Did you pay income taxes last year?
Then you paid more than Tesla.
The most valuable automaker in the world paid $0 income tax in 2024.
https://t.co/IhwbAjwNUf
Fascinating times in Michigan, where MAGA Republican @truestevecarra and progressive Democrat @DylanWegela are building a bipartisan coalition to drain the state's corporate welfare swamp - and they're off to a great start with this anti-NDA bill. https://t.co/odKaeEfYeF
Elon Musk is one of the biggest recipients of government aid.
Nearly two-thirds of Musk's $38 billion in government funding has been promised to his businesses just in the past five years, the story notes.
And Musk's $38 billion in government support is surely an under-count.
Exclusive: Over the years, Elon Musk and his businesses have received at least $38 billion in government contracts, loans, subsidies and tax credits, a Post analysis has found, helping seed the growth that has made him the world’s richest person. https://t.co/URhMXm1pZ2
Jeff Bezos' Amazon has extracted at least $11.6 billion in taxpayer subsidies.
Because so many deals are secretive and the values undisclosed, that's likely a massive undercount.
But do tell us more about "free markets."
🧾: https://t.co/LwdHiHzN7f
I assume this means you'll be accepting pieces about Amazon's attempts to revoke the personal liberties guaranteed to Americans under our labor and antitrust laws?
“Over the years, Musk and his businesses have received at least $38 billion in government contracts, loans, subsidies and tax credits…”
When government helps the American people, it’s waste, but when it makes one man obscenely rich, it’s just business. https://t.co/BRUSHIDZtO
Sadly this podcast I did with @GoodJobsFirst founder @GregLeRoy4 about how Amazon and Bezos’s wealth was built on draining the public coffers is still deeply relevant. Click link and scroll down till you see the episode: https://t.co/mfoOo9LksN
Today, we submitted testimony calling on the Legislature to:
1️⃣ Reject new cash subsidies for film/TV producers.
2️⃣ Reject new Broadway subsidies
3️⃣ End NY's Opportunity Zone tax break
And more! Read it ⬇️
https://t.co/4aGran52TK
"Cal-Maine Foods, which controls about a fifth of the egg market and sells to Walmart and other large retailers, reported that its revenues jumped to $954 million in the quarter that ended in late November from $523 million from the prior year — an increase of 82 percent."
One of Elon Musk's subsidies was for X in the thriving Atlanta area.
In exchange for $10 million, he promised 24 "retained" jobs.
https://t.co/PT1Tcnty31
Amazon recently received one of its biggest-ever subsidies: $4.3 billion for a data center in Indiana.
Here's what St. Joseph County Council's Amy Drake said before she cast one of two lone "no" votes:
https://t.co/RaKUPwDJke
TEAMSTERS LAUNCH LARGEST STRIKE AGAINST AMAZON IN AMERICAN HISTORY
The Teamsters will launch the largest strike against Amazon in U.S. history beginning at 6 a.m. EST on Thurs., Dec. 19. The nationwide action follows Amazon’s repeated refusal to follow the law and bargain with the thousands of Amazon workers who organized with the Teamsters.
“If your package is delayed during the holidays, you can blame Amazon’s insatiable greed. We gave Amazon a clear deadline to come to the table and do right by our members. They ignored it,��� said Teamsters General President Sean M. O’Brien. “These greedy executives had every chance to show decency and respect for the people who make their obscene profits possible. Instead, they’ve pushed workers to the limit and now they’re paying the price. This strike is on them.”
Workers will join the picket line from DBK4 in New York City; DGT8 in Atlanta; DFX4, DAX5, and DAX8 in Southern California; DCK6 in San Francisco; and DIL7 in Skokie, Ill. Amazon Teamsters at other facilities are prepared to join them.
Teamsters local unions are also putting up primary picket lines at hundreds of Amazon Fulfillment Centers nationwide. Amazon warehouse workers and drivers without collective bargaining agreements have the legal right to honor these picket lines by withholding their labor.
“What we’re doing is historic,” said Leah Pensler, a warehouse worker at DCK6 in San Francisco. “We are fighting against a vicious union-busting campaign, and we are going to win.”
Amazon is the second-largest corporation on the Fortune 500 list. Despite being worth more than $2 trillion, the company fails to pay its workers enough to make ends meet.
“Amazon is one of the biggest, richest corporations in the world,” said Gabriel Irizarry, a driver at DIL7 in Skokie, Ill. “They talk a big game about taking care of their workers, but when it comes down to it, Amazon does not respect us and our right to negotiate for better working conditions and wages. We can’t even afford to pay our bills.”
Nearly 10,000 Amazon workers have mobilized a movement and joined the Teamsters. They are fighting for higher wages, better benefits, and safer conditions at work.
“I’ve seen the Teamsters win big battles,” said Dia Ortiz, a worker at DBK4 in New York. “We’re ready to do what it takes to win this one.”
Hard to understand what is happening @AmericanU arrival day for new students. Glacial line way down Massachusetts Avenue, No entry allowed at gate closest to our daughter’s dorm WTH?!?
Attention anyone in the UK: our June 6 conference on Fixing the UK's Regulatory Crisis is very much still on! @ViolationTracker__UK @Unchecked_UK https://t.co/MZ0SaM4yBP
A recent Harvard University report found that only 23% of #workers who've experienced labor violations report them. PAGA shines a light on #WageTheft so corporations are held to account!! #StopCorporateWageTheft
https://t.co/4E7PYruvzS
This appears to be one of the biggest crimes in modern history. For context, if the FTC's investigation is accurate, this single crime costs people at least 10 times the amount of all property crime combined according to the FBI.