That’s A Sad Map

Distressed Communities In America

 

Read all about it here …. key takeaways …

  • New jobs are clustered in the economy’s best-off places, leaving one of every four new jobs for the bottom 60% of ZIP Codes.
  • Most of today’s distressed communities have seen zero net gains in employment and business establishment since 2000. In fact, more than half have seen net losses on both fronts.
  • Half of adults living in distressed ZIP Codes are attempting to find gainful employment in the modern economy armed with only a high school education at best.
  • The healthier the economy, the healthier the person: People in distressed communities die five years earlier.

What Is Income?

I Think It Is Any Monies That You Receive


…but actually, as we well know, this isn’t how the US Tax Code sees it.

This today from Frank McPherson

Many people think Americans pay more taxes than other countries, which is not true. Many Americans pay more taxes than other Americans, and it’s not the richest Americans who pay the most. Should everyone pay the same percentage of their income, or should the richest Americans pay a higher percentage of their income? First we need to get to a common definition of income!

“First we need to get to a common definition of income!” How hard can that be?

Sadly, I think this is more true than a cartoon would have it …

Airbnb and the Internet Revolution

They aren’t as bad as Uber in their flaunting of the law …

… but the longer they do it

  • the less taxes arrive to support a city/county/state
  • the more drain on those same services
  • the less rooms and properties there are for people who just want to live
  • the more temptation for the owners who are sharing their space – not to share their income with the IRS

Airbnb gets less press than Uber, but in some respects its even more radical: understanding how it works leads one to question many of the premises of modern society from hotels to regulations. It’s an important marker in the Internet Revolution.


[ Source : Airbnb and the Internet Revolution
Stratechery by Ben Thompson ]

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The Future of Work Needs To Be About People

Really About People

I believe in the newly emerging Future of Work – but I believe it should be right for the people. Uber – and others – seem to be manipulating loopholes and law to suit their purposes. They fit into the category of Jeremy Heiman’s New Power Model – with Old Power Values.

The California Labor Commission ruled against Uber based on a decision from 1991, when taxi drivers had sued to be considered employees of a taxi company. Back then, the Commission ruled that the drivers were definitely employees, because “their work is the basis for [the cab company’s] business.” The same is true of Uber drivers today, the Commission said, so the driver who sued is indeed an employee.

Uber Decision Underlines Tough Questions Coming on Corporate Culture.

[ Source : Compliance Week ]