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Sunday, January 21, 2018

With Massive Tax Breaks, Corporate Chiefs Are Behaving Like Con Men

Apple CEO Tim Cook announced this week that the company would repatriate $252 billion, give or take a few billion, then create some American jobs and invest in America – for a change.

This is a result of the massive tax cut Congressional Republicans awarded corporations like Apple that were hoarding trillions in profits overseas.

Corporate lobbyists told Congress to lower the tax rate on those overseas caches or companies like Apple wouldn’t pay a cent of the taxes they owed on those profits. Congress complied. That is highly productive corporate extortion.

As a result, Apple’s announcement that it would invest some of the repatriated profits in U.S.…

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Energy Department Threatens Whistleblower Who Exposed Secret Coal Scheming

A whistleblower leaked a photograph of a private meeting between Energy Secretary Rick Perry and a coal baron who’s also a major Republican donor. Now he’s being threatened.

 Photographer Simon Edelman used to work for the Department of Energy, headed by former Texas governor and failed presidential candidate Rick Perry.

But then Edelman leaked photographs of a secret meeting between Perry and Robert E. Murray, the owner of a major coal mining operation, and a longtime Republican donor and supporter of Donald Trump. The pictures show Perry and Murray embracing and exchanging an “action plan” drafted by Murray — essentially, a list Murray’s list of demands for changes to policy and regulations he wanted that would benefit the coal industry.



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