Though the American public is increasingly in favor of raising the minimum wage, wages at the federal level have been stagnant since 2009. But this week low wage workers in these four states could see a raise.
Trump’s legal exploits demonstrate the critical need to reform our tax code and stop money’s toxic influence over politicians and legislation. Right now millions of Americans are frustrated because they believe the scales are intentionally tipped towards the already wealthy, and stories like this only confirm this belief.
So far in the 2016 election, 992 million dollars has been raised by the candidates and 502 million has been raised by the Super PACs supporting them. Take a moment and let that sink in. That is $1.5 billion in the presidential race alone.
Good news is there a very simple way to start a conversation with your elected officials about the influence of money in politics and the imbalance of our system.
Let’s assume that maybe these business leaders haven’t seen the piles of reports and data proving their claims to be wrong. This quick fact check should help them clear up some of the biggest concerns/lies/myths RE: raising wages…
But while applauding the successes of a few, we are institutionalizing an inequality by refusing to take action on legislation that grants a living wage to the many.
Yesterday, former Treasury Secretary Larry Summers echoed Patriotic Millionaires Chair Morris Pearl in an aggressive attack against billionaire David Rubenstein for his inexcusably corrupt stance on the carried interest tax loophole.
Patriotic Millionaire and Director Abigail Disney’s follows a conservative Evangelical preacher as he discovers how to preach the growing toll of gun violence in America. Tune in May 10th, 2016 to PBS for a special screening– you’ll be glad you did!
Rensi leads his argument with the statement that proponents of raising the minimum wage have a fundamental misunderstanding of the service industry. Rather, it turns out that Rensi has a fundamental misunderstanding of economic reality.
Tax day will come again next year with the same inequality. The headache will last all year and the years after that, until changes are made.
Millions of Utahns will file their taxes this week, but thousands of investment fund managers earning millions of dollars per year will pay at a lower tax rate than teachers, firefighters and most ordinary Americans. A group of Utahns, the Utah Chapter of the Patriotic Millionaires, want this changed and called on Senator Orrin Hatch to close the “carried interest loophole.”
The Patriotic Millionaires consider this film, which is highlighting the dangerous and rapid expansion of the wealth gap, as fundamental to the national conversation about economic inequality.
The tiered raise, which is part of the New York state proposed budget, represents a major victory for wage earners and the New York economy. In time, the nation will follow suit, shortening the economic gap, strengthening the American economy, and granting true sustainable living wages to a valued part of society.
What America has lost track of, but California is thankfully revisiting, is the idea that the “cost of labor” is connected to actual human lives. Californians will see the collective advantages of a stronger economy based off of workers with higher spending power.