Tag: Big Business

Michigan AG Bill Schuette’s crusade against pollution regulation part of a corporate-funded (and Trump-funded) effort

Michigan AG Bill Schuette’s crusade against pollution regulation part of a corporate-funded (and Trump-funded) effort

A new report out by the Center for Media and Democracy (CMD) shows how Big Energy corporations paid huge sums of money in the form of political donations for up-close-and-personal access to America’s Republican Attorneys General. These AGs, whose job is to advocate for and protect the citizens of their state from crime and corruption, are prime targets of lobbyists […]

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Michigan GOP continues to do the bidding of major utility companies, may slash tax credit for home solar installations

Michigan GOP continues to do the bidding of major utility companies, may slash tax credit for home solar installations

Michigan Republicans have long been known for as being ultra-friendly to our major utility companies. The most recent evidence of that comes from legislation that will end what’s known as “net metering”. With net metering, homeowners who install solar installations that produce more energy than they use can send the bonus electricity back to the grid and receive a credit […]

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Michigan Big Energy firms working together to steer legislation to fatten their profit statements

Michigan Big Energy firms working together to steer legislation to fatten their profit statements

If you listen to DTE Energy and Consumers Energy tell the story, Michigan is perched on the precipice of an impending energy crisis of epic proportions. New ads running television – over 400 in the past two months – tell us that, thanks to federal regulations, many of our coal-fired power plants will be shut down. The result, they suggest, […]

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Corporate profits have soared while wages plummet – a story in two graphs

Corporate profits have soared while wages plummet – a story in two graphs

The rich are getting richer BECAUSE the poor are getting poorer

As we munch popcorn and watch the Republicans in their death match with President Obama over the fiscal speed bump and whether or not our economy will tumble to the ground if we raise taxes on the super-rich by 3.9%, a big part of the rhetoric we hear from the GOP is that this is a tax on business owners. Besides the fact that this is largely untrue and that in the small percentage of businesses affected, it only raises taxes on their income OVER $250,000 year, the fact is that our country’s economy is largely driven by large corporations and the contribution to Gross Domestic Product (GDP) by small businesses is shrinking.

Big businesses, as it turns out, are doing just fine. Workers’ wages, on the other hand? Not so much.

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