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Sarah Sch

Finance and Corruption in America - 2 views

www.corporatewelfare.org/...finance2.htm

money in politics finance corruption america

shared by Sarah Sch on 29 Sep 11 - No Cached
  • The benefits big business receives for their donations to political parties are endless. Not only can a corporation get tax cuts, they can get negative tax rates. This means, not only do they pay zero dollars in taxes , but they also get additional profits at tax time. "Texaco, for example, received a tax rebate of $67.76 million, which meant that it paid taxes at a rate of negative 37.2 percent..." (Washington Post, October 20, 2000)
  • Sarah Sch on 29 Sep 11
     
    This article from corporate welfare discusses corruption in America and cites some incidents that demonstrate how money affects American politics. Some of the occurrences are typical of the corruption described in "Fast Food Nation", however there is also other stunning information. The excerpt above tells of how Texaco receives money from the government when it files taxes. Texaco receives money that is in the tens of millions of dollars while the lower class typically pays thousands of dollars in overall taxes per household. This article is helpful in an essay citing how big businesses benefit from corruption.
Willie C

The Simple Dollar » Review: Nickel and Dimed - 1 views

www.thesimpledollar.com/...review-nickel-and-dimed

nickel and dimed treatment of the worker workers poor

shared by Willie C on 03 Oct 11 - No Cached
  • Willie C on 03 Oct 11
     
    "Another aspect of this general problem is "injury of the spirit;" in other words, when the reward to excel is minimal, why bother trying to excel?"
  • ...2 more comments...
  • Willie C on 03 Oct 11
     
    This quote is from a personal finance site that reviewed the book. It brings up interesting topics that show a different incite, like when the workers are not compensated for doing an outstanding job rather than a minimalist one, they have no desire to continue to excel.
  • Connor P on 03 Oct 11
     
    I agree with you Willie. I feel like this is true and it promotes the anger in the people that causes them to rise up
  • Evan G on 04 Oct 11
     
    You make a good statement; often workers feel compelled to just give up and surrender to the companies. And honestly, who could blame them? You work 16 hours in a day and sleep the rest. You're tired, sleep deprived, hungry, in constant stress. You live only to work, and you work just to live. What is the point of life? Like honestly the condition these people live in just sucks.
  • Vivas T on 04 Oct 11
     
    I agree with all of you and the quote depicts why businesses promote the hiring of uneducated workers because they will work for less and perform at the same speed as a normal worker since there is no reward for excelling.
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