MUST BE NICE: New Nashville Tenant AMAZON Paid ZERO % In Taxes

The same week that we saw New York rise up behind Alexandria Ocasio-Cortez against $3 Billion in corporate giveaways to Amazon, forcing Amazon to change its mind about setting up shop there, we now have a report from the Institute of Tax and Economic Policy which tells us that despite doubling their profits to $11 Billion last year, Amazon will still pay an incredible 0% in Federal taxes this year.]

Must be nice! Whereas many of us are scrambling for how to file a tax extension with accountants like http://daveburton.nyc/irs-file-tax-extension, Amazon has gotten away tax-free.

This is the 2nd year in a row the Trillion-Dollar company will pay 0%. Here’s a good thread on what Amazon was getting and why the backlash happened.

The report goes on to say this about the Republican “Tax Cuts and Jobs Act”, which made the claim that despite cutting the corporate tax rate almost in half from 35% to 21%, it would somehow incentivize corporate citizenship and investment:

“The tax law failed to broaden the tax base or close a slew of loopholes that allow profitable companies to routinely avoid paying federal and state income taxes on almost half of their profits… included lavish new giveaways… a huge revenue loser.”

Meanwhile the federal debt, which Republicans claim to be very concerned about despite the fact that their new tax law exploded the deficit, has just crossed the $22 Trillion mark, and many Americans are reporting that they’re feeling it in their tax refunds.

All while inequality is at levels not seen since the days leading up the The Great Depression, CEO pay has skyrocketed, and corporate stock buybacks – not investment and wages – are at all-time highs.

If you’re wondering why things like the Green New Deal are being proposed, look no further.

Instead of mocking ideas that seek to fix these problems, maybe those people should focus on the fact that most economic incentives are given to the biggest corporations while monopolization and the centralization of wealth are killing the everyday American, especially in rural America.

And let’s not forget about Wisconsin’s disastrous FoxConn boondoggle, where Koch brother favorite GOP Governor Scott Walker gave away billions to a company that has now had a change of heart, leaving Wisconsin taxpayers holding the bag.

This is something to keep an eye on as Amazon comes to Nashville, causing prices to spike for the people who are already there. The Republicans like to say we have low unemployment in Tennessee, which we do, but we’re also toward the bottom in how well our jobs pay.

$7.25 simply isn’t enough to live on, and Tennessee Republicans are the ones who refuse to raise the wage to a living one.

As Rep. Jason Hodges talked about in our interview with him, incentives may be necessary sometimes, but if companies want our support, they should have to pay our people a living wage.

Holler at the mayor and the governor to let them know we have our eye on the situation.

President Rewards Campaign Donor By Pressuring TVA

Yesterday, in a tweet, President Trump publicly pressured the Tennessee Valley Authority to keep a coal-fired power plant open even though the TVA has concluded the plant is unreliable, no longer needed, and too expensive to repair and operate.

The TVA board is slated to vote on the future of Paradise Unit 3 in just a few days, which is why the pressure is coming now.

Paradise Unit 3 just so happens to get the bulk of its coal from a subsidiary of Murray Energy, a mining company whose CEO Robert Murray, is a major Trump supporter who has asked the president to take other actions to help the ailing coal industry, particularly in regions where he sells coal. (Imagine that!)

This kind of pay-to-play has proven to be par for the course in this administration, but it doesn’t make it any less noteworthy. Murray gave $300,000 to Trump’s inauguration, and Trump is on track to meet most of his demands.

The list of Trump donors who have issued demands is as long as the day.

Rachel Maddow had a segment on it last night, calling it “simple corruption”:

Trump isn’t alone. Kentucky’s Governor is pressuring the TVA also – calling it a “national defense issue”, as is Mitch McConnell.

This is all just more of our politicians, who get large amounts of their campaign funding from the Koch brothers networks and others in the oil and gas industry, doing all they can to prop up the coal industry despite its obvious decline, more economically sound alternatives are on the rise.

From the Courier-Journal:

At a pro-coal rally over the weekend, the governor joined representatives of Senate Majority Leader Mitch McConnell, Sen. Rand Paul and other Kentucky officials to pressure the TVA board, which meets this week, to keep burning Kentucky-mined coal at the Paradise plant.

“We sit on hundreds of years of supply of the most reliable, most stable, most affordable source of electricity production that the world has ever known,” Bevin said. “There is no capacity now if we shut this facility and others like it to provide what America needs.”

The new environmental assessment by TVA, however, found that energy demand in the utility’s Southeast region was “flat to declining.” The study concluded that “the retirement of a unit with high maintenance and other costs would facilitate TVA’s statutory mission to provide reliable power at the lowest system cost.”

STATE OF THE STATE: Unhealthy, Impoverished, Underfunded Ed, Low Pay… But Cheap!

Our friends at Think Tennessee have just put out their yearly breakdown of where Tennessee stacks up with the other states on important things like opioid prescriptions (49th), poverty (41st), education funding (45th), Adult diabetes (45th), infant mortality (47th), mental health providers (45th) life expectancy (44th), and much more.

Some people are doing very well in our state, but on the whole the news is really not very good. We’re unhealthy, there’s a lot of poverty, our education is underfunded, and the jobs – although we have them – don’t pay well.

We deeply appreciate that Think Tennessee does this, and have made a video out of what they’ve found. If you enjoy it, feel free to share on Twitter, Facebook, Youtube, or anywhere else you spend your time.

TN ED REPORT: Education Subcommittee A-OK With Sex Offender Chair

Rep. David Byrd, who you’ll recall admitted on tape to sexually molesting girls he coached in Wayne County and was asked to step down by his own party before running again, getting re-elected, and getting promoted by Speaker Casada to the most unthinkably insulting post of all, just chaired his first subcommittee meeting.

Thankfully, all 6 members of the committee meeting spoke out in defiance of Byrd, and he is now stepping down.

Just kidding! Nobody said anything. Instead they went around making jokes about “interesting facts”, and acted like having a pedophile in charge was just another day at the office.

Go here to read Andy Spears’ post over at the TN Education Report.

This issue isn’t going away any time soon, and neither are we. Feel free to reach out to Speaker Casada and Byrd and let them know how you feel about this insult to women and survivors and frankly everyone in our state.

Yet Another Rural Hospital Closes – Clay County

As Tennessee continues to reject billions each year, yet another rural hospital shuts its doors, this time in the Clay County/Celina area.

“the closing will cost 146 full & part-time employees their positions”‬

‪Not expanding Medicaid for political reasons is an absolute shame. ‬Hope Governor Bill Lee and the state legislature see the light before more unnecessary damage is done.

Read the article from NewsTalk941.com Here.

Homelessness in Williamson County – Does Anyone Care?

Today Amelia Knisey of The Tennessean has an important story about homelessness in Williamson County.

Homelessness is on the rise in the richest county in the state, and the people and local officials have yet to make it a priority, leaving it to pastors like Pastor Kevin Riggs and local nonprofits like Gracepointe Church to deal with.

But as the cost of living continues to increase in areas like Franklin and Brentwood, more and more long time residents will feel the squeeze.

Lots of lip service is paid to issues like this around here, but what will residents and local government officials actually be willing to do about it?

Follow Amelia Here.

Rev. Barber Welcomes Lee To Office

On MLK Day, Governor Lee decided to pay his respects by going to Tennessee State and sharing the stage with Reverend Barber.

Now we’re guessing he probably wishes he hadn’t.

Lee was the first Tennessee Governor to show up at the event in 30 years, and it seems that was no coincidence. Barber made the most of the occasion, making it clear that politicians who claim to love MLK but fight against what he actually stood for will no longer get a free pass on his watch.

Check out the amazingness in a glorious thread here.