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One Chart Shows How the Tax Burden has Shifted from Corporations to the Working Class

By on Oct 25, 2016 in Capitalism, Class, Economics, Politics |

  Just wanted to drop in here and share this astounding chart from yesterday’s “Hour One” of The Young Turks show. They shared this while building an argument against the Washington establishment consensus that budget proposals should be revenue neutral. As reported in Huffington Post, But from the perspective of the [Elizabeth] Warren wing of the party, corporations pay far too little as it is, so making any plan revenue neutral is a loser. Before companies managed to start gaming the system, Warren noted, three out of every ten dollars of federal revenue came from corporate taxes, today it’s only one in ten. Then he dropped this chart that shows how the tax burden in this country has shifted from corporations to the working class. Social insurance and retirement includes the Payroll tax, and it has tripled since 1952. Meanwhile corporate taxes are a third...

Cannabump

By on Jan 13, 2011 in All, Economics, Politics |

Cannabump – Noun. The economic boost provided to cultivators, confectioners, hydroponics peddlers, lawyers, accountants, lobbyists, etc. due to the expanding cannabis industry. via sendy Posted via email from Future is Fiction

The State of Things

By on Nov 10, 2010 in Economics | 1 comment

1. Yesterday at the BART station I overheard a guy say he was sacked. There were 2500 people in his department and they got rid of 2000 of them. 2. In the last week I have seen two people in my neighborhood sleeping in their cars 3. My sweetie works in a school. I taught him to play a game that only requires a wall clock but none of the rooms where he works has working clocks 4. My sweetie teaches the kids computer lab. He had a kid recently seriously ask him how to get to "the game that makes a blank screen you can write with." He had another child who did not know what the space bar was for. The budget cuts continue.  Posted via email from Future is...

Some Predictions About Books By Way of Some Predictions About Music

By on Jul 10, 2010 in Books, Writing, Publishing, Capitalism, Economics, Gotta Hear This Music, Publishing:, Tech, Writers |

There’s been a lot of talk lately about the “future of publishing.” After all, books have never had as much cash to spare as the recording industry, and look at the mess they’re in. Already it is not so difficult for a self-published manuscript to sell itself on Amazon.com. What will happen when everything goes digital? The suggestion is that there will be an opening of the gates, and the latest best-seller will stand on the same virtual shelf with thirty self-published manuscripts. The optimists claim that this is where the great unpublished books will be discovered and pessimists point to the unleashed masses of poorly thought-out, half-written tomes filled with spelling errors. But it doesn’t matter if fantastic self-published books are available if they’re drowned out by countless other books vying for the consumer’s attention. I’m...

We Burn Books

By on Jan 11, 2010 in Books, Writing, Publishing, Capitalism, Culture, Economics, Publishing:, Writers | 2 comments

Burning the library in slow motion: how copyright extension has banished millions of books to the scrapheap of history Boing Boing. I came across this nice article by Cory Doctorow on Boing Boing wherein he makes some interesting points on how current copyright laws have censored the majority of books. the legal changes introduced in the years after Fahrenheit 451 did more than just extend terms. Congress eliminated the benign practice of the renewal requirement (which had guaranteed that 85% of works and 93% of books entered the public domain after 28 years because the authors and publishers simply didn’t want or need a second copyright term.) And copyright, which had been an opt-in system (you had to comply with some very minor formalities to get a copyright) became an opt out system (you got a copyright automatically when you “fixed” the work in material form,...

How a Raging Youth Becomes a Middle-Class Arm-chair Revolutionary

By on Mar 29, 2008 in Economics |

It’s hard when you are nineteen or twenty-year old radical to understand how older lefties “settle down” and get pulled into the system. You swear that will never happen to you. But the system has many ways of wrapping around you, like the vines that suffocated Sleeping Beauties castle. One of these ways is home-ownership. An absolute radical would never pay rent. They would find an abandoned building and fix it up and make it home. When the supposed “owners” come to kick you out you would wage a battle of wills and ideas. You would point out that as you are actually using and improving the land, it is truly yours, regardless of whatever piece of paper they carry that grants them the right to leave it abandoned. You would refuse to pay rent to any person because as soon as we agree that the land under your feet belongs to someone else you become a slave....