No tax reform items will make it through Congress if those items touch the very wealthy. Congress is set to drive the middle class further downward, shred the net for the poor (they don’t count raging inflation for food and clothing) , and make the very wealthy much wealthier until at least the 2014 election. If you make less than $500k per year you better pray that the House goes Democrat in 2014.
– – http://news.yahoo.com/obama-pitch-buffett-tax-killing-corporate-tax-breaks-100313227–sector.html
Many corporations regulate themselves however they wish and then regulate the governmental regulator as well. Case in point: BIG PHARMA. The FDA along with other agencies, many that make grants, subsidizing favorite projects, are hardly more than bureaucratic rubber stamps for the biggest pharmaceutical corporations. Having steadily taken control of the medicine market as they consolidated to ever larger mergers, these corporations have become to BIG TO REGULATE. This trend is found in every industry and seems to be the best way for corporate execs and plutocrats to put the government of the People and the Free Market in their places. This film clip is one example in one industry, BIG PHARMA. – – http://www.youtube.com/watch?feature=player_embedded&v=jRua3NLg-Z8#!
Lobbyists work around the clock to influence legislation in both houses of Congress. What kind of influence do lobbyists seek? Depends on their employers. Here is a brief clip of the 60 Minutes interview with Jack Abramoff – a very informative interview. – – http://www.cbsnews.com/video/watch/?id=7387331n
Wages, benefits, health insurance? Many jobs in America, especially those “good middle class jobs” that Republicans talk about, could keep a couple or small family below the poverty line. But there are also costs in working – quite a few. These costs are the major reason that many unemployed and underemployed workers cannot “just take any job now, but keep looking for a better job.” By the way, how much does it cost to look for work? This calculator helps get a better picture of the real costs, but it does not mention taxes, social security or medicare deductions. Transportation for much of America is tenuous with few public transportation options – and it’s expensive to own and insure an automobile, very necessary for many commutes. There are also costs in the loss of time, not only for your work but travel time, breaks (mandatory or non-existent), preparation time for dressing and grooming, cosmetics for women. These costs of time and transportation are particularly trying for workers in jobs with changing schedules, being sent home early, told to stay home or prone to further cuts in part-time daily hours. And how about those employers who enforce an “on-call” schedule or mandatory overtime or split shifts or rotating shifts? If you have ever had to work these kinds of jobs you are also probably afraid to join a union, if there is one, even though unions and minimum wage levels have crossed your mind.