Category: Economy
The Case For A Value-Added Tax (V.A.T.)
Amazon.com has dropped affiliates in the state of Colorado.
It's because Colorado has passed a law requiring internet sellers collect state taxes.
States have long complained about losing sales tax revenue to internet sales.
For the internet seller,… more »
Toyota: Did It Abuse Workers?
According to a story in the L.A. Times, several Toyota employees sent a memo to the company expressing their concern about Toyota's practices:The union men had watched the company take what they believed were dangerous safety and manpower shortcuts to… more »
FDIC, IndyMac, Taxpayers, and Friends In High Places. Are You Angry Yet?
Somebody got the FDIC concerned:Y'know what?It certainly smells fishy to me.As we continue to drown in unemployment and foreclosures, as a commercial foreclosure (and banking) crisis is about to hit, and as increasing numbers of homeless ar… more »
Here's A Great Idea From The Brits: A Robin Hood Tax
The Robin Hood Tax is a tiny tax on bankers that would raise billions to tackle poverty and climate change, at home and abroad.
By taking an average of 0.05% from speculative banking transactions, hundreds of billions of pounds would be raised every y… more »
Mind-Boggling Defense Spending
The chart below shows historical, current and projected defense spending:(source)We've gone from cyclical ups and downs to record-setting full-time spending.This appears to contradict the right wingers whose latest anti-Obama refrains have… more »
Hey! Credit Card Revolt!
CreditCardRevolt.com
Related story
It's a shame that our Congress is for sale to the highest bidder (the banks) and refuses to pass meaningful consumer protection against the credit card pirates.
If you'd like to get really pissed off, watch thi… more »
Consumer Protection: Republicans Don't Want You To Have It
Alabama's Republican Senator Richard Shelby had to be reminded by an aide what "CFPA" was...then he began backtracking: more »
If You Buy An "American" Car, Will It Really Be An "American" Car?
GM's North American president told reporters that "plants building the Chevrolet Equinox, GMC Terrain and Cadillac SRX crossover vehicles and the Buick LaCrosse sedan are at capacity and can't satisfy demand". He intimated that an idled GM factory may be… more »
As The Fat Cats Get Fatter, Others Are Committing Suicide
Tools for coping with the recession:
As the societal leeches who brought about the financial collapse continue to enrich themselves at taxpayer expense, some of their victims are literally killing themselves:
A lot of people say "Over my dead body.… more »






