Thursday, May 10, 2018

Tax Changes Aren’t Helping Hardworking Americans

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The nation’s new tax law is a job killer that will exacerbate the country’s income divide and will hamper infrastructure investment efforts, lawmakers and tax experts agree.
Speaking at an Economic Policy Institute event this week, House members and academic authorities stated that Congress’ so-called landmark legislative achievement this term is nothing but a ruse that will hurt working people while further enriching the corporate class.
“The tax law is the single most expansive rule that has been put in place in the last quarter century to exacerbate income inequality,” Rep. Rosa DeLauro (D-Conn.) said. “Republican claims that tax law will produce jobs, jobs, jobs is fake news.”
She noted the tax changes encourage the outsourcing of jobs overseas. Meanwhile, more than two thirds of the tax savings by corporations are being used for stock buy backs instead of paying their workers more. “The country doesn’t know what this tax bill has done to their lives in terms of jobs,” DeLauro added.
Another overlooked element of the measure is that it won’t encourage much-needed U.S. infrastructure investment. Instead, Rep. Lloyd Doggett (D-Texas) said, many corporations are likely to move operations overseas.
“This Republican majority is guilty of false and misleading advertising,’ he said. “The door is wide open to continue off-shore tax dodging.”
Kimberly Clausing, an economics professor at Reed College, said corporations will see a $620 billion tax cut over the next 10 years because of the legislation. But it is not likely to have a dramatic effect on U.S. competitiveness, and there is no reason to believe it will fuel investment. “A vast majority of economists believe these tax cuts were oversold,” she said.
Rebecca Kysar, a law professor at Brooklyn Law School, agreed. “Given the enormous gamesmanship … in the end, you could say this was a lost opportunity,” she said. “We need to think a bit more about ambitious reform.”
Workers deserve policy changes that put more money in their pockets, but it is clear the new tax law doesn’t do it. While promises were made by some elected officials, corporate America isn’t following through. Hardworking Americans are left to foot the bill instead. 

Friday, March 30, 2018

Tesla closes multimillion-dollar Semi deal with FedEx

Contributing writer
Shipping giant FedEx Corp. this week agreed to buy 20 TeslaSemis, becoming the latest major corporation to place a preorder for the all-electric delivery truck.
Tesla's Semi trucks cost $190,000 to $257,000 each, depending on features, meaning the FedEx deal is likely worth between $3.8 million and $5.1 million.
“FedEx has a long history of innovation and incorporating sustainability efforts throughout its global network,” FedEx Freight CEO Mike Ducker said in a statement. “Our investment in these trucks is part of our commitment to improving road safety while also reducing our environmental impact.”
FedEx Freight focuses on less-than-truckload freight shipping. In 2016, FedEx deployed a little over 1,800 electric trucks worldwide, as part of a global fleet of some 2,700 alternative fuel vehicles.
The Tesla Semi isn’t scheduled to go into production until 2019. Early prototypes have been spotted in Silicon Valley and on Interstate 80, between Tesla’s battery factory in Reno and its car plant in Fremont. It’s about 260 miles between the two factories, up and and over the Sierras.
Tesla CEO Elon Musk unveiled the Semi in mid-November, promising that the truck’s batteries would have a 500-mile range before they needed to be recharged. Early customers will likely need to install high-capacity battery charging stations at their distribution facilities. Eventually, Tesla plans to build new “Megacharger” stations capable of charging a Semi up to a 400-mile range in 30 minutes.
Tesla hasn’t said how many Semi trucks it’s sold yet. Based on press releases from major companies like FedEx, Tesla has likely pre-sold well over 350 Semis to date.
Shortly after the truck was unveiled, UPS bought 125 trucks, Pepsi bought 100 trucks, Anheuser-Busch bought 40 trucks and Canadian grocery store chain Loblaw bought 25 trucks.
The truck is designed around autonomous driving, with a radically redesigned cabin for driver comfort. Eventually, Tesla believes its self-driving trucks will be able to draft off one another in a convoy, improving their range.

Friday, March 9, 2018

FedEx Employees Interested ...

FedEx Employees Interested in organizing or learning the importance of a Teamster contract. You are encouraged to attend.

Friday, March 2, 2018

Local 2010 Teamster Joins Fight Against ‘Janus’ Case

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Laurence Young believes strongly in the fight to ensure collective bargaining rights for public sector workers. So strongly, in fact, that he traveled cross country from his California home so he could be at the U.S. Supreme Court Monday when the court heard “Janus v. AFSCME,” a casethat threatens to undermine unions that represent public  employees across the U.S.
The University of California at Santa Barbara library employee, who is a business agent for Local 2010 at the campus, got into the court briefly to hear Justice Elena Kagan stand up in support of unions. Outside the high court, he said he was energized by the hundreds of pro-union demonstrators who were fighting back against the corporate-fueled agenda.
“I see this case as affecting unions nationwide, not just public sector unions, so I see this as an attack on working people across the country,” Young said. “You can get a sense of that from the backers of this case, the Koch Brothers, Americans for Prosperity, all of these right-to-work groups that are funding this case. Their issue is not about the public sector or even free speech. They want to destroy unions across the country.”
He added, “This is a key moment for labor in the United States, and I wanted to be here in the nation’s capital to hear it argued in the Supreme Court.”
But that’s not all he did as part of his trip. He also joined scores of fellow Teamsters and many others at the D.C. rally for the “Working People’s Day of Action,” part of a nationwide gatheringwhere workers came together to stick up for union power on the job. He said the event offered an opportunity to connect with his fellow union members.
“It was a tremendous moment, a great group of folks came out,” Young said. “We had some terrific speakers there. But more important than that was the chance to stand shoulder-to-shoulder with my union sisters and brothers from across the nation.”
The Teamsters are standing up against Janus because union jobs pave the way to a middle-class lifestyle. The median union worker makes more than $200 more a week than non-union workers. That's why the Teamsters stressed the need for more union jobs in its “Let's Get America Working” campaign that debuted in 2015. Workers earning more don’t just help their families; they help the economy at large as well because they spend more.
Though the Supreme Court Justices will ultimately have the final say in the Janusdecision, the Teamsters and working people across the country can be proactive by speaking about the benefits of a union, increasing membership and remaining unified. That way, over-compensated corporate executives who want total freedom to rewrite work rules to lower wages and eliminate benefits will realize that our collective voices cannot be silenced.

Tuesday, February 27, 2018

NRA boycott: FedEx to keep its discount; 10 companies drop gun group

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FedEx is sticking with the National Rifle Association, even as other companies drop the organization in the wake of the deadly school shooting in Florida.
The shipping company said it will continue to offer discounts to NRA members and "has never set or changed rates for any of our millions of customers around the world in response to their politics, beliefs or positions on issues."
The Memphis, Tennessee-based company said, however, it's positions on gun policy and safety are different from those of the NRA.
"FedEx opposes assault rifles being in the hands of civilians. While we strongly support the constitutional right of U.S. citizens to own firearms subject to appropriate background checks, FedEx views assault rifles and large capacity magazines as an inherent potential danger to schools, workplaces, and communities when such weapons are misused," the company said in a statement.
FedEx's refusal to end its NRA discount led to the creation of the #BoycottFedEx hashtag on Twitter. Among those sharing the message was David Hogg, a student at Marjory Stoneman Douglas High School, the site of the Feb. 14 attack that resulted in the deaths of 14 students and three teachers.
Other companies are severing their ties with the NRA, mostly through eliminating discounts offered to members. Those include:
Delta Air Lines
United Airlines
Enterprise Holdings
Avis and Budget
First National Bank of Omaha