The states, not Washington, D.C., must take the lead in restarting America’s economic engine and putting people back to work.
For more information, please visit www.alec.org.
This State Factor examines the relationship between state tax policies and charitable giving. It summarizes research finding that higher state taxes are associated with lower levels of charitable giving. Specifically, a 1 percentage point increase in state income tax burden is associated with a 0.35% decrease in charitable donations per dollar of state income. The document discusses the important role of charitable organizations in addressing social issues and argues they are often more effective than government programs in providing services due to greater flexibility and accountability from relying on voluntary donations rather than tax funds. It maintains that state policies should consider how to encourage charitable giving."
The document discusses Indiana's proposed "right-to-work" law and argues that it is bad for Indiana and Hoosier working families for three main reasons:
1. Right-to-work laws undermine unions by allowing workers to opt out of paying union dues while still receiving representation and benefits negotiated by the union. This weakens unions' bargaining power and results in lower wages and benefits for all workers over time.
2. Claims that right-to-work improves economic development and job growth are myths, as studies show states without such laws often have stronger economies. Other factors like education, infrastructure, and taxes are more important for business decisions.
3. Arguments that right-to-
Federal budget slide show civic club versionAlex Cardenas
This document discusses myths and realities about the US federal budget and deficits. It contends that tax policies rather than spending have mainly driven deficits since 1981. While spending cuts could help, the largest expenditure - wars and the military - is often treated as untouchable. It also argues that solving budget problems requires addressing growing inequality in wealth and political power between the richest 10% and everyone else. Specific myths debunked include claims that Social Security and Medicare contribute to deficits, and that tax cuts for the wealthy encourage job creation. Charts show how spending has changed under Democratic and Republican presidents.
This document summarizes a report by the American Legislative Exchange Council (ALEC) on the costs of tax cronyism. It defines tax cronyism as using tax policy to benefit specific firms or industries rather than having broadly applicable, neutral tax rules. The report argues that tax cronyism stifles competition and economic growth. It suggests eliminating tax cronyism through revenue-neutral tax reforms or increased transparency and analysis of such policies to ensure they create economic growth beyond their costs. The report estimates that tax carve-outs in the US total around $488 billion annually but notes tax cronyism is difficult to quantify fully due to lack of transparency.
2015 Prescription for America Rebrand and RebuildDarrell Prince
Political platform for transformation of the nation, wide spread change, something to organize people who want a better future, better economics, and a better legal system, with tighter adherence to a simpler doctine including the Constitution and the Declaration
This document provides an executive summary of the 2015 edition of the report "Rich States, Poor States" by Arthur Laffer, Stephen Moore, and Jonathan Williams. The report analyzes state economic policies and provides the 2015 ALEC-Laffer State Economic Competitiveness Index, which ranks states based on past economic performance and future economic outlook. Some of the best practices identified for states include lowering taxes, reducing regulations, and controlling spending and debt. The report also discusses important state policy developments since the previous edition and warns against the pitfalls of "tax cronyism." Chapters analyze specific state policy issues and economic reforms in Kansas in more depth. The state rankings aim to identify which state policies have led to greater economic opportunity
This document summarizes the key issues discussed at the 2010 Louisiana Association of Business and Industry legislative conference. It outlines some positive tax changes that have been implemented as well as the state's budget shortfall projections. It also discusses workforce reductions, unemployment rates, federal climate change legislation concerns, and preferences for prioritizing jobs and the economy over federal health care expansion.
This document discusses raising the minimum wage at the county level in Iowa. It argues that county minimum wage ordinances are legal under both federal and Iowa state law. It presents research showing that past minimum wage increases at the local level have not resulted in job losses. Public opinion polls demonstrate strong support for raising the minimum wage among voters across party lines. Raising the minimum wage could help more low-wage workers in Polk County earn a living wage.
This document discusses Abe's background and experience growing up in Syria and immigrating to the US, where he worked hard and achieved success as a civil engineer and business owner in Michigan. It outlines Abe's plan to turn Michigan's economy around by making it a right-to-work state, repealing prevailing wage laws, repealing the Michigan Business Tax, and reducing the bloat in the public sector to create more jobs and opportunity in the state. The document provides statistics showing how these policy changes could save taxpayers money and help Michigan's economy recover from its current struggles with high unemployment.
The document summarizes Illinois' fiscal crisis and the tax increases passed in 2011 to address a large budget deficit. It describes how Illinois has historically relied too heavily on property taxes and lacked a fair tax system. The tax increases were expected to generate $7.3 billion annually but deficits remain due to inadequate revenues and increasing costs for education, healthcare, and human services. Further reforms and revenue options are needed to structurally address Illinois' budget problems.
HUL is India's largest fast moving consumer goods company that has been operating in India since 1895. It has a wide portfolio of brands that are market leaders across categories like detergents, personal care products, and food. HUL faces challenges from rising costs, competition, and changing consumer behavior. However, it innovates through new product launches and marketing campaigns featuring celebrity endorsements. It also runs corporate social responsibility programs to improve health, hygiene, and generate rural incomes.
Foto menggambarkan Katie Kirkpatrick dan tunangannya Nick beberapa saat sebelum pernikahan mereka pada 11 Januari 2005. Katie menderita kanker terminal dan menghabiskan waktunya untuk perawatan medis, tetapi tetap melanjutkan rencana pernikahannya. Dia meninggal lima hari setelah pernikahan. Kisah Katie mengajarkan bahwa kebahagiaan dapat diraih tak peduli berapa lama, dan kita harus menghargai setiap detik kehid
Smude dbms-bsc it1stsemassignmentaug2011bothsetssolvedRabin Awal
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
The document discusses Massachusetts state budget shortfalls and potential options to close a $5.4 billion gap. It notes that 73% of state spending goes to education, local aid, healthcare, and human services. Even eliminating all state human services agencies or education spending would not close the full gap. Potential revenue generators discussed include closing tax loopholes, increasing various taxes by 1% including the corporate tax, gas tax, meals and hotel taxes, and income and sales taxes. Raising property taxes is also mentioned but impacts would depend on location.
This document discusses right-to-work laws and argues they are outdated. It notes that right-to-work laws allow employees to opt-out of paying union dues while still receiving representation benefits. The document claims right-to-work states have lower wages and living standards compared to non-right-to-work states, and that economic factors like taxes and education are more important for business decisions than right-to-work status. It asserts right-to-work laws undermine union bargaining power and negatively impact all workers' wages.
- Paraguay experienced over 60 years of rule by the Colorado party, which ended in 2008 with the election of Fernando Lugo as president.
- Lugo faced challenges governing without a strong party behind him and had difficulties implementing reforms due to inexperience in his cabinet and strained relationships with other political forces.
- While Lugo aimed to lead the Paraguayan people, limitations emerged in his ability to effectively lead the Paraguayan government and realize his economic and social agenda.
Watson budget challenge and responsibility 2011RepJimWatson
Illinois faces major budget problems including uncontrolled spending increases, large debts, and the worst funded pension system in the nation. Medicaid costs are rising significantly due to more enrollment and higher costs. The state's business climate and economy have declined, with Illinois now ranking near the bottom nationally in measures like job growth, debt levels, and credit ratings. Proposed solutions include cutting spending, reforming pensions and Medicaid, selling state assets, consolidating offices, and bringing more transparency to spending.
Jobs, Innovation, and Opportunity in the StatesALEC
With unemployment remaining stubbornly high, and most Americans worrying about pocketbook issues like jobs, energy costs, retirement security, and health care affordability – ALEC releases its plan for Jobs, Innovation, and Opportunity. State lawmakers today face very difficult economic challenges. Since 1973, ALEC has focused on providing solutions to America’s biggest problems. State lawmakers can conquer today’s economic challenges by refocusing on our nation’s founding principles of limited government and free markets. The states, not Washington, D.C., must take the lead in restarting America’s economic engine and putting people back to work.
For more information, please visit www.alec.org.
This State Factor examines the relationship between state tax policies and charitable giving. It summarizes research finding that higher state taxes are associated with lower levels of charitable giving. Specifically, a 1 percentage point increase in state income tax burden is associated with a 0.35% decrease in charitable donations per dollar of state income. The document discusses the important role of charitable organizations in addressing social issues and argues they are often more effective than government programs in providing services due to greater flexibility and accountability from relying on voluntary donations rather than tax funds. It maintains that state policies should consider how to encourage charitable giving."
The document discusses Indiana's proposed "right-to-work" law and argues that it is bad for Indiana and Hoosier working families for three main reasons:
1. Right-to-work laws undermine unions by allowing workers to opt out of paying union dues while still receiving representation and benefits negotiated by the union. This weakens unions' bargaining power and results in lower wages and benefits for all workers over time.
2. Claims that right-to-work improves economic development and job growth are myths, as studies show states without such laws often have stronger economies. Other factors like education, infrastructure, and taxes are more important for business decisions.
3. Arguments that right-to-
Federal budget slide show civic club versionAlex Cardenas
This document discusses myths and realities about the US federal budget and deficits. It contends that tax policies rather than spending have mainly driven deficits since 1981. While spending cuts could help, the largest expenditure - wars and the military - is often treated as untouchable. It also argues that solving budget problems requires addressing growing inequality in wealth and political power between the richest 10% and everyone else. Specific myths debunked include claims that Social Security and Medicare contribute to deficits, and that tax cuts for the wealthy encourage job creation. Charts show how spending has changed under Democratic and Republican presidents.
This document summarizes a report by the American Legislative Exchange Council (ALEC) on the costs of tax cronyism. It defines tax cronyism as using tax policy to benefit specific firms or industries rather than having broadly applicable, neutral tax rules. The report argues that tax cronyism stifles competition and economic growth. It suggests eliminating tax cronyism through revenue-neutral tax reforms or increased transparency and analysis of such policies to ensure they create economic growth beyond their costs. The report estimates that tax carve-outs in the US total around $488 billion annually but notes tax cronyism is difficult to quantify fully due to lack of transparency.
2015 Prescription for America Rebrand and RebuildDarrell Prince
Political platform for transformation of the nation, wide spread change, something to organize people who want a better future, better economics, and a better legal system, with tighter adherence to a simpler doctine including the Constitution and the Declaration
This document provides an executive summary of the 2015 edition of the report "Rich States, Poor States" by Arthur Laffer, Stephen Moore, and Jonathan Williams. The report analyzes state economic policies and provides the 2015 ALEC-Laffer State Economic Competitiveness Index, which ranks states based on past economic performance and future economic outlook. Some of the best practices identified for states include lowering taxes, reducing regulations, and controlling spending and debt. The report also discusses important state policy developments since the previous edition and warns against the pitfalls of "tax cronyism." Chapters analyze specific state policy issues and economic reforms in Kansas in more depth. The state rankings aim to identify which state policies have led to greater economic opportunity
This document summarizes the key issues discussed at the 2010 Louisiana Association of Business and Industry legislative conference. It outlines some positive tax changes that have been implemented as well as the state's budget shortfall projections. It also discusses workforce reductions, unemployment rates, federal climate change legislation concerns, and preferences for prioritizing jobs and the economy over federal health care expansion.
This document discusses raising the minimum wage at the county level in Iowa. It argues that county minimum wage ordinances are legal under both federal and Iowa state law. It presents research showing that past minimum wage increases at the local level have not resulted in job losses. Public opinion polls demonstrate strong support for raising the minimum wage among voters across party lines. Raising the minimum wage could help more low-wage workers in Polk County earn a living wage.
This document discusses Abe's background and experience growing up in Syria and immigrating to the US, where he worked hard and achieved success as a civil engineer and business owner in Michigan. It outlines Abe's plan to turn Michigan's economy around by making it a right-to-work state, repealing prevailing wage laws, repealing the Michigan Business Tax, and reducing the bloat in the public sector to create more jobs and opportunity in the state. The document provides statistics showing how these policy changes could save taxpayers money and help Michigan's economy recover from its current struggles with high unemployment.
The document summarizes Illinois' fiscal crisis and the tax increases passed in 2011 to address a large budget deficit. It describes how Illinois has historically relied too heavily on property taxes and lacked a fair tax system. The tax increases were expected to generate $7.3 billion annually but deficits remain due to inadequate revenues and increasing costs for education, healthcare, and human services. Further reforms and revenue options are needed to structurally address Illinois' budget problems.
HUL is India's largest fast moving consumer goods company that has been operating in India since 1895. It has a wide portfolio of brands that are market leaders across categories like detergents, personal care products, and food. HUL faces challenges from rising costs, competition, and changing consumer behavior. However, it innovates through new product launches and marketing campaigns featuring celebrity endorsements. It also runs corporate social responsibility programs to improve health, hygiene, and generate rural incomes.
Foto menggambarkan Katie Kirkpatrick dan tunangannya Nick beberapa saat sebelum pernikahan mereka pada 11 Januari 2005. Katie menderita kanker terminal dan menghabiskan waktunya untuk perawatan medis, tetapi tetap melanjutkan rencana pernikahannya. Dia meninggal lima hari setelah pernikahan. Kisah Katie mengajarkan bahwa kebahagiaan dapat diraih tak peduli berapa lama, dan kita harus menghargai setiap detik kehid
Smude dbms-bsc it1stsemassignmentaug2011bothsetssolvedRabin Awal
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
Pemerintah Indonesia berencana memperluas program vaksinasi COVID-19 ke seluruh provinsi. Targetnya, vaksinasi bisa mencakup seluruh warga Indonesia hingga akhir 2022. Hal ini penting untuk mencapai kekebalan komunitas dan memutus mata rantai penyebaran virus.
1. The document contains SAS code to analyze equity fund return data around buy and sell transactions.
2. The code reads fund holdings and return data, merges the data, and calculates excess returns relative to market indexes.
3. Statistical tests and averages are calculated to compare returns for periods before and after hypothesized buy and sell signals.
Thirty years of growing income inequality, corporate tax cuts and personal tax breaks for the wealthy have undermined the livelihood of working people and set up a state budget crisis which does not need to
exist. We present alternative tax proposals and issue a warning of the ominous consequences of privatization, layoffs and state service cuts for all New Yorkers.
Tom Tresser presented at a forum of privatization and the Chicago Infrastructure Trust at SEIU's Chicago HQ on Saturday, June 23, 2012. Visit http://www.civiclab.us. Contact Tom = tom@civiclab.us
The Great Rightward Shift: How Conservatism Shifted the Money to the 1%David Doney
The document discusses how conservative economic policies since 1980 have contributed to increasing income and wealth inequality in the United States. It notes that the top 1% now receive over 20% of income, versus 10% pre-1980, and own 42% of wealth compared to 24% in the mid-1970s. Conservative policies such as tax cuts that disproportionately benefit the wealthy 1% and weakening of unions have shifted more of the economic gains to the top earners over the past several decades. The rise of conservative media has also encouraged working-class voters to support policies that are not in their own economic interests.
The document discusses several economic and government policy topics including:
1) The U.S. government spends around $3 trillion per year and runs an annual deficit because spending exceeds taxes and other revenues.
2) Issues like global warming require international solutions because the costs of carbon emissions are not fully accounted for and impact the global environment.
3) People are more comfortable with government spending on manufacturing but uneasy about spending on healthcare and education because the former generates income while the latter only incurs costs.
4) State governments spend the most on administration and education.
The document discusses several economic and government policy topics including:
1) The U.S. government spends around $3 trillion per year and runs an annual deficit because spending exceeds taxes and other revenues.
2) Issues like global warming require international solutions because the costs of carbon emissions are not fully accounted for and impact the global environment.
3) People are more comfortable with government spending on manufacturing but uneasy about spending on healthcare and education because the former generates income while the latter only incurs costs.
4) State governments spend the most on administration and education.
The document summarizes Illinois' fiscal crisis and the tax increases passed in 2011 to address a large budget deficit. It describes how Illinois had structural deficits due to over-reliance on property taxes and underfunding of services. The tax increases generated $7.3 billion annually but deficits remained over $1 billion due to inadequate revenues and increasing costs of education, healthcare, and human services. Further reforms are needed to generate additional revenue in a fair manner.
Privatization is the Symptom, Not the CureTom Tresser
1) The document discusses privatization and argues it is not a solution to budget issues but rather a symptom of wealth inequality.
2) Income inequality in the US and states like New York is at its highest levels in decades, with the top 1% earning over 25% of total income while the bottom 50% have seen their incomes decline.
3) Rather than cuts to public services and workers, the document argues the solution is to increase taxes on the wealthy to generate revenue and address the root causes of budget issues like wars and tax breaks for corporations.
Taxes are collected by the government to fund federal spending and services based on powers granted in the Constitution. There are direct taxes paid by property owners and indirect taxes paid by consumers. The income tax became a major revenue source in 1913 and 1918. Government spending includes controllable spending set annually by Congress and uncontrollable entitlement programs. The public debt has increased over time as borrowing is used to fund deficits when spending exceeds revenue.
Strayer University
Professor Dr. Angela Parham
PAD 500
December 11, 2016
Raising minimum wage for federal contractors to $10.10 per hour.
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Introduction Employment laws and regulationsHonest livingDepartments within the agencyEthical concerns Organizational ethics
Federal contractors, one who works with the federal government to provide services, supplies, or other work. They are subjected to special employment laws and regulations.
Right now minimum wage is only $7.25 per hour; families cannot make an honest lively with no $7.25 per hour. This is the reason why we have so many families living in poverty and on government assistance. So, why only raise minimum wage on federal contractors and not everyone who’s out to make an honestly living in today’s society.
There are varieties of departments within this organization; but only the federal contractors are considered for this pay increase. Uniformed and civil service employers are to keep arm’s length relationship with contractor employees.
There are many ethical concerns with raising minimum wage to $10.10 per hour for federal contractors only, but I will only explain a two and they are support and criticism.
Analyzing the overall manner in which the Department of Defense and how raising minimum wage will impact their organizational ethics.
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Raising Minimum Wage Minimum wage for federal contractors only Minimum wage will go from $7.25 per hour to $10.10 per hourMinimum wage should be $14.50 per hourRelief on government fundsPeople in poverty
Minimum wage will only be for federal contracted workers. The wage will go form $7.25 per hour $15, 080 per year to $10.10 per hour $21,008 per year. The wage should go up to $14.50 per hour which is $30,160 per year this way people can live out of poverty. It will take $28,000 per year for someone not to live in poverty, so $14.50 per hour would put a lot of people above the poverty. Lesser people would need government assistance and if everyone was making this it could wipe government assistance out for the working and be able to help the people that really need it like the elders and veterans.
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Policies SupportDomestic policy support minimum wage Establish funds for the governmentModifying policy for federal contractors Modifying policy for all workersComing out of poverty
Policy generally confine the problems and issues within the country, this plays a part with the welfare of citizens of the country will be a big part of the domestic area.
More taxes will be gain from workers once wages are increased their income will be to $21,008 per year instead of $15,080 per year.
Raising minimum wage to $14.50 per hour would be a great accomplishment for the government. This would cut down on government assistance.
A lot of government funding will be cut and then these funding would be good for education and nursing homes.
Raising minimum wage to $14.50 per hour $30, 160 per year would benefit people by removing them out.
This document discusses the role of institutions in development and the challenges of using foreign aid to improve institutions. It finds that institutions are deeply rooted and usually durable, while aid focuses on short-term projects. There is no evidence that aid can stimulate growth or improve institutions, and some evidence it can harm institutions by creating moral hazard or rent-seeking. Lastly, it argues that building intellectual capital through local scholars and research may provide alternative ideas to potentially enable institutional change over time.
This presentation on privatization and TIFs was given to Theresa Amato's public interest law class at the Loyola Law School. The audio is 47 minutes long. If you'd like a copy, please email tom@civiclab.us.
Economists See Clouds in the Silver LiningYardi Matrix
Download the full report: https://goo.gl/5jwDS5
At a time when optimism is rampant in the real estate industry, and the stock market is near all-time highs after a massive run-up, economists lived up to their billing as dismal scientists at the National Association of Business Economists (NABE) annual policy conference in Washington, D.C., last week.
Although the immediate state of the economy is healthy, economists lamented the country’s long-term fiscal situation, recently made worse by the tax reform passed by Congress. They were also pessimistic about the prospects for policy solutions, which include prudent immigration reform and fewer—not more—restrictions on global trade, given the growing populism that is producing an electorate with increasingly polarized views in the U.S. and Europe.
“I’m concerned that the political system has not come to grips with sensible fiscal policy,” said Alice Rivlin, a senior fellow at the Brookings Institution and former vice chair of the Federal Reserve and director of the White House Office of Management and Budget.
The document discusses several key political issues in the United States and the general positions of Democrats and Republicans on those issues. It provides background on the emergence of the Tea Party movement in response to government bailouts and increased spending. It then lists the core beliefs of the Tea Party and contrasts Democratic and Republican perspectives on issues like abortion, gun control, the environment, and taxes.
What Are Taxes And Best Benefits of File Taxes Each Year? 2023 | CIO Women Ma...CIOWomenMagazine
While we primarily consider them once a year during tax season, we deal with them often throughout the year. In addition to the benefits of file taxes on our income, we also have to pay taxes on the things we buy and the property we own. Total annual expenditures in the United States for these things add up to billions of dollars and include everything from Social Security and the military to garbage collection and park maintenance.
The document discusses growing income inequality in the United States and proposes several policy solutions. It notes that income is increasingly concentrated among the top 1% of earners, wages have been flat while corporate profits have risen, and the current tax system exacerbates inequality. It argues for tax reforms that incentivize job creation in the US, investing tax revenues from the wealthy and corporations in education, infrastructure and public services to stimulate broad-based economic growth and restore equality of opportunity.
The document discusses advocacy strategies for the nonprofit sector. It notes that the nonprofit sector has strengths like favorable public opinion and existing relationships with officials that can be leveraged. However, it says the sector could be more effective by developing shared long-term goals, improving coordination, and increasing its visibility and influence with officials. The document advocates for strong leadership to create a unified strategy that enables nonprofits to better serve communities and create a favorable policy environment.
Let's have a discussion about capitalism and socialism. This slideshare makes the case that what we need is more capitalism as it is the system that reduces poverty and actually delivers a better overall quality of life. Yes, there are improvements that can be made, but let's have that discussion before we make revolutionary changes that have not worked well in other places.
The document discusses various aspects of taxes in the United States including the constitutional basis for taxes, different types of taxes such as direct, indirect, and progressive taxes, and how tax revenue is spent by the government to fund programs and pay off debt. It also covers the public debt and how the government borrows money through issuing treasury securities to investors.
Taxes are demanded by the government to fund federal spending and services as authorized by the Constitution. The document discusses different types of taxes such as direct taxes, indirect taxes, progressive taxes, regressive taxes, payroll taxes, estate taxes, customs duties, and income taxes. It also covers government spending, the budget and deficit process, public debt, and who the US owes money to.
The document discusses various aspects of taxes in the United States including the constitutional basis for taxes, different types of taxes such as direct, indirect, and progressive taxes, and how tax revenue is spent by the government. It also covers public debt and borrowing, including who the government owes money to and why it borrows.
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2. Off the charts! 758% income rise $35 million mean income 26% 49% 9% 11% 14% 495% income rise $7 million mean income Top 0.1% Top 0.01% Percent Increase in Mean Household Income Source: Economic Policy Institute Bottom 20% Second 20% Middle 20% Fourth 20% Top 20% Growing Wage Gap IN America 116% 97% 98% 103% 85% 1973-2007 1947-1973
3. 1947 1950 1960 1970 1980 1990 2000 2004 Productivity Wages Unionization Rate 1947: 32% Unionization Rate 2004: 7.9% Working harder for less
11. Misleading Claims “ States with RTW laws have experienced above average economic growth, while states without such laws have seen below average growth.”
We are here today to talk to you about the WAR ON WORKERS. No other time in the history of this country, or in the history of this state have we seen such coordinated attacks on working families designed to lower wages, roll back safety provisions and silence the our voices in the workplace and in government. We often hear the phrase “The Rich are getting richer and the poor are getting poorer” and today in Indiana and across this nation, sadly that is true. So today we want to spend a few minutes exposing that anti-worker agenda and talk about what we can all do to stop it.
This slide is a powerful illustration of the growing wage gap in America. Let’s take a look at what’s happened to household income overall. . . The 1940-70s were union growth years … wages grew steadily and balanced…all wage sectors made real gains [CLICK] Mid 70s to date total stagnation with the exception of the highest earners The middle class and lowest wage sector have really taken a hit [Click] [Click] This time when our bar graph goes off the page, it’s for a VERY different reason: those at the very, very top has seen their incomes rise astronomically. This massive shift in income … you have to wonder if its by accident or design? Weakening of unions and plummeting incomes … accident or design?
And, let’s also take a look at productivity. Where at one time our wages were keeping up with gains in productivity, we’re now seeing huge gaps – starting in the 1970s. But, from the last slide, we know that wealth that’s being created is going somewhere. . .just not to us. Again, it leads you to wonder if this is by accident or design. But it’s clearly by design. It’s a well funded, long term strategy to undermine the voice of working people.
So who’s behind this? As we said at the beginning, this is a well funded, strategic, long term plan by corporate America. Here are some of the leading culprits and their mouthpieces
And here is the agenda they are pushing. Right to work state and national legislation designed to cripple unions Restrictions on collective bargaining for public employees, educators and pensions – many of which we have already seen in Indiana So-called “ Reforms” in education designed to destroy our public education system and turn it into a for-profit venture. Bans, restrictions or reductions to Project Labor Agreements and Common Construction Wages Financial, environmental, trade deregulation Attacks on the National Labor Relations Board Eliminating Medicare And of course they are pushing divisive social issues designed to distract and divide us.
And don’t let them tell you that this agenda is unique to Indiana – or that it is homegrown. It’s not. The same radical legislation that we are fighting in Indiana was introduced in 45 other states as well. This is truly an all out attack on workers taking place in state legislatures across America.
In Indiana in 2011 we were ground zero in this national fight. We didn’t get the media attention that other states got, but we faced down the largest onslaught of bills of any state. For 36 straight days more than 75,000 Hoosiers came to the statehouse to protest. It was the largest and longest sustained protest in our state’s history – and along with the close to a million emails, phone calls and other types of communication we let our state legislators know our views on these bills. You see, the corporations thought they could take Indiana down quickly – and we wouldn’t fight back. The figured as a state at the heart of the industrial heartland, it would be like a domino effect – Michigan, Ohio, Wisconsin, etc. etc, would fall. But we stood up and got some wins – and in the process helped to stop this tidal wave across the country. Thanks to the House Democrats legislative “time out” in Illinois we were able to: Stop all “Right to Work” bills from advancing Beat back attempts to prohibit dues check-off Prevented the criminalization of strikes, and state employees participating in union activities – a law that would have stripped state employees of their pensions if they even talked about joining a union. Stopped full scale School deregulation Prevented “Emergency Manager” bill for local government. Under this law, the state could come in and take over the control of a city and remove the elected leadership – much like what is happening in Michigan today. Fought off all out ban on PLAs Improved Drug Testing for UI Benefits to render disqualification rare. Originally this failed to include any standards for testing or analysis. A prospective employer could have ordered an employee to unclothe and take the test right in front of him. And he could have done his own analysis. We made sure that tests were to be taken and analyzed only by accredited labs, that positive tests be confirmed by a more rigorous analysis and that medical prescriptions or history be taken into account.
We also sustained some losses – which was to be expected with a Republican Governor and huge majorities in both houses of legislature. They passed a public school voucher bill that will drain money away from the public schools – although we were able to put limits on the number of vouchers. They expanded the number of charter schools, They also instituted new teacher evaluations standards which are based on testing and nothing else and now the state superintendent has the authority to take over schools as he deems necessary – taking the local control away from parents. They permanently banned collective bargaining for public employees, and changed state personnel laws to make it harder for state employees to keep jobs. They weakened the common construction wage – which is like the minimum wage for construction workers And early on they cut unemployment benefits by 25% while giving corporations a 25% tax break – Indiana now has one of the lowest unemployment benefits in the nation.
So you can see they accomplished much of what they wanted in 2011 – but not everything. What’s in store for the next round? The big ticket item still left is passing a Right to Work bill – and that’s what we want to talk about next. First of all – what is Right to Work. It sounds good – great name – but what does it really do? “ Right to work” laws prevents employers and employees from negotiating a type of agreement (a union security clause) that requires all workers who receive the benefits of a collective bargaining agreement to pay their share of the costs of representing them. These laws require unions to represent every eligible employee, whether or not he or she pays dues. In other words, “right to work” laws allow workers to pay nothing and still get all the benefits of union membership, collective bargaining and contract enforcement. In so doing, they force good union members to pay for those who won’t pay their own way.
Here’s another way to look at it. Imagine you retired, bought a beautiful condo. Gardeners take care of the lawn. You don't own a mower. The pool is pristine. You have a nice life and in exchange, you pay some dues to the condo association for taking care of your needs. Now imagine that "Joe" wants to buy a condo. But, he tells you he does not want to join your silly condo association. Well, you reply, "You can buy a home wherever you like, but if you are going to live here, you have to pay your fair share. We don't want Free Loaders!“ We all understand that, and we would not make condo associations illegal. In fact, state law protects them. If people don't pay their dues, Indiana law allows the association to put a lien on the property. Unions work the same way. They negotiate wages, hours, and benefits for all people who work for an employer. By long established federal law, unions cannot exclude non-union employees from the benefits of the contract. Therefore, unions sometimes negotiate with employers to require that every employee be asked to pay a fair share of the negotiation and representation costs. Right To Work (RTW) prohibits that. Right to Freeload might be a more appropriate name. Union employers choose to form a contract to protect unions from Freeloaders and collect those dues. RTW makes such contracts illegal.
In Indiana, the Indiana Chamber of Commerce is leading the push for “Right to Work” legislation – and last year they came out with a study that said, among other things: “ States with RTW laws have experienced above average economic growth, while states without such laws have seen below average growth. They want you to believe that passing a RTW law will be the silver bullet for the economy. It will fix everything that is wrong with Indiana. It will create jobs. Lower Taxes. Open the flood gates to new businesses. Isn’t that the exact same thing they said about Daylight savings? We won’t be fooled again by false promises. Let’s look at the real numbers.
Here is a comparison chart of Per Capita Personal Income. The states in Red are RTW states – and blue are non-RTW states. If this law had the amazing economic impact proponents say it would, you’d think you’d see a lot more red on the far end of the screen.
The US Bureau of Economic Analysis also recently found that the average wage in a right-to-work state was about $37,200 last year, while the average wage in a state without a right-to-work law was $42,300, a difference of 14 percent. And if also found that states without right-to-work laws have higher gross domestic products. The average in the 22 right-to-work states was $220.4 billion, while the average in states without such a law was $287.7 billion, about 30 percent higher. But if numbers aren’t your thing – let’s look to the last state to adopt RTW – Oklahoma.
RTW laws are primarily in rural or Southern states and one wasn’t passed for nearly 30 years until Oklahoma became the 22 nd state to pass the law in 2001. Oklahoma adopted the legislation with the promise of job creation, increased wages and so on an so forth. It’s the same sales pitch Hoosiers hear today. But here’s what happened…
Since RTW was adopted, over 100 Oklahoma firms have closed their doors due to low-wage competition abroad. After all the promises of job growth and business relocation, as this chart shows Oklahoma has actually lost jobs since RTW was enacted – further proof the RTW doesn’t do what some claim it will do.
In fact according to a recent survey of states economic development climates for high-tech companies, 9 out of the 10 most attractive states were non-RTW states. So this isn’t about economic competitiveness, or fairness or a person’s “right” to work – it’s about power and profit
Despite what they tell you about increased wages and all brings jobs passing RTW would bring into the state – but they have never been able to back up their claims with any real proof. And it’s because RTW is a false promise. As Dr. Martin Luther King once said “Right to work brings no rights and no works.” The bottom line is this: - RTW lowers wages for all workers – across the board, union and non-union alike. It will lead to fewer benefits for workers Safety standards are weaken considerably – you are 50% more likely to die on the job in a RTW state Millions of dollars are drained out of local economies because workers have less disposal income to spend at local stores and shops And, most notably because RTW weakens unions ability to operate and to be effective voices for workers, it takes away worker’s ability to speak up at work or in election cycles. RTW is leads to a race to the bottom. By lowering wages and taking away workers ability to change their working conditions or political climate, the corporations will have total control. There will be no one to stand up to them. So it’s critical that as working men and women we stand up to this radical anti-worker agenda.
To do that we must take action. Our challenge today as a labor movement and as a people is to: Get Active – we must get our membership and all working people fired up and get them involved in this fight. This is an all hands on deck moment. We must do phone banks, walks, leafleting, membership education and community outreach. Get Attention – we must get media attention and get our message out to the community as a whole. We are in this together. When we lose wages, the community will suffer too. There are no neutral parties in this fight. Get Even – There are elections coming up and now more than ever our membership must get registered to vote and they must turn out and vote for those that support us. We must exercise this fundamental right before it is taken away from us too. Brothers and sisters, this is a do or die moment not only for organized labor for the America we know today. If we don’t stand up now, we will be eliminated by the forces of corporate greed. There will be no more middle class. It will be the super wealthy and the workers. That’s it. No in between. So everyone in this room who cares about this state, this country and wants to pass along the American Dream to another generation of Hoosiers has skin in this game. There are no more sidelines to sit on. The war has come to your front door.
I ask you to join us in this fight. Go to www.inaflcio.org and sign up for our email list – and spread the word. This will be your best line of communication with us about what is happening at the Indiana Statehouse. We will send out notices and calls to action for you to contact your state legislators, and for you to come to the Statehouse. We try not to ask too often, but when we do – we need you to answer that call and get others to answer it too. We need everyone involved and ready for action today, tomorrow and every day moving forward. If we can do that, we can fend of these attacks again and continue the fight for America’s future. Thank you for your time and consideration.