AUSTERITY & OPPRESSION SUPPORTERS VS THE PROGRESSION Of The REST OF US
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Fear, Uncertainty, and Doubt: Big Business's Tax Code Strategy

Fear, Uncertainty, and Doubt: Big Business's Tax Code Strategy | AUSTERITY & OPPRESSION SUPPORTERS  VS THE PROGRESSION Of The REST OF US | Scoop.it

Today's New York Times article titled "Major Companies Push the Limits of a Tax Break" strikes me as a microcosm of the challenges with the federal tax code.

It also reveals something else. It's a marketing strategy called FUD - Fear, Uncertainty, and Doubt - and it's being used by the rich and powerful to protect tax codes which benefit them by making the rest of us afraid to support efforts to change or eliminate those tax loopholes.

The article describes a 90-year old tax code modification supposedly meant to be helpful to farmers and small businesses. When discussing tax codes as "helpful" it's important to always remember that that help comes with a price tag. That "help" means that the government isn't taxing a transaction. That, of course, means less tax revenues into the federal treasury and, like it or not, we will not see our federal debt lowered and our federal budget come closer to balance unless both sides of the ledger - expenses AND revenues - are tackled.

Don't get me wrong. I don't oppose every tax code meant to help businesses, especially small businesses. What I vehemently oppose is what seems to have happened here. It appears from this article that this incentive originally intended to benefit farmers and small businesses was eventually expanded and perverted into something that the likes of JPMorgan, Wells Fargo, and GE may have abused.

How does that happen and why aren't we capable of doing something about it?

Perhaps this is one possible answer.

Whenever the topic turns to the economy, business, and taxation, we seem to allow the rich and powerful to control the discussion and to set the framework for what to do next. We allow the to do this by employing a strategy those of us in the sales and marketing profession know as FUD - Fear, Uncertainty, and Doubt. Here's how it works.

We allow them to manipulate and control us by controlling the discussion mostly through fear and with heavy doses of uncertainty and doubt. Too many of us are easily (and to some degree, justifiably) frightened by the threat of the loss of the most basic thing needed to survive in a modern society; namely and for starters, a job which pays enough (but not always enough) just for food and shelter.

The things that used to signal the arrival into the middle class - higher education, vacations, and even a little free time to pursue interests outside of two or three part-time jobs - are now available and affordable to fewer and fewer people. All this at a time when taxes are at historic lows, regulation on businesses of all types has been progressively shredded over the last 30 years, the wealth gap is wider than it's been since the Gilded Age, and the federal debt keeps ballooning.

When it comes to taxes, the rich and powerful use FUD to make the same argument they always make: the beneficial tax treatment of these "...asset exchanges spur investment and help create jobs." They frame the discussion about raising taxes and doing away with loopholes by saying that if they are taken away there will be less investment and fewer jobs. My response to that argument is pretty consistently this: if that's true then why is unemployment still just under 8% and why isn't the economy growing faster? You rich and powerful people are getting what you want and it's still not enough?

This is overly simplistic, I know, but I still believe it's a valid stance to take in this argument. It's still a legitimate way to tear down and take back the framing they want to use when it comes to the tax code. If tax breaks like this are so great, then why are we in the terrible state we're in and why aren't the rich and powerful investing more into a recovery? 

And when it comes to changing the tax code as a means for helping to reverse the federal government's mounting debt, the discussion must be first and foremost about the sort of code changes like this one that benefit GE and Wells Fargo long before even thinking about code changes such as eliminating mortgage interest deductions.

It's far past the time to end the corporate welfare system. That must begin with changes to the corporate tax codes. They must pay more, not less. Corporations have already proven they'll adapt and, besides, how much more is left for them to outsource overseas? They've refused to do anything except hold us all hostage through fear of job loss while they sit atop record-setting profits.

It's time to call their bluff.

One of the greatest challenges we face for reversing tax codes that benefit only the strong, the wealthy, and the powerful is our ability and willingness to call them out on their FUD strategy and to tell them that, "We're mad as hell and..."Well, you know the rest.

More than that, our elected officials need to know they can't use FUD on us either. If they have the courage to stand up to big money and the power elite, then they need to know that we will stand with them. We need more people like Bernie Sanders and Elizabeth Warren who seem to actually care about the middle class enough to stand up to Wall Street, big corporations, and the infinitesimally small number of wealthy people in America who already have rigged the system far too long and far too much to their advantage.

The wealthy aren't doing anything much to help the rest of us, so why should we keep kowtowing to them and their interests? Let's close tax loopholes that benefit large and wealthy corporations. It's a better place to start than with my home mortgage interest deduction.

Click here to find your Congressional Representative and tell him/her what you think. It's the only way they'll know.

Click here to learn more about and to get involved with Coffee Party USA and the work they're doing to restore our democracy.


Via Michael Charney
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AUSTERITY & OPPRESSION SUPPORTERS  VS THE PROGRESSION Of The REST OF US
GOP News, Libertarian news, Democratic News, World News and Reflections of Trends & Events that impact Austerity, Oppression or Progression of Societies.
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Indiana Teacher: What You Need to Know about Mike Pence

This Indiana teacher wants you to know what Governor Mike Pence did to the public schools on his home state. He didn't do it alone.
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Clinton taps Tim Kaine for vice president, but fails to impress Sanders supporters | VICE News

Democratic presidential nominee Hillary Clinton has picked Virginia senator Tim Kaine as her 2016 running mate.
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Nomadic Politics: The Ignorance of Donald Trump and the Shameless Capitulation of the Republican Party

Nomadic Politics: The Ignorance of Donald Trump and the Shameless Capitulation of the Republican Party | AUSTERITY & OPPRESSION SUPPORTERS  VS THE PROGRESSION Of The REST OF US | Scoop.it
When Trump revealed the details of his long-anticipated economic programs, economists shuddered. It was suddenly clear that Trump hadn't the faintest grasp of fiscal realities.
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It just keeps getting better — Equal Citizens

It just keeps getting better - Equal Citizens - Medium
Not that you could tell from the news or anything, but the fantastic news that I wrote about three days ago is just getting better.
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Propaganda and Activism: What You're Not Being Told About Black Lives Matter

Propaganda and Activism: What You're Not Being Told About Black Lives Matter | AUSTERITY & OPPRESSION SUPPORTERS  VS THE PROGRESSION Of The REST OF US | Scoop.it
Rush Limbaugh made the incendiary assertion Friday that Black Lives Matter is a “terrorist group,” but what is the truth about BLM?
Monica S Mcfeeters's insight:
My insight:
This is an article from the fifth column news....As someone that loves researching connections of ideas and values, events and political policy I'm giving my ideas on the recent police attacks. Research is an activity much like using many colors and marks to create an image only the unity of the final connections is more mental than visual or physical as it would be in art. The image creation is a mental process that is the same as used to do research and that is why I like researching connections to shape full ideas.

I recognize the latest police attacks as consistent with the values and agenda of the Oath Keepers .... though no group has claimed the actions and the Dallas shooter stated point blank he acted alone and had no associations with groups. It would be wise for this group to not beat their chest. Still the oath keepers, as a group loathed by both the center right and the center left, are a group that mandates prior military service and swears an oath to protect American citizens against attacks by our own military or police if the actions or orders of the military or police are not in the interest or go against the rights and freedom of citizens... That was my impression of this organization as far as I remember from my research as I bumped into some folks associated with this group.

I follow my natural curiosity and questions as I dig up info.... One link usually opens a new question and directs me to a new connection. Much like spilling some paint you don't intend forces an artist to look for a way to connect that spot and unify the work if there is anyway to do it well....One learns when some drops can't be incorporated without ruining the art work or concept you seek to complete.... Those drops of paint or information just don't fit the big picture. The same is true for researching. These attacks on the police fit the oath keeper mandates. That is my opinion... They may not be directly connected but the actions seem in keeping with their concerns.

The Oath Keeper's leadership watches police attacks on citizens all over the nation like Hawks and on a daily basis as an over all picture they follow. They also watch for police and military connections they see as threatening to citizens... An interesting group to read about as it is attacked by both right leaning O'Reilly and left leaning Chris Mathews. I asked my husband who is much like a walking encyclopedia if he had ever heard of a "fifth column" thinking also that it might be a military term. Steve's majors at Tulane were political philosophy and paleontology (go figure)... But he is also well read in history and military doctrine and ideas. Turns out it is a political term( I got lazy on my research when I ran across that term in regards to the oath keepers). Steve says the fifth column is a political term that is sometimes used in many democratic countries that have a strong four party system with two right and two left parties. The term describes a group that is against both the current left and right... This might explain why O'Reilly and Mathews both see the oath keepers as a threat. It is also my opinion that the attacks on the police are not about Obama or Hillary or gun rights..... Or even Trump yet...It is about police killing people that are often unarmed ( and more likely so if they black people). The idea that not even so much as losing a job over the mistake happens or recognizing the killing as a mistake or an inappropriate, over-reaction on the part of the officers involved is upsetting to millions of people. A DUI driver is sentenced with involuntary manslaughter... But the driver never intended to use bad judgement or skill in driving. There should be some consequences if a police officer kills or injures you out of a incorrect, perceived self defense... It should not be "oops" even if you are a policeman... Shoot first ask questions later wasn't a good answer in most the cases that have enraged people lately...
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The Internet battle we cannot afford to lose

The Internet battle we cannot afford to lose | AUSTERITY & OPPRESSION SUPPORTERS  VS THE PROGRESSION Of The REST OF US | Scoop.it
The US and the EU are on the verge of giving rich corporations the right to control what we all see on the Internet. It’s the apocalypse of the Internet as we know it. But free speech advocates and web companies are fighting back.
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#JillStein2016 | Facebook

View about #JillStein2016 on Facebook. Facebook gives people the power to share and makes the world more open and connected.
Monica S Mcfeeters's insight:
Listen to the woman worthy of being the first women in the President's seat.
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The Evangelicals and the Great Trump Hope - NYTimes.com

The Evangelicals and the Great Trump Hope - NYTimes.com | AUSTERITY & OPPRESSION SUPPORTERS  VS THE PROGRESSION Of The REST OF US | Scoop.it
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Einstein: The Negro Question (1946)

Einstein: The Negro Question (1946) | AUSTERITY & OPPRESSION SUPPORTERS  VS THE PROGRESSION Of The REST OF US | Scoop.it
by Albert Einstein I am writing as one who has lived among you in America only a little more than ten years. And I am writing seriously and warningly.
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Hillary Clinton’s email problems might be even worse than we thought

Hillary Clinton’s email problems might be even worse than we thought | AUSTERITY & OPPRESSION SUPPORTERS  VS THE PROGRESSION Of The REST OF US | Scoop.it
A very bad day for the Clinton campaign.
Monica S Mcfeeters's insight:
I hear Clinton or Trump mentioned and there is a sick feeling in the deepest part of my heart.... It feels like we have all fallen into a nightmare we can't wake up from...
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America's Female Prison Population Has Grown 800% and Nobody Is Talking About It

America's Female Prison Population Has Grown 800% and Nobody Is Talking About It | AUSTERITY & OPPRESSION SUPPORTERS  VS THE PROGRESSION Of The REST OF US | Scoop.it
“The fastest growing segment of the prison population in America,” Harris articulated, “is women … and nobody is talking about that.”
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New York Times: Trump Institute Sold Plagiarized Lessons

New York Times: Trump Institute Sold Plagiarized Lessons | AUSTERITY & OPPRESSION SUPPORTERS  VS THE PROGRESSION Of The REST OF US | Scoop.it
The New York Times reported that Donald Trump was involved in another fleece-the-buyer scheme, aside from Trump University.
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Obama and Sanders battle over TPP and the Democratic platform

Obama and Sanders battle over TPP and the Democratic platform | AUSTERITY & OPPRESSION SUPPORTERS  VS THE PROGRESSION Of The REST OF US | Scoop.it
Monica S Mcfeeters's insight:
Ok Hilary now opposes the TPP ....then explain this????
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Watch Jason Leopold learn the results of his Hillary Clinton FOIA lawsuit | VICE News

Watch reporter Jason Leopold learn the results of his FOIA inquiry into why 22 Hillary Clinton e-mails were withheld by the US State Department.
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Turkish president wants U.S. to send rival cleric home

Turkish president wants U.S. to send rival cleric home | AUSTERITY & OPPRESSION SUPPORTERS  VS THE PROGRESSION Of The REST OF US | Scoop.it
Turkish President Recep Tayyip Erdogan is demandin the United States arrest or extradite an exiled Islamic cleric he blames for a coup attempt.
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EXPOSED: New Leak Shows DNC Officials Tried to Destroy Bernie Sanders' Campaign

EXPOSED: New Leak Shows DNC Officials Tried to Destroy Bernie Sanders' Campaign | AUSTERITY & OPPRESSION SUPPORTERS  VS THE PROGRESSION Of The REST OF US | Scoop.it
The worst fears of Bernie Sanders' supporters have been officially confirmed in the latest batch of DNC emails released by WikiLeaks.
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Meet the People Responsible for the Next Attack on Police Officers

In the interest of public safety, we're is publishing the names of some of those who will be responsible for the next attack.
Monica S Mcfeeters's insight:
This is the fifth column point of view on the cause of attacks on police. I'm not saying the ideas are correct but it interesting to think about.
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Tim Berners-Lee

Tim Berners-Lee | AUSTERITY & OPPRESSION SUPPORTERS  VS THE PROGRESSION Of The REST OF US | Scoop.it
Monica S Mcfeeters's insight:
Meet the man that invented the World Wide Web and join his/our battle to keep the web open and user voice and choice powered... Everyday counts in this ongoing fight for control of the web...
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Politico: DFER Fights to Block Changes in Democratic Platform

Politico: DFER Fights to Block Changes in Democratic Platform | AUSTERITY & OPPRESSION SUPPORTERS  VS THE PROGRESSION Of The REST OF US | Scoop.it
Politico reports that Democrats for Education Reform, the hedge funders' charter advocacy group, is not happy with the amendments to the platform proposed by supporters of public schools Troy LaRaviere of Chicago and Chuck Pascal of Pennsylvania: ...
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Jack Hassard: Georgians, Open Your Eyes, You Are About to Be Swindled

Jack Hassard: Georgians, Open Your Eyes, You Are About to Be Swindled | AUSTERITY & OPPRESSION SUPPORTERS  VS THE PROGRESSION Of The REST OF US | Scoop.it
Jack Hassard, emeritus professor of science education at Georgia State University, warns his fellow Georgians about a constitutional amendment on the November ballot that will allow the state to cancel local control.
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A Saudi Morals Enforcer Called for a More Liberal Islam. Then the Death Threats Began. - NYTimes.com

A Saudi Morals Enforcer Called for a More Liberal Islam. Then the Death Threats Began. - NYTimes.com | AUSTERITY & OPPRESSION SUPPORTERS  VS THE PROGRESSION Of The REST OF US | Scoop.it
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Democratic Platform Drafting Meeting Concludes - 2016 Democratic National Convention

Democratic Platform Drafting Meeting Concludes - 2016 Democratic National Convention | AUSTERITY & OPPRESSION SUPPORTERS  VS THE PROGRESSION Of The REST OF US | Scoop.it
ST. LOUIS, MO – This morning after hearing testimony from 114 witnesses from around the country, the Democratic Platform Drafting Committee concluded its meeting with a final draft approved by the committee.
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The Fourth of July, Brought to You by Belgium, Brazil and China

The Fourth of July, Brought to You by Belgium, Brazil and China | AUSTERITY & OPPRESSION SUPPORTERS  VS THE PROGRESSION Of The REST OF US | Scoop.it
Why foreign direct investment is as American as apple pie.
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BREAKING NEWS: California Appeals Court Unanimously Reverses Vergara Decision!

BREAKING NEWS: California Appeals Court Unanimously Reverses Vergara Decision! | AUSTERITY & OPPRESSION SUPPORTERS  VS THE PROGRESSION Of The REST OF US | Scoop.it
The Vergara decision, intended to eliminate teacher tenure and seniority, was unanimously reversed by the California appeals court.
Monica S Mcfeeters's insight:
Update on education policy about teacher tenure, due process and unions
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Robert Reich on What's Next for Bernie — And His Supporters

Robert Reich on What's Next for Bernie — And His Supporters | AUSTERITY & OPPRESSION SUPPORTERS  VS THE PROGRESSION Of The REST OF US | Scoop.it
Bernie Sanders surrogate Robert Reich discusses whether Bernie fans will vote for Hillary Clinton, and why we need a new third party (after November).
Monica S Mcfeeters's insight:
Interesting.....
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