Trump’s Administration is working hard to advance the interests of their wealthy donors and corporate friends.
Under the guise of improving and encouraging investments in our economy, federal legislation has made shareholders richer and richer. At the same time, the federal minimum wage and tipped-minimum wage have remained stagnant. The combination of these two policies has resulted in the weakening of American innovation. When Republicans lowered the corporate tax rate to 21% from 35%, they did so under the promise that … Continue reading Stock Buybacks Instead of Employee Raises
In his feud with yet another country, Trump has jeopardized the quality of life of millions of Americans already living paycheck to paycheck. His trade war with China will not end well, and it doesn’t appear to be wrapping up anytime soon. In the meantime, the working and middle class will suffer. For those who know little about trading and tariffs, Trump’s boisterous approach to … Continue reading Tariffs are a Tax on the Middle and Working Classes
For far too long, state and congressional districts have been mapped according to party lines. This may no longer be the case in Wisconsin. In 2016, a federal court in the state ruled that the Republican-crafted map was unconstitutional after Democrats received a majority of the statewide votes in 2012 and 2014, but just 39 out of 99 seats in the state legislature. For the … Continue reading Democracy Under Siege in Wisconsin
Whether it’s the monied bail system, the corruption of officers and prosecutors, or the financial interests of for-profit prisons, there are economic and institutional powers that require a consistent flow of offenders and non-offenders to be put behind bars and forever marred by the label “convict.” At the moment, a plurality of states disenfranchise citizens, sometimes for life, due to their criminal history. We would … Continue reading New Jersey Might (Finally) Do Something About its Practice of Disenfranchisment
The Department of Labor (DOL) recently proposed a new rule that would allow employers to take their workers’ tips, so long as they pay them the minimum wage. If finalized, this rule could cost workers $5.8 billion annually. For workers who rely on tips to make up the difference on their $2.13/hr wage, this would be an economic disaster. Women would be affected most, as … Continue reading Tip Stealing: the Latest Attack on Low-wage Workers
On International Women’s Day, we celebrate the extraordinary achievements and everyday contributions of women across the world and throughout time. When given equal access to education and opportunities, women improve the world around them. Unfortunately, a number of obstacles disproportionately disadvantage women worldwide, and public policy in the U.S. is no exception, particularly given the absence of federally mandated paid family and medical leave. When … Continue reading By the Next International Women’s Day, We Could (and Should) Have Paid Family and Medical Leave
On January 27, Patriotic Millionaire Roberta Kaplan was presented with the Gold Medal Award, the highest honor awarded by the New York State Bar Association. Kaplan is a civil rights lawyer who came to prominence for representing Edith Windsor in United States v. Windsor (2013). As counsel, Kaplan argued that the Defense of Marriage Act (DOMA) was unconstitutional. Her success in the case paved the … Continue reading Patriotic Millionaires in the Spotlight: Roberta Kaplan
Despite not being nominated for any awards, the Time’s Up movement was the star of last night’s Golden Globe Awards. Men and women attending the ceremony wore black in solidarity with those working to end workplace harassment, and numerous actresses used their platforms to speak about the newly established legal defense fund. Before it’s formal launch, the Time’s Up Legal Defense Fund had already raised … Continue reading Patriotic Millionaires in the Spotlight: Roberta Kaplan
After weeks of late night revisions and rushed votes, congressional Republicans have passed the final version of the Tax Cuts and Jobs Act. Here are a few of the most egregious aspects of the bill that made the final cut: The #CorkerKickback. This provision would allow income on real estate LLCs to be taxed at a lower rate. It was added during the reconciliation process, and … Continue reading Republicans Passed a $1.5 trillion Payoff to Their Donors
Yesterday evening, Monday August 21, Treasury Secretary Steve Mnuchin made a statement that effectively reversed Donald Trump’s campaign promise to close the carried interest loophole.
The outcome of yesterday’s special election in Georgia’s 6th congressional district proves one thing: Democrats can’t just spend their way into a seat.
Tuesday the Illinois State Senate took a bold step in fighting inequality by becoming the first state chamber in the country to vote in favor of closing the carried interest loophole.
The following letter was sent to the DC Council on May 18, 2017 by The Patriotic Millionaires, the DC Chapter of Resource Generation, and Andy Shallal, DC resident and owner of Busboys and Poets.
Today, in response to President Trump’s trickle-down tax plan, the Patriotic Millionaires announced a vital new campaign: Defend the Estate Tax.
President Trump’s trickle-down tax plan looks like nothing more than another attempt to cut taxes for the wealthy.
This morning the Patriotic Millionaires took to the streets once again to fight for a fair minimum wage. Vice-chair Stephen Prince spoke at a rally to raise the minimum wage alongside Senators Bernie Sanders, Patty Murray, and Chuck Schumer.
Tuesday the Patriotic Millionaires took to Annapolis to fight for a fair wage as the Economic Matters Committee in the Maryland House of Delegates began hearings on a bill to raise the state minimum wage to $15 an hour.
Today the Senate paved the way for a vote on Monday to confirm President Trump’s pick for the Treasury Secretary, Steve Mnuchin. On behalf of the entire organization, Chair Morris Pearl has released the following statement urging the Senate to understand that Mnuchin is not fit to be Treasury Secretary
Last Friday President Trump signed an executive order that laid the groundwork for repealing Dodd-Frank, the financial regulation legislation put in place in the aftermath of the 2008 financial crisis intended to keep an economic disaster of such magnitude from happening ever again.