We're sorely missing the servant leadership of America's CEOs on matters of corporate taxation.
As Congress contemplates trillions in budget cuts that will worsen poverty and undermine the quality of life in America, consider these findings from a new report that I co-authored, "Massive CEO Rewards for Tax Dodging," by the Institute for Policy Studies.
Last year, the compensation of 25 CEOs at major profitable U.S. companies was larger than the entire amount their company paid in U.S. corporate taxes.
These 25 include the CEOs of Verizon, Boeing, Honeywell, General Electric, International Paper, Prudential, eBay, Bank of New York Mellon, Ford, Motorola, Qwest Communications, Dow Chemical, and Stanley Black and Decker.
I admit it: A few years back, when I first heard about the E-Verify program, I thought it sounded reasonable. The program was described to me as a way for employers to voluntarily verify the U.S. citizenship of their employees by cross-checking their information with the online databases of the Department of Homeland Security and the Social Security administration. I knew that there were flaws in the system, which sometimes misidentified workers as undocumented even when they were not. However, I thought, what employer doesn't deserve the right to check the employment eligibility of his or her workers?
When John Steinbeck's classic novel The Grapes of Wrath was published in 1939, it caused a sensation. It won the Pulitzer Prize and was the best-selling novel of the year. Just months later, in 1940, the book was turned into a film by John Ford, which was nominated for seven Academy Awards.
For readers today, Steinbeck's migration saga remains relevant as a piece of (dramatized) social analysis. It's essentially a road novel about the Joads, a poor Midwestern migrant farming family. Throughout the novel, the Joads fight to keep their family intact while fleeing the 1930s Oklahoma Dustbowl for the hope of farm work in California.
"I will call them my people, who were not my people. And her beloved, who was not beloved." (Romans 9:25 referencing Hosea 2:23)
Estranged, alienated, and removed; anyone living in an industrialized modern society in the 21st century would be able to define, or at least identify the sentiments of these words. Our time is one of mass communication and instantaneous access to knowledge. And yet our lives are too compartmentalized, increasingly divided, and our society reflects this. Indeed the existential writers of yesteryear were correct in diagnosing the iron cage that would befall us, ultimately leading to an eclipse of reason.