▶ Bill Moyers: Joseph E. Stiglitz Calls for Fair Taxes for All

A recent report by Nobel Prize-winning economist Joseph E. Stiglitz for the Roosevelt Institute suggests that paying our fair share of taxes and cracking down on corporate tax dodgers could be a cure for inequality and a faltering economy.

Bill Moyers Interview  Moyers & Company  August 21, 2014

This week on Moyers & Company, Stiglitz tells Bill Moyers that Apple, Google, GE and a host of other Fortune 500 companies are creating what amounts to “an unlimited IRA for corporations.” The result? Vast amounts of lost revenue for our treasury and the exporting of much-needed jobs to other countries.

Subscribe or “Follow” us on RiseUpTimes.org. Rise Up Times is also on Facebook! Check the Rise Up Times page for posts from this blog and more! “Like” our page today. Rise Up Times is also on  PinterestGoogle+ and Tumblr. Find us on Twitter at Rise Up Times (@touchpeace).

“I think we can use our tax system to create a better society, to be an expression of our true values,” Stiglitz says. “But if people don’t think that their tax system is fair, they’re not going to want to contribute. It’s going to be difficult to get them to pay. And, unfortunately, right now, our tax system is neither fair nor efficient.”

For the transcript, click here.

A version of this program originally aired on May 30, 2014.

Producer: Candace White. Segment Producer:Robert Booth. Editor: Rob Kuhns. Intro & Outro Producer: Robert Booth. Intro & Outro Editor: Rob Kuhns.

RELATED (by RiseUpTimes.org)

Just spoke to gathering of human-resource professionals, several of whom told me afterwards they were angry and frustrated with the financial types in their firms who “think only about the short-term bottom line” and don’t consider the long-term well-being of the company and its employees. When I asked them how pay was determined, they said they’re instructed to benchmark what competitors pay their top executives and recommend pay at or above the top of the range, so their firm gets the best. But they’re also instructed to recommend below-average pay for lower-level managers and employees, on the theory those jobs are fungible. The director of HR for one of America’s biggest corporations told me “this can’t go on. A revolution is coming.” Really?

10 Corporate Tax Dodgers You Should Know About  Moyers & Company

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: