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Unf*cking Flashback: Corporate (Ir)Responsibility: Parts One and Two.
Description
Silly season is in full swing so politicians take center stage. But it's important to remember who really pulls the strings and runs the show. This week is an overdue flashback to our Corporate (Ir)Responsibility episodes that have been combined for the first time by the great Manny Faces for your listening pleasure. It's a good refresh on the bad actors that came together to rig the system. We'll be back next week with more original content as we plug away at the border crisis and other pressing issues. For now, enjoy!
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Resources
HBR: Why Are Companies Sitting on So Much Cash?
The Atlantic: When the Top U.S. Tax Rate was 70 Percent—or Higher
Bloomberg Tax: 10 Steps States Should Take to End Corporate Giveaways
Politico: Actually, it was Democrats who killed the 70 percent tax
Foreign Policy: To Pay for the Pandemic, Dry Out the Tax Havens
Tax Policy Center: What is the TCJA repatriation tax and how does it work
Tax Justice Network: Financial Secrecy Index - 2020 Results
OCCRP: Giant Leak of Offshore Financial Records Exposes Global Array of Crime and Corruption
Tax Foundation: How Much Revenue Would a 70% Top Tax Rate Raise? An Initial Analysis
FRED: Unemployment Rate
Trading Economics: Corporate Tax Rate in the United States remained unchanged at 21 percent in 2021 from 21 percent in 2020
BLS: Inheritances and the Distribution of Wealth, Or Whatever Happened to the Great Inheritance Boom?
Tax Foundation: Corporate Tax Rates around the World, 2020
Road & Track: Yes, The Chevrolet Corvair Really Was a Handful to Drive
Book Love
Matt Taibbi: Griftopia: A Story of Bankers, Politicians, and the Most Audacious Power Grab in American History
Jane Mayer: Dark Money: The Hidden History of the Billionaires Behind the Rise of the Radical Right
Zachary D. Carter: The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes
Pod Love
Useful Idiots: David Sirota on the SALT Tax Cap, Plus: Is Biden Really the new FDR?
Best of The Left: #