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The Bonus You Didn’t Get & The "Careless" Tax Flaw Hitting Transport Workers

Season 7 Episode 83 Published 1 month ago
Description
Segment 1: The Corporate Welfare Problem

Sarah Anderson, Global Economy Director at the Institute for Policy Studies, joins us to break down a staggering new report on America’s 20 largest low-wage employers. While companies like Walmart, Amazon, and Home Depot report record profits and spend billions on stock buybacks, their median worker pay often falls below the threshold for Medicaid and SNAP.

Key Discussion Points:

  • The Buyback Betrayal: How Home Depot could have given every employee a $15,000 annual bonus with the money they spent on stock buybacks.

  • Public Subsidies for Poverty Wages: Why taxpayers are effectively picking up the tab for corporate executives’ ultra-wealth.

  • The Policy Solution: Success stories from Portland’s CEO pay-ratio tax and the movement to bring it to LA and San Francisco.

Segment 2: Transportation Workers Under Fire

Greg Regan, President of the Transportation Trades Department (AFL-CIO), returns for his monthly update on the legislative battles in D.C. From "clumsy" bill drafting to the ongoing struggle for TSA dignity, transportation workers are facing a multi-front war.

Key Discussion Points:

  • The Overtime Tax Flaw: Why workers covered by the Railway Labor Act are currently excluded from a $25,000 overtime tax deduction—and the coalition of 24 unions fighting to fix it.

  • Second-Class Federal Employees: The urgent need for the TSA Workforce Rights Act to give TSOs the same Title 5 protections as their DHS colleagues.

  • The Jones Act Smoke Screen: Why the administration’s Jones Act waiver is "political theater" that won't actually lower your gas prices.

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