On October 7, 2001, the U.S. invaded Afghanistan. The war is now 16 years old — and that’s not even counting the decade of U.S. intervention in the country during the Cold War.
Donald Trump once advocated the “speedy withdrawal” of U.S. troops from that country. As president, however, he’s gone in the opposite direction, demanding the U.S. must now “fight to win.”
As Phyllis Bennis, director of the IPS New Internationalism project, explains in this short video, Trump’s plans to extend the war he once supported ending are even more worrisome for their lack of transparency. He’s not said how many new troops he’ll send or how long they’ll be deployed. Worse still, civilian casualties in multiple U.S. wars have been on the rise since he took office — by 67 percent in just six months.
It’s clear by now that the solution to terrorism won’t come from using military power, Bennis explains. That can only be achieved by diplomacy. “It’s harder, it takes longer, it’s not as sexy, it’s not sexy on CNN, it’s not any of those things,” she concludes. “But it’s the only thing that will work.”
President Trump begins a barn-storming tour to tout his tax plan, we’ve released a short video rebutting some of the most common Republican myths about corporate tax cuts. Trump has claimed that we’ll “see a rocket ship” once his tax plan is adopted — that’s just how much he wants us to believe the economy will take off.
But as predicted, the plan he and congressional Republican leaders released on September 27 would primarily benefit the wealthy and big corporations. For the rest of us, it would be a dud.
In this video, IPS tax expert Sarah Anderson goes head-to-head with President Trump to rebut his corporate tax cut claims. Trump says his plan will make the economy take off like a rocket. Anderson explains why it will really be a “Rocket for the Rich.”
At the Institute for Policy Studies, we recently took a novel approach by analyzing the 92 U.S. publicly held corporations that paid an effective tax rate of less than 20 percent from 2008-2015. What we found is that overall these tax-dodging firms had median job growth of negative one percent, compared to a six percent employment increase among U.S. private sector firms as a whole. Not surprisingly, we found that some of the proceeds from this tax savings were winding up instead in higher-than-average pay for their CEOs.
The video also rebuts the president’s claim that U.S. corporations pay more in taxes than firms in other globally competitive countries. Because of all the loopholes in the U.S. tax code, government revenue from corporations is actually lower in the United States than the average for industrialized countries. And the new Republican plan gives very little detail on what loopholes they might close. At the same time, the plan offers huge new tax breaks to corporations, including allowing multinationals to pay little-to-no taxes on the profits they book offshore.
In short, Trump’s tax cuts would be like a rocket ship — but only for big corporations and the 1%. For ordinary Americans, it would mean deep cuts to Medicare, Society Security, and other services.
As he travels around the United States, let’s hope Trump hears from the majority of Americans who reject the “trickle down” theory that tax cuts grow the economy and create jobs. It’s time for the wealthy and big corporations to pay their fair share.
Fairfood’s new director Sander de Jong started working in September. In this short video, he outlines his vision for a movement of Dutch consumers and the importance of knowing where our food comes from and that it’s produced with respect for people and our environment.
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