Safeway Suspends Worker For Sci-Fi Parody of His Firing
theodp writes "After making light of a bad situation — Safeway's closing of its Chicagoland Dominick's grocery store chain and termination of 6,000 workers — with a satirical SciFi YouTube clip, Dominick's employee Steve Yamamoto found himself suspended just one day before the grocery chain closed up shop for good. 'My store manager got a phone call that she had to suspend me,' Yamamoto told NBC Chicago. 'I was like, "Are you serious?" It's crazy as it is. I'm just dumbfounded.' Perhaps Safeway was concerned that viewers of Yamamoto's video might think that aliens, robots, and monsters did Dominick's in, although the Chicago Tribune suggests financial machinations as a more likely culprit: 'By pulling the plug on Chicago [Dominick's], Safeway could not only satisfy [hedge fund] Jana, but also generate a $400 million to $450 million tax benefit.'"
A lot of people don't seem to understand how tax brackets work, nor do they read closely. Mr. Anonymous Coward is a good example. Let's take a look: "I don't have a problem with someone's five-million-and-oneth dollar being taxed at 90%." If the 90% tax bracket kicks in at five million dollars, the first dollar earned after five million would be taxed at 90%. You'd only get a dime on it, and Uncle Sam would get 90 cents. Everything earned by that would be taxed at the lower rates of the lower brackets. The first 50k would still be taxed at less than 15%. That's not "in poverty."