What’s an inversion, and what’s it costing you?


Last week, President Obama called attention to one kind of corporate tax loophole in particular — called an “inversion” — a word you might be seeing in a lot of news headlines lately.

It’s not the most intuitive name for a corporate tax loophole, so we’re breaking it down for you.

Click here to find out what it is, how it’s costing you, and how to fix it.

Learn more about what inversions are.

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daily kos recommends … HR935 ~ House Dems & The GOP


 

 

 

 

 

 

 

 

 

 

 

 

 

 

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July 30th is a big day for millions of working families in New York City!


Dear Friend,
July 30th is a big day for millions of working families in New York City!  Today, workers are eligible to start using the sick time they have accrued under the NYC Earned Sick Time Act, if they have been with their employer since the law went into effect on April 1, 2014.  A Better Balance worked closely with legislative officials to draft and strengthen this new law.  It covers nearly 1.2 million workers who previously had no sick time and ensures that 3.4 million workers in the private sector now have a legal right to sick time.  That means that employers cannot deny workers sick time they have earned or retaliate against workers for taking that time to care for themselves or family members.
Now we have to make these new rights a reality on the ground!  Could you take a moment today to spread the news by forwarding this to your networks or telling workers you know who may be in need of the law’s new protections?  Please tell workers to call ABB’s legal hotline at 212-430-5982 if they have questions about the law or problems related to the need for sick time.  ABB can provide confidential advice and free legal representation and can take calls in English and Spanish.
And when you spread the word, please tell workers that the Earned Sick Time Act gives them the right to take up to 40 hours of sick time per year to care for their own health or the health needs of a child or other family member.  Most employers will have to pay workers for the time, and all covered workers are protected against retaliation. Please see ABB’s one-page flyer (also available in Spanish) and webpage for workers on the law.
We’d also be grateful if you or anyone you know could distribute our materials on the law to organizations, community centers, etc. in your own community.  To find out how you can get involved, or if you have any questions, please call ABB at 212-430-5982 or email sicktime@abetterbalance.org.  
As always, thank you for all your support,
Sherry, Dina, Phoebe, Jared, Elizabeth, Liz, Risha, Rachel & Morenike

SharkNado2 … July 30


Sharkbaby In theatres near you? … maybe

meet david perdue, a Georgia Republican


Running against Michelle Nunn, Democratic Party.

I actually searched his website for information that would provide reasons to vote for him. I found his background, seemingly doing business with folks for folks and by folks overseas a bit scary! I could be wrong, but I can see American jobs being subjected to lower wages and or going overseas where we all know a living wage just does not seem to exist.  I am willing to be corrected, but this person seems bad for trade for jobs and again, do your research. I say that I am not a one-issue voter, but any candidate that advocates a right to life definitely chooses to ignore mothers from all backgrounds, their need to control their lives and engage in family planning. David Perdue definitely is a Republican that should stay a businessperson, though if you go to his website, jobs Women and a safer country all seem at risk in his hands in my opinion

Defending Our Values

There are principles I share with a majority of Georgians. I believe that we should promote a culture that values life and protects the innocent, especially the unborn. I also believe that we must protect traditional marriage, keeping it clearly defined as between one man and one woman. Being pro-life and believing in the sanctity of marriage are my deeply held personal convictions. I will not waver in defending them if I have the privilege of serving you in the U.S Senate.
See David’s response to National Right to Life

The National Debt

The crushing national debt has surpassed $17 trillion. We must act now to rein it in before it becomes unsustainable. Of course we have to cut wasteful spending and unnecessary bureaucracy. We have to eliminate the billions of dollars in failed government programs and redundant agencies. However, the best way to begin getting the debt under control is to grow the economy without a tax increase.

Comprehensive Tax Reform

In the midst of a terrible economy, this would be the worst possible time to raise taxes on anyone. Too many families and too many businesses are struggling to get by. I will not support a tax increase of any kind. Furthermore, the federal tax code is too complicated and misaligned. It should be completely overhauled as a means to promote growth and encourage more domestic economic investment. My preference is the Fair Tax.

Term Limits

I have never run for public office before, which in my opinion is a good thing. Just look at the results we have gotten from career politicians. They have created a crisis in Washington. We can’t expect them to fix it. That’s why I support term limits: a maximum three terms in the House, two terms in the Senate. I’ll stick to that commitment myself. Until we get term limits in place, we should enforce them at the ballot box by voting the career politicians out of office.
See David’s term limit pledge

Balanced Budget Amendment

Every Georgia family understands that you can’t perpetually spend more than you take in without going bankrupt. The problem is that the professional politicians in Washington won’t make a tough decision. I would absolutely vote for a balanced budget amendment. However, we need immediate tax and regulatory reforms along with appropriate spending cuts so that we have a right-sized, responsible budget sooner rather than later.

Repeal ObamaCare

ObamaCare is an overreaching federal program that will actually reduce the quality of health care and increase costs. I am one of the millions of Americans that had my personal policy cancelled after being told I could keep it. To make matters worse, Obamacare is discouraging full-time job creation. The consequences of politicians passing a massive bill without reading it continue to emerge. We need to repeal ObamaCare and replace it with more affordable free market solutions.

Revitalizing American Manufacturing

I believe that we are on the verge of revitalizing American manufacturing. The private sector is primed to create quality jobs by manufacturing innovative products that require a skilled workforce and high-tech facilities. These products are needed for domestic consumption and more importantly for exports to foreign markets. But the manufacturing industry’s renewal can be stunted if we don’t correct bad energy policies, the lack of infrastructure, failures in education, and the punitive tax code.

Increasing American Exports

The best opportunity for long-term economic growth is to boost our exports to emerging economies worldwide. In fact, I have started my own exporting business where we ship American-made products overseas. They have an increasing demand for American goods, both quality manufactured products as well as other needs such as agriculture products. Increasing exports requires elected leaders who understand global trends and how to remove barriers to growth. If so, we can create a new age of American prosperity.

Local Control of Education

I grew up the son of two teachers. I married a teacher. I have seen firsthand that parents and local educators make the best decisions on how to meet the unique needs of students. For example, my mother started a program for gifted students that is still a model for schools across Georgia to this day. True innovation starts at the local level, not in Washington. We should dismantle unnecessary federal bureaucracy, including the push for Common Core, and get that funding into the classrooms.

Energy Independence

Decades after an oil embargo led to gas rationing and long lines at the pump, we still don’t have a plan for energy independence. Instead, our own government limits our options by being overtly hostile towards domestic energy producers. In the process, they force us to rely on energy resources from countries that wish to do us harm. With the right leadership, we can finally have a domestic energy policy that is environmentally responsible in the long-term while meeting our current needs.

Secure Our Borders

Securing our borders is a matter of national security. The debate in Washington over illegal immigration has become unnecessarily complicated. Out-of-touch politicians have created another massive bill, like ObamaCare. Simply put, we need to strictly enforce current laws and any new laws should be straightforward, focusing on true border security. Until the federal government gets serious about immigration security and enforcement, discussing anything else is pointless.

The Right to Bear Arms

Growing up in Middle Georgia, I have been hunting since I was young, but I understand the 2nd Amendment is not only about hunting. It is hard for me to question the wisdom of the Founders. They crafted a Constitution that has only been amended 27 times in over 225 years. Ten amendments were their own, designed to explicitly protect certain rights. The 2nd Amendment is clear. We have ample gun laws on the books now, and I believe we should focus on enforcing them.
See David’s response to the National Rifle Association

Resource: His website