#first energy

[tomorrowusa]

Corporations pay their CEOs extravagantly while trying to cheat on taxes.

It would be one thing if, alongside the exorbitant executive pay, the quality of American CEO-ing was going up. But these executives are making off with bigger bags of boodle despite their persistent incompetence: Media executives keep running their businesses into the ground, tech firms are laying people off because of vibes, the planes keep nearly crashing, and examples of insane eye-popping greed—like Rite-Aid’s decision to claw back severance paid out to laid-off workers on the same day they handed their CEO a $20 million bonus—keep on coming. So it may come as no surprise that there’s a robust connection between the overindulged CEOs and the firms that are most flagrantly dodging their fair share of taxes. For a report released Wednesday, the Institute for Policy Studies teamed up with Americans for Tax Fairness to spelunk into the balance sheets at some of America’s best-known tax scofflaws between 2018 and 2022. What they found was pretty consistent: The firms took home high profits and lavished their top executives with exorbitant pay, all while stiffing Uncle Sam. The excess is stunning. “For over half (35) of these corporations,” the study reports, “their payouts to top corporate brass over that entire span exceeded their net tax payments.” An additional 29 firms managed this feat for “at least two of the five years in the study period.” Eighteen firms paid a grand total of zero dollars during that five-year span, 17 of which were given tax refunds. All in all, the 64 companies in the report “posted cumulative pre-tax domestic profits of $657 billion” during the study period, but “paid an average effective federal tax rate of just 2.8 percent (the statutory rate is 21 percent) while paying their executives over $15 billion.” Which firms are the worst of the worst? You can probably guess the company that tops the list because it’s the one run by The New Republic’s 2023 Scoundrel of the Year. During the five years of the study, Tesla took home $4.4 billion in profits as CEO Elon Musk carted off $2.28 billion in stock options, which, since his 2018 payday, have ballooned to nearly $56 billion—a compensation plan so outlandish that the Delaware Court of Chancery canceled it. Tesla has, during that same period of time, paid an effective tax rate of zero percent through a combination of carrying forward losses from unprofitable years and good old-fashioned offshore tax dodging.

Elon Musk is either the world's richest or second richest person. But he still wants more. Give him credit for pathological greed.

In all fairness, Musk is not alone when it comes to enriching himself while screwing workers.

What sort of innovations have these CEOs wrought from this well-remunerated period? T-Mobile’s Mike Sievert presided over the Sprint merger that led to $23.6 million in stock buybacks and 5,000 layoffs. Netflix’s Reed Hastings poured $15 billion in profit into jacking up subscription rates. Nextera Energy has devoted $10 million in dark money in a “ghost candidate scheme” to thwart climate change candidates. Darden Restaurants has been fighting efforts to raise the minimum wage. Metlife has been diverting government money meant to fund low-cost housing into other, unrelated buckraking ventures. And some First Energy executives from the study period are embroiled in a corruption scandal that’s so massive that even Musk might find it to be beyond the pale.

These oligarchs are going to spend lavishly to elect Republicans who would give them even bigger tax breaks.

Fortunately, they can't literally buy votes. If we return to old school grassroots precinct work then we can thwart the MAGA Republican puppets of billionaire oligarchs.

One to one contact is a more important factor than TV or online ads in convincing people to vote your way. It takes more effort, but democracy was not built by slacktivism in the first place.

[transthatfag]

should've hate fucked ngl.

[wispscribbles]

Pretty boy Riley ✨✨

[soldrawss]

Huntlow doodle dump including 3 different aus so yeah enjoy

[lotus-pear]

double black

[reasonsforhope]

"Cody Two Bears, a member of the Sioux tribe in North Dakota, founded Indigenized Energy, a native-led energy company with a unique mission — installing solar farms for tribal nations in the United States.

This initiative arises from the historical reliance of Native Americans on the U.S. government for power, a paradigm that is gradually shifting.

The spark for Two Bears' vision ignited during the Standing Rock protests in 2016, where he witnessed the arrest of a fellow protester during efforts to prevent the construction of the Dakota Access Pipeline on sacred tribal land.

Disturbed by the status quo, Two Bears decided to channel his activism into action and create tangible change.

His company, Indigenized Energy, addresses a critical issue faced by many reservations: poverty and lack of access to basic power.

Reservations are among the poorest communities in the country, and in some, like the Navajo Nation, many homes lack electricity.

Even in regions where the land has been exploited for coal and uranium, residents face obstacles to accessing power.

Renewable energy, specifically solar power, is a beacon of hope for tribes seeking to overcome these challenges.

Not only does it present an environmentally sustainable option, but it has become the most cost-effective form of energy globally, thanks in part to incentives like the Inflation Reduction Act of 2022.

Tribal nations can receive tax subsidies of up to 30% for solar and wind farms, along with grants for electrification, climate resiliency, and energy generation.

And Indigenized Energy is not focused solely on installing solar farms — it also emphasizes community empowerment through education and skill development.

In collaboration with organizations like Red Cloud Renewable, efforts are underway to train Indigenous tribal members for jobs in the renewable energy sector.

The program provides free training to individuals, with a focus on solar installation skills.

Graduates, ranging from late teens to late 50s, receive pre-apprenticeship certification, and the organization is planning to launch additional programs to support graduates with career services such as resume building and interview coaching...

The adoption of solar power by Native communities signifies progress toward sustainable development, cultural preservation, and economic self-determination, contributing to a more equitable and environmentally conscious future.

These initiatives are part of a broader movement toward "energy sovereignty," wherein tribes strive to have control over their own power sources.

This movement represents not only an economic opportunity and a source of jobs for these communities but also a means of reclaiming control over their land and resources, signifying a departure from historical exploitation and an embrace of sustainable practices deeply rooted in Indigenous cultures."

-via Good Good Good, December 10, 2023

[suntails]

strength and nobility

[couchcouchcouchcouch]

HEART. LUNGS. LIVER. NERVES. HEART. LUNGS. LIVER. NERVES. HEART. LUNGS. LIVER. NERVES. HEART. LUNGS. LIVER. NERVES.

[sualne]

Old and new gifts.

(timeline)

[n0ahsferatu]

i’d say they’re going on a road trip but they don’t even have a car smh

[infectedpinkie]

did you know venus flytraps grow flowers...

[frownyalfred]

I cannot emphasize this enough: sometimes the draft sucks because you keep looking at it. It doesn’t actually suck. You just need to post it and stop beating yourself up.

[ew-selfish-art]

Dp x dc AU - If the Internation Space Station orbits the Earth 16 times a day, then so does the Watchtower.

Danny’s on track to move out of his parent’s house and move to Gotham for college (He swears that Sam bribed the board to let him in- and she wasn’t even going to that university!) but the dorms don’t open for another three days and he cannot wait to escape. Seeing his parents try to perfect yet another weapon to use against him while he changed out the ecto filters on the portal was too much. He’s completely over the idea of staying when he already has everything packed and ready to go.

The solution? Take all his boxes into his haunt in the Ghost Zone, leave them there and then spend some time in camping in space. He’s already explored the Infinite Realms enough to be bored of it for a minute (not to mention he wants to avoid getting more ‘favors’ to do from Clockwork) and hell, he just wants to see some stars.

He grabs his tent, a sleeping bag and all the food and things he could need and brings it into the atmosphere with him. Keeping it all tethered to him, Danny stays in a fixed position above Gotham (Cause that’s where he’s going next, duh) and treats himself to some quality Me-time.

Only problem is that several times a day he has to make himself intangible while he lets satellites and things pass through. Easy enough and honestly pretty interesting to observe as a wannabe engineering student.

He doesn’t know when exactly it happened the first time- but it turns out the Heroes of Earth all congregated in a satelite office building? It was bigger than the ISS! What the heck!?

Going intangible but not invisible, the JL spot Danny and are incredibly confused how an ‘Alien’ teen just happens to appear in their meeting rooms disappearing at the rate (slowly but surely) of the Watchtower moving through space. Was that camping gear? How was he roasting a marshmallow? Did propane camping stoves even work in space??

16 times a day they get the opportunity to ask Danny a few questions. He mostly ignores them or gives them joke answers. Eventually Martian Manhunter phases through the Watchtower to join him.

They talk about how hard transition periods in life can be and having strained relationships with family. J’ohn returns to the watchtower on its next cycle and reports that the kid is just fine, being an adult is just a hard thing to do.

[sunshine-zenith]

“For the record, that is nothing like me”

Bal… that is exactly like you

[lotus-pear]

god i love skk sm i wish gay ppl were real :(

[churomo]

ive been busy so have some raviolis