The U.S. Department of Labor just proposed raising the overtime threshold – what you can be paid and still qualify to be paid “time-and-a-half” beyond 40 hours per week – from $23,600 a year to $50,400. This is a big deal. Some 5 million workers will get a raise (see video). Business lobbies are already hollering this … Continue reading »
Robert Reich
Three lies about the need to lower corporate taxes
Instead of spending August on the beach, corporate lobbyists are readying arguments for when Congress returns in September about why corporate taxes should be lowered. But they’re lies. You need to know why so you can spread the truth. Lie #1: U.S. corporate tax rates are higher than the tax rates of other big economies. … Continue reading »