By Jim Campbell
April 5th, 2019
Here is an obvious solution for “Madam Pelosi.”
Heat seeking “Bad Karma Edition”
First you pull out your taxes combined with husband Paul’s of StarKist Tuna Fame.
Both Pelosi’s were involved in price-fixing when she was in a position to arrange for lower wages to be paid to Samoan workers. (Source)
President Trump responded with a dismissive taunt on Wednesday after a House committee chairman formally requested the IRS provide several years of his personal and business tax returns, in a move that prompted congressional Republicans to warn that Democrats had “weaponized” tax law.
Told by a reporter at the White House that Democrats wanted six years of his tax returns, Trump replied:
“Is that all?
Usually it’s 10.
So I guess they’re giving up. We’re under audit, despite what people said, and we’re working that out — I’m always under audit, it seems, but I’ve been under audit for many years, because the numbers are big, and I guess when you have a name, you’re audited.
But until such time as I’m not under audit, I would not be inclined to do that.”
The request Wednesday by Massachusetts Rep. Richard Neal, who heads the tax-writing House Ways and Means Committee, is the first such demand for a sitting president’s tax information in 45 years.
That of course was President Richard Nixon as part of the process of avoiding impeachment. (Source)
The move sets up a virtually certain legal showdown with the White House.
Economists of every political stripe agree that a higher minimum wage will cost some low-skill workers their jobs.
But don’t believe us; just ask Democratic Speaker Nancy Pelosi.
The House last week whooped through an increase in the minimum wage to $7.25, by a vote of 315-116.
But, lo, included as part of this boon to the working man was a loophole: The new, higher wage floor applied to all of these United States and its territories – save for the Pacific outpost of American Samoa.
In the immortal words of Congressman Patrick McHenry (R., N.C.), “There’s something fishy going on here.”
It turns out that American Samoa has a big fish and tuna canning industry, specifically operations run by StarKist and Chicken of the Sea.
Both companies are headquartered in California, and StarKist’s parent is located in none other than Ms. Pelosi’s own San Francisco district.
So faster than you can say “middle class squeeze,” Democrats rediscovered the eternal economic truth that a higher minimum wage can cost jobs and granted Samoa its reprieve.
They have a good point.
In 2004, according to the Department of Labor, Samoan canneries directly employed some 4,800 people, or nearly 40% of the work force.
StarKist and Chicken of the Sea would have plenty of other low-wage locations to do their canning.
The average hourly wage for the American Samoan canneries in 2004 was about $3.60. In contrast, the average cannery wage in Thailand was 67 cents an hour and in the Philippines 66 cents.