How to Steal from the Taxpayers While Blaming the Poor
It's a vicious circle of hypocrisy: Americans dependent on the safety net are urged to "get a job" by the same free-market system that pays them too little to avoid being dependent on the safety net.
Theft, Part 1: The Average U.S. Household Pays About $400 for Safety Net Programs for Low-Wage Workers
According to the Economic Policy Institute, $45 billion per year in federal, state, and other safety net support is paid to workers in the bottom 20 percent of wage earners. Thus the average U.S. household is paying almost $400 to employees in low-wage industries such as food service, retail, and personal care.
Blame: Accusing the Poor
Paul Ryan said that social programs "turn the safety net into a hammock that lulls able-bodied people to lives of dependency and complacency." But 63 percent of eligible working-age poor Americans are employed, and 73 percent are members of working families. Yet in a show of hypocrisy by some of the leading safety net critics, Congress has killed or blocked or ignored numerous attempts to create better jobs for underemployed Americans.
Greed: Profits for Stockholders, Poverty Wages for Workers
A Demos study found that raising wages to $25,000 per year (about $12.50 per hour) for full-time retail workers would lift 734,075 people out of poverty.
It would probably help a lot more. An analysis of Bureau of Labor Statistics data reveals that about 22 million workers are underpaid (about a sixth of the total), over half of them in food service, cashiering, personal care, and housekeeping.
Paying everyone $12.50 (assuming full-time) would cost an extra $80 billion. That's about 3 percent of total 2014 corporate profits. Three percent, compared to the 95 percent spent by S&P 500 companies on investor-enriching stock buybacks and dividend payouts.
Outrage: The Walmart Numbers
About two-thirds of low-wage workers are employed by large corporations with over 100 employees. The very worst offender is probably Walmart, which pays its estimated 1.4 million U.S. employees so little that the average Walmart worker depends on about $4,400 per year in taxpayer assistance, for food stamps and other safety net programs.
As Walmart was depending on us, the taxpayers, to pay $4,400 a year to each of its employees, the company was spending the equivalent of $5,000 per U.S. employee for price-boosting stock buybacks.
Theft, Part 2: More Taxpayer Money for the Big Corporations
Corporate tax avoidance costs us anywhere from $870 to $1,600 per family.
Incredibly, even though every hour worked by an IRS auditor uncovers over $9,000 in misreported tax dollars among large corporations, IRS auditing for those firms has been cut back by one-third. Meanwhile, communities around the nation are relying on regressive property and sales taxes to make up the difference.
This is a second theft from the taxpayers, executed quietly for the benefit of the most powerful corporations, as poor Americans continue to get blamed for being poor.
We are at a crossroads
This country and this world are at a monumental crossroads. In a few short weeks, US voters will have an opportunity to beat back the forces of fascism and confront the billionaires who are rigging the economy, our media system, and our democracy, making it increasingly impossible for ordinary people to get by. We’re not just talking about the election. We’re talking about what must be done once these fascist elements are vanquished from power. We need a bolder set of solutions than what either major party has so far been willing to offer and a working-class movement ready to fight like hell for it. Trump didn't emerge from nowhere. The conditions that fueled MAGA authoritarianism were created by decades of radical neoliberal economic policies and a corrupt political system dominated by corporate interests. They slashed taxes on the super-rich, promising that the benefits would trickle down. They said giveaways to the corporate titans would make life more affordable for the rest of us. It was all bullshit. And when a bitter, betrayed populace searches for someone to blame, right-wing demagogues have little trouble finding scapegoats. People know when they're being lied to, but you won't hear any of this from the corporate media. Only independent journalism—powered and funded by people who believe in building a better world—can deliver truly trustworthy daily news. Our Fall Campaign is underway, and we need your help. To power our newsroom through the rest of the year, we need to raise $125,000 by midnight on October 31. So if you share our vision, please contribute whatever you can to sustain our work. |
It's a vicious circle of hypocrisy: Americans dependent on the safety net are urged to "get a job" by the same free-market system that pays them too little to avoid being dependent on the safety net.
Theft, Part 1: The Average U.S. Household Pays About $400 for Safety Net Programs for Low-Wage Workers
According to the Economic Policy Institute, $45 billion per year in federal, state, and other safety net support is paid to workers in the bottom 20 percent of wage earners. Thus the average U.S. household is paying almost $400 to employees in low-wage industries such as food service, retail, and personal care.
Blame: Accusing the Poor
Paul Ryan said that social programs "turn the safety net into a hammock that lulls able-bodied people to lives of dependency and complacency." But 63 percent of eligible working-age poor Americans are employed, and 73 percent are members of working families. Yet in a show of hypocrisy by some of the leading safety net critics, Congress has killed or blocked or ignored numerous attempts to create better jobs for underemployed Americans.
Greed: Profits for Stockholders, Poverty Wages for Workers
A Demos study found that raising wages to $25,000 per year (about $12.50 per hour) for full-time retail workers would lift 734,075 people out of poverty.
It would probably help a lot more. An analysis of Bureau of Labor Statistics data reveals that about 22 million workers are underpaid (about a sixth of the total), over half of them in food service, cashiering, personal care, and housekeeping.
Paying everyone $12.50 (assuming full-time) would cost an extra $80 billion. That's about 3 percent of total 2014 corporate profits. Three percent, compared to the 95 percent spent by S&P 500 companies on investor-enriching stock buybacks and dividend payouts.
Outrage: The Walmart Numbers
About two-thirds of low-wage workers are employed by large corporations with over 100 employees. The very worst offender is probably Walmart, which pays its estimated 1.4 million U.S. employees so little that the average Walmart worker depends on about $4,400 per year in taxpayer assistance, for food stamps and other safety net programs.
As Walmart was depending on us, the taxpayers, to pay $4,400 a year to each of its employees, the company was spending the equivalent of $5,000 per U.S. employee for price-boosting stock buybacks.
Theft, Part 2: More Taxpayer Money for the Big Corporations
Corporate tax avoidance costs us anywhere from $870 to $1,600 per family.
Incredibly, even though every hour worked by an IRS auditor uncovers over $9,000 in misreported tax dollars among large corporations, IRS auditing for those firms has been cut back by one-third. Meanwhile, communities around the nation are relying on regressive property and sales taxes to make up the difference.
This is a second theft from the taxpayers, executed quietly for the benefit of the most powerful corporations, as poor Americans continue to get blamed for being poor.
It's a vicious circle of hypocrisy: Americans dependent on the safety net are urged to "get a job" by the same free-market system that pays them too little to avoid being dependent on the safety net.
Theft, Part 1: The Average U.S. Household Pays About $400 for Safety Net Programs for Low-Wage Workers
According to the Economic Policy Institute, $45 billion per year in federal, state, and other safety net support is paid to workers in the bottom 20 percent of wage earners. Thus the average U.S. household is paying almost $400 to employees in low-wage industries such as food service, retail, and personal care.
Blame: Accusing the Poor
Paul Ryan said that social programs "turn the safety net into a hammock that lulls able-bodied people to lives of dependency and complacency." But 63 percent of eligible working-age poor Americans are employed, and 73 percent are members of working families. Yet in a show of hypocrisy by some of the leading safety net critics, Congress has killed or blocked or ignored numerous attempts to create better jobs for underemployed Americans.
Greed: Profits for Stockholders, Poverty Wages for Workers
A Demos study found that raising wages to $25,000 per year (about $12.50 per hour) for full-time retail workers would lift 734,075 people out of poverty.
It would probably help a lot more. An analysis of Bureau of Labor Statistics data reveals that about 22 million workers are underpaid (about a sixth of the total), over half of them in food service, cashiering, personal care, and housekeeping.
Paying everyone $12.50 (assuming full-time) would cost an extra $80 billion. That's about 3 percent of total 2014 corporate profits. Three percent, compared to the 95 percent spent by S&P 500 companies on investor-enriching stock buybacks and dividend payouts.
Outrage: The Walmart Numbers
About two-thirds of low-wage workers are employed by large corporations with over 100 employees. The very worst offender is probably Walmart, which pays its estimated 1.4 million U.S. employees so little that the average Walmart worker depends on about $4,400 per year in taxpayer assistance, for food stamps and other safety net programs.
As Walmart was depending on us, the taxpayers, to pay $4,400 a year to each of its employees, the company was spending the equivalent of $5,000 per U.S. employee for price-boosting stock buybacks.
Theft, Part 2: More Taxpayer Money for the Big Corporations
Corporate tax avoidance costs us anywhere from $870 to $1,600 per family.
Incredibly, even though every hour worked by an IRS auditor uncovers over $9,000 in misreported tax dollars among large corporations, IRS auditing for those firms has been cut back by one-third. Meanwhile, communities around the nation are relying on regressive property and sales taxes to make up the difference.
This is a second theft from the taxpayers, executed quietly for the benefit of the most powerful corporations, as poor Americans continue to get blamed for being poor.