Friday, December 29, 2017

Tax The Oligarchs

Tax Cuts for the Oligarchs
by Duane Campbell 

The oligarchs in charge of the Republican Party have won the tax battle nationally. Now, the next step is our response.  California has long been cited as the 6th. or 7 th largest economy in the world. We should act upon this reality.
The oligarchs will cut the corporate tax from about 35% to near 21%.   California should raise its corporate tax ( franchise tax)  from 1.5% to 10%.
The oligarchs will eliminate the Estate Tax.
California should establish an estate tax of about 10% on estates larger than $5 million.  They will still get more of a tax cut than you or I get.  California  should recapture the money that the oligarchs are giving themselves in this looting of the economy.

 But, won’t these taxes place the state at a competitive disadvantage ?  Yes, the Republican tax victory forces states into a race to the bottom. We should try to avoid joining this race.

States already have significant differences in tax structures.  For example, Texas has a very high property tax and no state income tax.  And, it has a petroleum extraction tax that taxes all oil taken from the ground on the radical theory that natural resources belong to us all.
So, if California raised taxes on corporations and estates, we too would have differences in tax structures.
In a couple of years when the economy adjusts to the corporate give away we should then re-consider these California tax rates.

What should we do with all this money ?
Health care for all, feed the children, combat homelessness and build a better society. I am confident that readers know additional places where funds are desperately needed.

We should seek candidates for state office that are willing to tax the oligarchs. 

Dr. Duane E. Campbell
Member.  Democratic Socialists of America

A Path to Power for the American Left | The Indypendent

A Path to Power for the American Left | The Indypendent

William Barber and the Poor People's Campaign.

America Is Not Yet Lost - The New York Times

America Is Not Yet Lost - The New York Times


Tuesday, December 19, 2017

Homeless Memorial Service

Who Is Congress Serving- The Tax Bill

By Elizabeth Warren and Bernie Sanders
Dec. 17, 2017

WASHINGTON — Over the past year, Republicans have made their priorities clear. Their effort to repeal Obamacare would have left tens of millions of people without health insurance. Now Mitch McConnell, the Senate majority leader, wants to ram through an enormous tax giveaway to the wealthy before seating Doug Jones, Alabama’s newly elected Democratic senator.

The Republican agenda on health care and taxes may be popular with wealthy campaign donors, but it is widely disliked by the American people. It’s no wonder why. Despite a booming stock market and record corporate profits, workers in this country are being squeezed by flat wages, soaring household expenses and declining savings. They want Washington to start working for them and to spend tax dollars investing in our future — not bankrupting it.

With a government funding deadline looming on Friday, congressional Republicans face a choice. Will they spend this week just trying to deliver partisan tax breaks for the rich? Or will they work with Democrats to pass a budget that supports working people?

Tuesday, December 12, 2017

Doug Jones Wins in Alabama- Trump Defeated

Tonight Alabama is sending a powerful message across the country.

The American people will fight back against bigotry, hate and, yes, pedophilia – and reject a man totally unfit to serve in the United States Senate. Republican, Democrat, Independent, Libertarian, Vegetarian – on this, there will be no compromise.

But if we take away one more lesson from Alabama, it should be this: Democrats can win – in every district, in every state, all across the country. So we need to fight harder than ever to recruit, support, and elect progressive candidates and compete in every election. The Roy Moores of the world aren’t going to go away, and we won’t win every fight. But sometimes, we will.

That’s why I’m doubling down on our fight to elect Democrats through our PAC for a Level Playing Field. Our PAC helps give smart, tough candidates across the country the resources they need to take on right-wing extremists and get in this fight for working families.

Once a Long Shot, Democrat Doug Jones Wins Alabama Senate Race - The New York Times

Once a Long Shot, Democrat Doug Jones Wins Alabama Senate Race - The New York Times

Tuesday, December 5, 2017

Sanders: Tax Bill Two Step

Bernie Sanders,
I believe that historians will look back at the early morning hours of Dec. 2, 2017, and conclude that it was one of the great acts of thievery in the history of the United States.
Let me be very clear about what is happening here. It is an extraordinarily cynical "two-step" process. First, Republicans are looting the Treasury. They are stealing trillions of dollars from the American people in order to give huge tax breaks to billionaires and large corporations. Second, as their tax breaks increase the deficit by $1.4 trillion, they will come back and, in the name of "deficit reduction," propose major cuts to Social Security, Medicare, Medicaid, education, nutrition, affordable housing and other programs desperately needed by the shrinking middle class. 
This is class warfare, led by the Koch brothers and other wealthy Republican campaign contributors. More for the rich. Less for working families. Our job now is to stand up and fight back.
That is why last weekend I spoke to large crowds in Louisville, Kentucky, Dayton and Akron, Ohio, and Reading, Pennsylvania. Over 5,000 people took time out of their weekend to attend these high energy meetings in person and almost one million watched on-line. At these rallies activists heard not only from me, but from working people, DREAMers, nurses, Planned Parenthood patients and others about how this tax bill would negatively impact them, their kids, their parents and the future of our country.
Everyone made it absolutely clear that we need to keep fighting against this disastrous piece of legislation and not stop until we defeat it.

Sunday, December 3, 2017

GOP Agenda is the politics of Plunder, and guess who pays?

Sasha Abramsky
A year into the Trump administration, we are seeing the plutocrat’s agenda. President Donald Trump’s semi-literate tweets and crude rhetoric may be populist in tone, but this most assuredly isn’t a populist presidency. 
In fact, his feints toward populism are a grotesque con, a giant distraction that entertains Trump’s base while he takes a wrecking ball to social services, to redistributive taxation, and to regulations designed to monitor workplaces and secure safe environments. 
Whatever his supporters envisioned, this is the most elite-friendly administration in decades, possibly in centuries. It is an administration the top positions of which are stuffed with millionaires and billionaires who have gone out of their way to penalize those who have little. And it is eye-opening to count the ways. 

Saturday, December 2, 2017

Poor People's Campaign

50 years ago, on December 4, 1967, the Rev Dr. Martin Luther King Jr. announced plans for a Poor People’s Campaign and called on the nation to take dramatic steps to end poverty and combat inequality. This multi-racial organizing effort and the dream of a fairer nation was assassinated along with Dr. King four months later to the day, on April 4, 1968.

We Are Here: A Poor People's Campaign Call for Moral Revival
Join us Monday, December 4th at 10 AM in Sacramento, the California contingent of the Poor People's Campaign will launch its operation in California .
We will gather at the NORTH Steps of the Capitol, not the West steps.

Nearly half of the US population is poor or low-income and 1 in 7 people live below the federal poverty line. Half of all children will qualify for food stamps before they turn 18, including 9 out of 10 African Americans. Millions live with the consequences of inadequate healthcare, housing, food, education, and employment, and with criminal justice and immigration systems that discriminate against people of color, perpetuate racial, ethnic and gender oppression, and penalize poor people, denying millions access to safety, equality and justice. 

For more info about the Poor People's Campaign Call for Moral Revival please visit:

Anthony D. Prince, Co-Chair, California Poor Peoples Campaign: National Call for Moral Revival