“ Because my country — our country — means more than my money. ”
Charlie Fink, former AOL executive
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My name is Morris Pearl. I am the Chair of the Patriotic Millionaires and a former managing director at BlackRock. We usually write this newsletter in the collective voice of… It’s official: ultra-rich corporate executives are chicken plumping the American economy with stock buybacks. After a brief hiatus during the height of the pandemic, corporations have doubled down on stock… In case you hadn’t noticed, there is very little that US employers won’t do to save a buck or two. As of late, that even includes breaking the law and hiring children… For most Americans, Valentine’s Day is a lighthearted holiday filled with roses, chocolates, and maybe even a few of Cupid’s arrows. But for the 12 million workers in America’s restaurant industry, February… The House Ways and Means Committee is one of the most important centers of decision-making in the entire federal government. It’s the House’s chief tax-writing committee, where members of Congress… If you thought the GOP’s dedication to cutting taxes for rich people at any cost couldn’t get any more extreme, you might want to think again. The latest proposal out… Earlier this week, the Department of the Treasury released its report, Disparities in the Benefits of Tax Expenditures by Race and Ethnicity, which outlines the differences in how tax deductions… We’ve known for a long time that the National Restaurant Association (the “other” NRA) is an awful organization. As a representative of some of the biggest, most profitable, and often… When you add up the numbers from reporting by the New York Times and the recently released House Ways and Means Committee Report on Trump’s taxes, Donald Trump paid total… As the rich and powerful have gathered this week in Davos for the World Economic Forum’s (WEF) Annual Meeting, there has been a lot of talk about how to make… This week, over 2,700 world leaders are attending the World Economic Forum Annual Meeting in Davos, Switzerland – better known as simply “Davos.” Every year, elites from business, politics, and civil… Last week, after a historic five-day battle involving no fewer than 15 rounds of voting, Representative Kevin McCarthy (R-CA) was elected Speaker of the House of Representatives for the 118th Congress. In order… As the new House GOP majority tries over and over again to elect a Speaker, the already-glaring dysfunction of the 118th Congress is hard to miss. But as we watch… Happy New Year! We hope you and your loved ones enjoyed a peaceful, joy-filled holiday and are feeling optimistic about the new year. If you were traveling over the holidays,… Back in the 1990s, I was making good money working for an investment bank, and I was putting the maximum amount allowed into my individual retirement account (IRA) and a…The Silicon Valley Bank Failure Explained
Corporations are chicken plumping the economy with stock buybacks
Child Labor is Not a Thing of the Past in America
Give tipped workers raises, not roses, this Valentine’s Day
Unmasking Jason Smith
The FairTax Act is Nowhere Near Fair
How the Tax Code Makes the Racial Wealth Gap Worse
The Other NRA is Exploiting Workers
Who’s Taxed More: Trump or a Cardiologist?
Demanding Change at Davos
Survival of the Richest
Get Ready for a Debt Ceiling Showdown
House Republicans Want to Protect Wealthy Tax Cheats
Blame Corporate Greed for the Southwest Fiasco
The New Omnibus Package’s Retirement Changes Are a Giveaway to Rich People Like Me
I don’t want to add to my personal net worth at the expense of my fellow Americans. I can pay more, I should pay more, and I reject the false concept that we wealthy Americans are the job creators who will leave the country with our money if we’re asked to pay our fair share. —Karen Stewart, Patriotic Millionaire and Angel Investor
Asking for a friend… if the company is in so much trouble, does this mean that it’s not going through with its $10 billion stock buyback plan too?
https://t.co/XRWhxEjHXR
Brooke Harrington has a better idea: impose sanctions on the wealth managers that enable their illegal tax evasion schemes.
https://t.co/yolyeoRLdp
Laxman Narasimhan needs to use this fresh beginning to change the company’s approach to unions. Workers have the right to organize, and Starbucks needs to recognize that. Put the anti-worker Schultz era to bed
https://t.co/DdhrfYcDiP
Patriotic Millionaires
