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The Hartmann Report

Thom Hartmann Program - 1 Hour Edition - 01/31/19 - Today, a fascinating swim through tax fairness, and income inequality. As Fox'con'n appears to have tricked Wisconsin to walk away with most of the massive tax breaks Scott Walker gave them, this is par for the course as billionaires and the rich- from the Starbucks CEO to the Wal-Mart heirs must be laughing all the way to the bank. And meanwhile, most of us are squeezed hard for property and other wealth taxes. What to do?

The Hartmann Report

Thom Hartmann

Democracy, Climate Change, Congress, America, News, The Hartmann Report, Thom Hartmann, Economics, Debate

4.51.3K Ratings

🗓️ 1 February 2019

⏱️ 61 minutes

🧾️ Download transcript

Summary

Thom's take- as Foxconn has been to show to have conned Wisconsin for massive tax break money- what can be done to keep cities from racing to the bottom with tax giveaways? - Steve in Phoenix says the endgame for the billionaires is to get rid of government spending that benefits everyone. Thom adds, they'd rather change everything into a chance for billionaires to get richer. Thom's thoughts on taxes, flashing back to FDR. David in South Dakota thinks billionaires create jobs- Thom shows this is a fantasy, comparing billionaires to money-thirsty blood-sucking parasites. And Michel in Seattle has her doubts about Starbucks CEO Howard Schultz. And other callers add to the pile of interesting thoughts. - Deep thinker and economist Professor Richard Wolff explains the Fed's constraint of interest rates to placate Trump and delay economic crisis.- Thom continues his thoughts about property taxes- it's a wealth tax! The twitterati have been responding with him. And James in Texas is frustrated, but Thom ends up agreeing with him. - Insider and former Republican Congressman Bob Ney has thoughts on the billionaires on Trump's cabinet.- Nancy in Michigan adds detail to the wealth tax discussion. And George in Chicago closes out the show with thoughts about the Great Lakes, Foxconn, and water supplies.

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Transcript

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0:00.0

This is the Tom Hartman Program.

0:15.0

Welcome back to the Tom Hartman Program.

0:17.0

Broadcasting on Commercial radio stations from coast to coast on Sirius XM all across the North American

0:22.4

continent on

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Pacific stations across America, Europe, and Africa and

0:26.1

American Forces radio on every US military base in the world in your

0:29.1

electronic device by a tune-in progressive voices, Tom Hartman app, and simulcast as television via free speech TV network

0:36.4

on DISH network, direct TV, and cable systems all over the country.

0:40.3

The situation in Wisconsin, this is absolutely a fascinating and B

0:46.3

predictable back when Scott Walker was saying yeah let's give a billion dollars to Fox Con or hundreds of millions of

0:54.7

dollars in tax breaks. Fox Con of course is the Chinese company that makes parts

1:00.4

for iPhones and they wanted to open a factory in the United States so that they

1:05.2

could say oh yeah some of our stuff is made in the USA because you know Apple's

1:09.0

getting pressure about making their stuff overseas so you know if of if they're one of their suppliers

1:13.7

could make it the US and so FoxCon comes to Scott Walker and says you know give us

1:18.7

a fortune give us a billion dollars or hundreds of millions of dollars and we'll build a factory here

1:23.7

and we'll employ 13,000 people which is like 300,000 dollars per job in state

1:30.2

money that we're giving Fox Con to create jobs that'll pay you know what maybe

1:34.4

$40,000 a year but still they're quote manufacturing jobs these are quote good

1:38.9

jobs and now Fox kind of saying, hey, you know, the agreement actually doesn't say that we

1:46.8

had to create 13,000 jobs. That was just the news release that Donald Trump and Scott

1:50.5

Walker quoted. But the agreement says that you have to pay us all,

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