Taxes and Inflation – Taxes and Inflation

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

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The Wealthy Are Not Job Creators

Entrepreneur and venture capitalist Nick Hanauer demolishes the falsehood that we shouldn’t raise taxes on the rich due to their being “job creators.” Of course, the continuance of the Bush tax cuts for the wealthy has coincided with high unemployment with rates.  Hanauer focuses on the fact that businesses don’t “create jobs”; they fill jobs in response to consumer demand. It is that demand that results in jobs and fuels the economy. Shoveling more cash at the wealthy is misguided and wasteful, he argues; raising taxes on the wealthy will benefit the true job creators, the middle class, and ultimately the rich themselves:

…I’ve never been a “job creator.” I can start a business based on a great idea, and initially hire dozens or hundreds of people. But if no one can afford to buy what I have to sell, my business will soon fail and all those jobs will evaporate.

That’s why I can say with confidence that rich people don’t create jobs, nor do businesses, large or small. What does lead to more employment is the feedback loop between customers and businesses. And only consumers can set in motion a virtuous cycle that allows companies to survive and thrive and business owners to hire. An ordinary middle-class consumer is far more of a job creator than I ever have been or ever will be.

…That’s why our current policies are so upside down. When the American middle class defends a tax system in which the lion’s share of benefits accrues to the richest, all in the name of job creation, all that happens is that the rich get richer.

… It is mathematically impossible to invest enough in our economy and our country to sustain the middle class (our customers) without taxing the top 1 percent at reasonable levels again. Shifting the burden from the 99 percent to the 1 percent is the surest and best way to get our consumer-based economy rolling again.

…We’ve had it backward for the last 30 years. Rich businesspeople like me don’t create jobs. Middle-class consumers do, and when they thrive, U.S. businesses grow and profit. That’s why taxing the rich to pay for investments that benefit all is a great deal for both the middle class and the rich.

So let’s give a break to the true job creators. Let’s tax the rich like we once did and use that money to spur growth by putting purchasing power back in the hands of the middle class. And let’s remember that capitalists without customers are out of business.

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Federal Welfare to Corporations Selling Fossil Energies

Has Washington sold us out to utility corporation lobbyists? – – http://thinkprogress.org/green/2011/11/07/363018/corporate-welfare-for-energy-companies-means-we-paid-24-billion-in-taxes-to-them/

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Off the Grid – Easy and Better for Many

     We have waited many years for clean, cost-effective solutions in producing energy.   We need solutions to replace oil, coal, gas and nuclear as much as possible.  These solutions would help the USA and the world, strategically improving economies and security by circumventing oil, coal, gas and nuclear energy problems.  We would need far less defense of oil fields, pipelines, mines, shipping lanes, radiation controls.  Our very expensive and over-extended military could be brought home.  A good solution would also stop some of our cultural and economic movement to big, centrally controlled solutions offered by big corporations that are “too big to fail.”   These corporations are so big they criminally overcharge consumers then stand in line for subsidies and bailouts to enrich unethical executives for unconcerned shareholders. What I would like to see is a simple, safe, economical approach to energy production. I would like to see a solution that incorporates decentralized energy production of electricity for most of our country’s needs, a big step for our country’s security. Energy production should be available to anyone to use, give to neighbors or sell to energy companies. I believe a small component system for electricity production could be designed to provide this kind of better solution.

What this country needs is an energy revolution. We do not need another decade of war over fossil fuels. We do not need corporate price-fixing, subsidies, gross profiteering, tax dodging. What we need is a home-based 12-volt Direct Current electrical generation and storage system capable of running appliances and powering cars used by families. The system should be as low-cost, low-tech, low maintenance and safe as possible. It should be based on a simple direct current circuits, wire, amp-meter, voltage regulator, alternator or generator. It should be easily assembled, stored, shipped, displayed, retailed, purchased, installed, and serviced. It should draw energy from a flexible array of sources including any or all of the following: photovoltaic, thermovoltaic, wind and kinetic generation. Available components should include windmill, solar panel with mirror, thermovoltaic with mirror, windmill, and a belt or chain driven generator. The kinetic generator components should use a large mass lifted against gravity to store kinetic energy from other sources for low-light, low-heat or low-wind weather conditions. Another kinetic method could employ a large spring.  When batteries run low, the huge mass or spring would be released by electric switch to lower slowly on cables, chain or gears to drive a generator. The mass could be composed of any combination of cheap materials including rubble or collected rain water. The mass would be suspended in a sturdy, short, cheaply constructed tower shaped frame, garage or shed.  The spring could be housed indoors or outdoors.

Then with a large mass or spring driven kinetic generator, electricity could be produced as needed.  The mass could be lifted again simply with exercise machines, wind, solar,  or by a jack that an automobile can drive over or a person could walk over.  Yes, electric companies would have to be dealt with as well as city and county codes, but this is a much better solution for all the right reasons.

It Costs to Work in America

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.

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Remember This From Michael Moore

Michael Moore said something that we should not forget about our economy.  And we should prepare to call in loans made to corporations and prosecute criminal corporatists for return of huge sums.  See the video at this link.   – – http://www.michaelmoore.com/words/mike-friends-blog/america-is-not-broke

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