Labor Day’s True Meaning: When Workers Organize, We All Benefit

Take a few minutes during that barbecue, or while reading, or while catching up on TV shows, or whatever you plan to do on your day off, to remember that Labor Day was not created as just another vacation day for white-collar workers. In fact, there are many people who do work on Labor Day. But this day was created to recognize organized labor, and the labor movement that made it possible for people to form unions. And those unions are responsible for giving us the 40-hour work week, better working conditions, the weekend, and better pay. Even if you never belonged to a union, the effect unions have on the job marketplace has helped us all – a rising tide lifts all boats.

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Fact of the Day: Executive Compensation Is A Corporate Tax Deduction – Yes, That’s Really A Thing

Obviously I’ve had my head buried in the sand, because I was totally unaware that corporations can deduct executive pay from their federal income taxes. So what this means is, average tax payers are subsidizing a tax deduction for some of the richest corporations on the planet. And that might be fine if it was a tax deduction meant to spur something for the good of society. But no, it’s just a tax deduction that helps wealthy fucks pay other wealthy fucks large sums of money. — Robert Reich explains it with a lot more restraint than I.

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