Taxes

Show Details for the week of August 14th, 2017

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On The Monitor this week:

  • Interfering in Venezuela while accusing Russia of interfering here – Dan Kovalik
  • Understanding Brexit, Trump, and Austerity – Mark Blyth

More about this week’s guests:

71hufpekhxl-_ux250_Dan Kovalik teaches international human rights at the University of Pittsburgh School of Law. He is Senior Associate General Counsel of the United Steelworkers, AFL-CIO (USW). He has worked for the USW since graduating from Columbia Law School in 1993. While with the USW, he has served as lead counsel on cutting-edge labor law litigation, including the landmark NLRB cases of Lamons Gasket and Specialty Health Care. He has also worked on Alien Tort Claims Act cases against The Coca-Cola Company, Drummond and Occidental Petroleum – cases arising out of egregious human rights abuses in Colombia. The Christian Science Monitor, referring to his work defending Colombian unionists under threat of assassination, recently described Mr. Kovalik as “one of the most prominent defenders of Colombian workers in the United States.” Mr. Kovalik received the David W. Mills Mentoring Fellowship from Stanford University School of Law and was the recipient of the Project Censored Award for his article exposing the unprecedented killing of trade unionists in Colombia. He has written extensively on the issue of international human rights and U.S. foreign policy for the Huffington Post and Counterpunch and has lectured throughout the world on these subjects. He is also the author of The Plot to Scapegoat Russia: How the CIA and the Deep State Have Conspired to Vilify Russia. He was recently in Venezuela and contrasts focusing on any possible allegation regarding Russian interference in the 2016 U.S. election, while the U.S. government is openly getting away with interfering in Venezuela and elsewhere.

blythMark Blyth is a political economist whose research focuses upon how uncertainty and randomness impact complex systems, particularly economic systems, and why people continue to believe stupid economic ideas despite buckets of evidence to the contrary. He is the author of “Capitalism in Crisis: What Went Wrong and What Comes Next” Foreign Affairs, Summer 2016, “Ideas and Historical Institutionalism.” Contribution to the Oxford Handbook of Historical Institutionalism (New York: Oxford University Press 2016) With Oddny Helgadottir and William Kring, “The New Ideas Scholarship in the Mirror of Historical Institutionalism: A Case of Old Whines in New Bottles?” European Journal of Public Policy, December 2015, “Just Who Put You in Charge? We Did: Credit Rating Agencies and the Politics of Ratings,” chapter for Alexander Cooley (ed.), Rankings and Ratings Organizations and Global Governance (Cambridge University Press 2015) (with Rawi Abdelal), The Future of the Euro ((co-editor with Matthias Matthijs) New York: Oxford University Press 2015).

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Show Details for the week of August 22nd, 2016

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On The Monitor this week:
  • On the Cynicism of the Clinton Foundation with Ken Silverstein
  • On America’s Racial Wealth Divide with Josh Hoxie
More about this week’s guests:
ken-silverstein-675Ken Silverstein is a Washington, D.C. based investigative reporter. He wrote the piece “Shaky Foundations: The Clintons’ so-called charitable enterprise has served as a vehicle to launder money and to enrich family friends” for Harper’s Magazine. He just launched Washington Babylon, which features “shockingly true stories of political sleaze.” He is also a columnist for the New York Observer and a contributing editor to VICE. You can read his full bio here.
Quote: “This move by the Clinton Foundation is an acknowledgement that they shouldn’t have done it in the first place. Further, it’s outrageous that they are saying they won’t take foreign money — if Hillary Clinton wins. So, they will keep taking it if she loses — perhaps to facilitate Chelsea Clinton’s political career? This is clearly a totally cynical political move. If Hillary Clinton wins, which seems incredibly likely now, the Clinton Foundation would have served its purpose. It helped portray them as do-gooders while they used it to solidify their corrupt brand of politics on the country and enriched their cronies.”
Silverstein has reported: “It is beyond dispute that former President Clinton has been directly involved in helping foundation donors and his personal cronies get rich. Even worse, it is beyond dispute that these very same donors and the Clintons’ political allies have won the focused attention of presidential candidate Hillary Clinton when she served as Secretary of State. Democrats and Clinton apologists will write these accusations off as conspiracy mongering and right-wing propaganda, but it’s an open secret to anyone remotely familiar with accounting and regulatory requirements for charities that the financial records are deliberately misleading.”

josh-hoxieJosh Hoxie is the director of the Project on Opportunity and Taxation at the Institute for Policy Studies. Josh joined the Institute for Policy Studies in August 2014 heading up the Project on Opportunity and Taxation. Josh’s main focus is on addressing wealth inequality through the estate tax, a levy on the intergenerational transfer of immense wealth. Josh grew up on Cape Cod, Massachusetts and attained a BA in Political Science and Economics from St. Michael’s College in Colchester, Vermont.

Josh worked previously as a Legislative Aide for U.S. Senator Bernie Sanders of Vermont, the longest serving independent in Congressional history, both in his office in Washington, DC and on his successful 2012 re-election campaign.

According to a new report, it would take the average black family 228 years to accrue the same amount of wealth that white families have today. The report is called The Ever-Growing Gap: Failing to Address the Status Quo Will Drive the Racial Wealth Divide for Centuries to Come . Josh is one of the main authors. You can read analysis of the report here by Chuck Collins (senior scholar at the Institute for Policy Studies where he directs the Program on Inequality and the Common Good (www.inequality.org) and Dedrick Asante-Muhammed (director of the Racial Wealth Divide Initiative at the Corporation for Enterprise Development).

The report release coincided with the 2nd anniversary of the shooting death of Michael Brown by a Ferguson, MO. police officer, which spawned the Black Lives Matter movement and calls for racial justice across all segments of society. Here’s a summary of key findings within the report:

  • “If current federal wealth-building policies remain in place, it will take the average African-American family 228 years to amass the same amount of wealth that white families have today and it will take Latino families 84 years to reach that goal
  • “By 2043, when households of color will constitute a majority of the U.S. population, the racial wealth divide between white households and African- American and Latino households will have doubled from about $500,000 in 2013 to $1 million.
  • “The Forbes 400 will see their average wealth skyrocket to $48 billion by 2043—more than eight times the amount they hold today. During that same period, the average wealth for white families will increase by 84% to $1.2 million compared to $165,000 for Latino families (69% growth) and $108,000 for African-American households (27% growth).”

The Corporation for Enterprise Development and IPS call for a range of reforms to address the problem, including fixing an “upside down” tax system that currently doles out more than half a trillion dollars annually to help primarily wealthy households get wealthier, while providing almost nothing to lower-income households.

Show Details for the week of August 1st, 2016

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On The Monitor this week:

  • The DNC from the inside, and the outside, with Lenny Siegel
  • The Freak out over Brexit in the context of Interventions and Austerity, with Robin Hahnel

More about this week’s guests:

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Image Credit: Mountain View Voice

Lenny Siegel is a member of the Mountain View (CA) City Council and was a Bernie Sanders delegate at the Democratic National Convention. Siegel was a leader of the anti-war student movement at Stanford University from 1966 to 1975. He founded Mountain View Voices for Peace for both Iraq Wars. Since 1989, he’s become a national leader in the effort to clean up contaminated military bases. He ran for office three times before eventually winning. His term expires in 2019.

Quote: “The highlight of the evening for me came when former CIA Director Leon Panetta spoke. Other than honoring veterans, few speakers at the convention have addressed foreign policy. But Panetta was assigned to defend the Obama-Clinton policies of regime change and the war on terror, two terms they don’t use because they were associated with George W. Bush. To be honest, given what happened, I don’t remember exactly what he said, other than claiming credit for killing Osama bin Laden. I sat there quietly and sadly, holding up a hand-made sign I got from the fellow sitting next to me. It read, ‘End the drone wars.’ Democrats are quick to criticize Republican wars, but most are reluctant to challenge Democratic Commanders in Chief. I am not looking forward to four or eight more years of endless war. To my surprise, across the hall the Oregon delegation started chanting ‘No more war!’ Or maybe it was ‘wars.’ Our larger group quickly echoed them. I couldn’t tell if other delegates joined in. Before long, the masters of the house dimmed the lights shining on the Oregon delegation. We shouted ‘Lights, Lights …’ The Oregonians pulled out their smartphones and turned on their flashlight apps. It looked like a cosmic constellation. We shone ours, and I believe others were shining elsewhere in the arena.”

robin_hahnelRobin Hahnel is professor emeritus at the American University. He is best known as a radical economist and co-creator of a post-capitalist economic model known as “participatory economics.” His ten books include The Political Economy of Participatory Economics (Princeton University Press). He just wrote the piece “Brexit: Establishment Freak Out,” which states: “It is comical to watch the establishment on both sides of the Atlantic panic over short-run economic damage due to market ‘over reaction,’ because any danger of this is due to their own negligence. Only because the establishment has hitched our economic destinies to the whims of financial markets is there any need to worry that Brexit might trigger yet another global meltdown. Only because the establishment failed to implement prudent, financial regulation in the seven years since the last financial crisis crashed the global economy is there any danger today. Only because the Cameron government and the European Commission responded to the Great Recession with counterproductive fiscal austerity is a return to deeper recession in Europe quite probable. But we can be sure of one thing: All negative economic trends will now be blamed on Brexit and the populist ‘mob’ who brought it on, rather than on the establishment’s neoliberal policies which are actually responsible.” You can follow him on Twitter here: @RobinHahnel and you can read more examples of his work here:

Economic Growth, Climate Change, and Capitalism

Brexit: Establishment Freak Out

‘Told You So’ Is Bitter Sweet

Capitalist Cheating

An Open Letter to the Climate Justice Movement

Read more…

Show Details for the week of May 23rd, 2016

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KPFT is in Pledge Drive and this is your final chance to support The Monitor. The show has a goal of $650 for the hour. Please call 713.526.5738 during the show to pledge your support. You can also donate securely online at https://pledge.kpft.org/ Just select The Monitor from the list of shows and enter your details. Thank you!

This week we feature an interview with Mark Karlin during which we will discuss some of his recent articles and the importance of independent media.

More about this week’s guest:

markkarlin-0Mark Karlin is the editor of BuzzFlash at Truthout. He served as editor and publisher of BuzzFlash for 10 years before joining Truthout in 2010. BuzzFlash has won four Project Censored Awards. Karlin writes a commentary five days a week for BuzzFlash, as well as articles (ranging from the failed “war on drugs” to reviews relating to political art) for Truthout. He also interviews authors and filmmakers whose works are featured in Truthout’s Progressive Picks of the Week. Before linking with Truthout, Karlin conducted interviews with cultural figures, political progressives and innovative advocates on a weekly basis for 10 years. He authored many columns about the lies propagated to launch the Iraq War.

Some of his recent articles:

Thomas Frank: Bill Clinton’s Five Major Achievements Were Longstanding GOP Objectives

Co-Chair of 9/11 Task Force Wants Secret Saudi Involvement Document Released

Terrorism Is Profitable for US Weapons Manufacturers

Donald Trump Claims He Didn’t Know His Former Butler for Many Years and Current Pal Is a Rabid Racist, Misogynist and Islamophobic in the Most Vulgar Way

Thank you gifts!

You can still get a copy of Peter Van Buren’s We Meant Well: How I 51avkcm9n5l-_sx327_bo1204203200_Helped Lose the Battle for the Hearts and Minds of the Iraqi People by pledging $60 or more to support KPFT and The Monitor.

 

We also still have copies of Nation on the Take by Wendell Potter and Nick Penniman as a NationOnTheTakehirezthank you gift for your donation of $90 or more. This book exposes legalized corruption and links it to kitchen-table issues. We spoke to Wendell on the April 25th show so take a list to that for a preview of the book

Show Details for the week of May 16th, 2016

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KPFT is now in Pledge Drive! The Monitor needs your support to stay on the air. The show has a goal of $650 for the hour. Please call 713.526.5738 during the show to pledge your support. You can also donate securely online at https://pledge.kpft.org/ Just select The Monitor from the list of shows and enter your details. Thank you!

This week we are featuring an interview with Peter Van Buren, author of We Meant Well: How I 51avkcm9n5l-_sx327_bo1204203200_Helped Lose the Battle for the Hearts and Minds of the Iraqi People. This is “the first book recounting our misguided efforts to rebuild Iraq—a shocking and rollicking true-life cross between Catch-22, Dispatches and The Ugly American.” You can pick up a copy by pledging $60 or more to support KPFT and The Monitor. You can read a full chapter excerpt here

With conventions by both U.S. political parties coming up, we will also be discussing Peter’s recent article “Secret Service Handcuffs The First Amendment

More about this week’s guest:
Peter Van Buren, a 24-year veteran of the State Department, spent a year in Iraq. Following his book, We Meant Well: How I Helped Lose the Battle for the Hearts and Minds of the Iraqi People, the Department of State began proceedings against him. Through the efforts of the Government Accountability Project and the ACLU, Van Buren instead retired from the State Department on his own terms.

Peter’s commentary has been featured in The New York Times, Reuters, Salon, NPR, Al Jazeera, Huffington Post, The Nation, TomDispatch, Antiwar.com, American Conservative Magazine, Mother Jones, Michael Moore.com, Le Monde, Japan Times, Asia Times, The Guardian (UK), Daily Kos, Middle East Online, Guernica and others. He has appeared on the BBC World Service, NPR’s All Things Considered and Fresh Air, CurrentTV, HuffPo Live, RT, ITV, Britain’s Channel 4 Viewpoint, Dutch Television, CCTV, Voice of America, and more. His second book, Ghosts of Tom Joad, A Story of the #99Percent (2014) is fiction about the social and economic changes in America between WWII and the decline of the blue collar middle class in the 1980’s. You can read some of his recent work on The Nation website.

PLEASE NOTE! We still have copies of Nation on the Take by Wendell Potter and Nick Penniman as a NationOnTheTakehirezthank you gift for your donation of $90 or more. This book exposes legalized corruption and links it to kitchen-table issues. We spoke to Wendell on the April 25th show so take a list to that for a preview of the book

Show Details for the week of September 8th, 2014

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On The Monitor this week:

  • NATO: Part of Solution — Or Problem? An interview with David Gibbs
  • Burger King Tax Dodge – How Inversions Hurt Economies. An interview with James Henry

More about this week’s guests:

David Gibbs is professor of history and government at the University of Arizona. He has written extensively on NATO and is the author of First Do No Harm: Humanitarian Intervention and the Destruction of Yugoslavia

Quote:

“Foreign policy specialists have rightly condemned Russian intervention in the Ukraine, which has aggravated political divisions in that country. At the same time, we should recognize that the United States and NATO have also contributed to the destabilization. Russia’s actions are at least partly a response to policies adopted by the U.S. and NATO immediately following the Cold War.

“People often forget that post-Soviet Russia was at first highly cooperative with U.S. and Western policy, and they disbanded the Cold War era Warsaw Pact alliance. Russians assumed that in response the U.S. would gradually disband NATO, as a symmetrical action, or at the very least the U.S. would not expand NATO. Instead, the U.S. orchestrated NATO’s expansion, beginning in the late 1990s, incorporating several post-Soviet states. More recently, there has been open discussion of further expanding NATO, with possible membership for the Ukraine and Georgia. Russia views its interventions in the Ukraine as defensive actions, against NATO threats to its border security. NATO expansion must be viewed as a short-sighted action, one that was bound to provoke the Russians, and it laid the groundwork for the Ukraine’s civil war.”

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James Henry is former chief economist at the international consultancy firm McKinsey & Co. He is now senior fellow at the Columbia University Center for Sustainable International Investment and senior adviser with the Tax Justice Network, which earlier this year in their report “The Price of Offshore Revisited” estimated that total wealth in tax havens was between $21 trillion and 32 trillion dollars.Henry is featured in the film “We’re Not Broke,” which tells the story of U.S. corporations dodging billions of dollars in income tax and is available on Netflix.

Quote:

“You now have 100 major U.S. companies looking at ‘inversions’ like what Burger King is doing. This deal is a tax dodge by a Brazilian billionaire and other investors, it will hurt the U.S., Canada and such deals hurt virtually everyone else. These deals exposes domestic companies to competitors that are not paying substantial taxes. Contrary to some analysts, the Miami-based Burger King’ deal for Canada’s Hortons WOULD shift BK to Canada for tax purposes. BK is saying that that the deal would not ‘materially effect’ its effective U.S. tax rate of 27 percent, given that Canada’s ‘corp tax rate’ is ‘26.5 percent.'”Since Canada has a territorial corporate income tax it also does not benefit from this deal: the U.S. IRS will lose, but Canada is already not collecting any taxes on BK’s non-Canadian income. And it does lose yet another outstanding domestic company to rapacious global vultures.” See: “Tim’s + BK = $ for Canada right? …. Wrong! (in one table).”

Forbes writes: “The Burger King inversion deal is being driven by Jorge Paulo Lemann, Brazil’s richest man and co-founder of 3G Capital, the private equity firm that holds a majority stake in Burger King.” Says Henry: “I’ve met Lemann and he made his fortune in the Brazil privatization wave of the 1990s — it was like Russia’s disastrous privatizations, riddled with corruption. Brazil sold assets for $98 billion and gave $99 billion in tax benefits — they actually lost money on selling off assets. Now, Lemann goes around like some business genius, but he’s just a scam artist. It’s not business, it’s tax dodging. Brazil’s tax system, inspite of recent presumably progressive administrations, has a very regressive tax system — the top 10 percent of Brazilians pay lower share than the bottom 50 percent. Lemann probably doesn’t pay any taxes in Brazil.

“It’s been tech companies and pharmaceutical companies that have lead the charge on these schemes. Apple last year off shore revenue paid 1 percent in taxes — they funnel their profits through their Irish subsidiary and then through the Bahamas. GE’s effective tax was zero. Now it’s getting into retail. So these companies do business in the U.S., they benefit from the airports, hospitals, police, fire, education. The rest of us pay for the military. Some of them are even federal contractors — they don’t pay taxes but they make money directly from our national coffers.

“Some are even using this to push for a tax repatriation holiday or a gutting of the corporate income tax. Both of these would be a disaster. When there was a repatriation holiday in 2004, 90 percent of the benefit went to Pfizer and they then laid off workers. And gutting the corporate tax rate would not only be horrible for us in the U.S., it would be a disaster for poor countries. It’s a race to the bottom. In Africa, you have countries that have effective negative tax rates. Instead of collaborating on tax collection across countries — they’re competing to go lower and lower. And all this is being driven by the fact that the corporate lobby doesn’t discriminate. Both establishment parties have been on the take and that’s why you have so little leadership on this issue.”

Show Details for the week of June 23rd, 2014

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On The Monitor this week:

  • Nomi Prins on her new book All the Presidents’ Bankers
  • Ross Caputi on ‘serving’ in the Military and the current situation in Iraq

More on this week’s guests:

Nomi Prins

Nomi Prins is a renowned journalist, author and speaker. Her most recent book, All the Presidents’ Bankers, a groundbreaking narrative about the relationships of presidents to key bankers over the past century will be out April 8, 2014. Her last book was a historical novel about the 1929 crash, Black Tuesday. Before that, she wrote the hard-hitting, acclaimed book, It Takes a Pillage: Behind the Bonuses, Bailouts, and Backroom Deals from Washington to Wall Street (Wiley, September, 2009/October 2010). She is also the author of Other People’s Money: The Corporate Mugging of America (The New Press, October 2004) which predicted the current financial crisis, and was chosen as a Best Book of 2004 by The Economist, Barron’s and The Library Journal, and Jacked (Polipoint Press, Sept. 2006).

She has appeared on numerous TV programs: internationally for BBC, RtTV, and nationally for CNN, CNBC, MSNBC, CSPAN, Democracy Now, Fox and PBS. She has been featured on hundreds of radio shows globally including for CNNRadio, Marketplace, NPR, BBC, and Canadian Programming. She has featured in numerous documentaries shot by international production companies, alongside prominent thought-leaders, and Nobel Prize winners.

Her writing has been featured in The New York Times, Fortune, Newsday, Mother Jones, The Daily Beast, Newsweek, Truthdig, The Guardian UK, The Nation, Alternet, NY Daily News, LaVanguardia, and other publications.

Her engaging key-note speeches are thoughtfully tailored, and she has spoken at venues including the Purdue University/Sinai Forum, University of Wisconsin Eau Claire Forum, Ohio State University Law School, Columbia University, Pepperdine Graudate School of Business, Environmental Grantmakers Association, NASS Spinal Surgeons Conference, and the Mexican Senate.

She is a member of Senator Bernie Sanders (I-Vt) Federal Reserve Reform Advisory Council, and listed as one of America’s TopWonks.

Nomi received her BS in Mathematics from SUNY Purchase, and MS in Statistics from New York University, where she completed all of the required coursework for a PhD in Statistics. Before becoming a journalist, Nomi worked on Wall Street as a managing director at Goldman Sachs, ran the international analytics group as a senior managing director at Bear Stearns in London, and worked as a strategist at Lehman Brothers and an analyst at the Chase Manhattan Bank.

She is currenty a Senior Fellow at the non-partisan public policy think-tank,  Demos and on the advisory board of exposefacts.org

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Ross Caputi

Ross Caputi is a former US marine, having served from 2003 to 2006. He took part in the second siege of Fallujah in November 2004. He became openly critical of the military and was discharged in 2006. Ross holds an MA in linguistics and is the founding director of the Justice for Fallujah Project. and is on the board of directors of ISLAH (Arabic for “repair” or “reform”). He is also the director of the documentary film Fear Not the Path of Truth: a veteran’s journey after Fallujah.

Recent writings:

I helped destroy Falluja in 2004. I won’t be complicit again

Unthinkable Thoughts in the Debate About ISIS in Iraq

Which states in part: “One year ago ISIS was concentrated in Syria, with almost no presence in Iraq. During this time, a nonviolent protest movement, which called itself the Iraqi Spring, was in full swing with widespread support in the Sunni provinces and significant support from the Shia provinces as well. This movement set up nonviolent protest camps in many cities throughout Iraq for nearly the entire year of 2013. They articulated a set of demands calling for an end to the marginalization of Sunnis within the new Iraqi democracy, reform of an anti-terrorism law that was being used label political dissent as terrorism, abolition of the death penalty, an end to corruption, and they positioned themselves against federalism and sectarianism too. Instead of making concessions to the protesters and defusing their rage, Prime Minister Maliki mocked their demands and chose to use military force to attack them on numerous occasions. Over the course of a year, the protesters were assaulted, murdered, and their leaders were assassinated, but they remained true to their adopted tactic of nonviolence. That is, until Prime Minister Maliki sent security forces to clear the protest camps in Fallujah and Ramadi in December of 2013. At that point the protestors lost hope in the tactic of nonviolence and turned to armed resistance instead. It is important to note that from the beginning it was the tribal militias who took the lead in the fight against the Iraqi government. ISIS arrived a day later to aid Fallujans in their fight, but also to piggy-back on the success of the tribal fighters in order to promote their own political goals. …While publicly criticizing the Maliki government’s sectarian policies, the U.S. has been aiding and facilitating” the Maliki government. Caputi added: “The impunity of the Maliki government is never questioned in the debate raging within the U.S. It is simply unimaginable within the limits of this debate that Maliki might be held accountable for the war crimes his regime has committed against his own people.”