Thanks, But No Thanks: Stop Bleeding the Middle Class to Cut Our Taxes

It’s Tax Day, so by now Americans have had a chance to see how their filings stack up against Trump’s promises. Working folks are largely unimpressed, but millionaires like us made out like bandits. When Republicans pitched the Tax Cuts and Jobs Act of 2017 (TCJA), they sold it as a tax break for the middle class, but despite lower income tax rates and a … Continue reading Thanks, But No Thanks: Stop Bleeding the Middle Class to Cut Our Taxes »

The Patriotic Millionaires Present: TAX THE RICH! Livestream

Whether it’s democratic socialist Rep. Alexandria Ocasio-Cortez (D-NY) campaigning for it on Twitter or angry pundit Tucker Carlson foaming at the mouth about it on his nightly Fox News show, everyone is talking about taxing the rich. This is an issue that is set to dominate American political debate heading into the 2020 elections. In that spirit, the Patriotic Millionaires are launching a multi-year, multi-platform … Continue reading The Patriotic Millionaires Present: TAX THE RICH! Livestream »

The Golden Arches Stand Down in the Fight for $15

“Ultimately, progress must come from all corners of society.” Those words came from an unlikely source on Tuesday, when Genna Gent, Vice President of Government Relations for McDonald’s, sent a letter to the National Restaurant Association announcing that the fast-food behemoth would no longer lobby against minimum wage increases at federal, state, or local levels. Instead, she said, the company would move to “advance – … Continue reading The Golden Arches Stand Down in the Fight for $15 »

An Ultra-Millionaire Tax Will Make New York Better. Why Is Cuomo Resisting?

While the country’s eyes have been turned towards the big, bad federal budget for the past week, there’s an important fight brewing in New York over the state’s own budget, due on April 1st. This disagreement pits New York Governor Andrew Cuomo and a small group of lawmaker holdouts against the will of the majority of New Yorkers in a battle to include higher taxes … Continue reading An Ultra-Millionaire Tax Will Make New York Better. Why Is Cuomo Resisting? »

Campaign Finance Reform Will Literally Save Lives

There is no amount of money that equals the worth of a human life. This should be the preface to every debate we have about our gun laws in this country, and the only afterword to every mass shooting. It is what we should remind ourselves of, shamefully, when our government does absolutely nothing to stop the next shooting because of the stranglehold that the … Continue reading Campaign Finance Reform Will Literally Save Lives »

Getting Serious About Higher Education Inequality

In the wake of the rampant, widespread cheating uncovered in last week’s college admissions scandal, there’s been a renewed focus on the different admissions standards that money can buy. This has been a well-documented problem for years, but it seems like the scale of this latest scandal is sparking some new proposals to tackle this issue head-on. On Wednesday, Senator Ron Wyden (D-Oregon) announced his … Continue reading Getting Serious About Higher Education Inequality »

Maryland In Final Stretch For $15 Minimum Wage

The Maryland Senate made a crucial step forward in ensuring the economic security of its labor force this week, when it approved a hard-fought bill to raise the state’s minimum wage to $15 for most workers by the end of 2025. Though organizers and labor groups have been tirelessly fighting for this for years, this is the first time a bill to raise the wage … Continue reading Maryland In Final Stretch For $15 Minimum Wage »

All the Awful Cuts (So Far) in the Trump Budget

It’s been well noted by now that the Trump administration’s budget proposal released on Monday is a blatant cash grab that would transfer trillions from the poorest in American society to the ultra wealthy. It does this by gutting public services in order to fund extensions for the reckless, unnecessary tax cuts the administration gave to wealthy Americans in 2017. For the normal people in … Continue reading All the Awful Cuts (So Far) in the Trump Budget »

The Big Tax Problem in Trump’s Budget

There’s already been a huge backlash against the Trump administration’s 2020 budget proposal since it was released on Monday, and for good reason. The plan is disastrous for a myriad of reasons, but so far, there hasn’t been much discussion about the way it conceals – and even worsens – the consequences of the 2017 Tax Cuts and Jobs Act. Those initial tax cuts are … Continue reading The Big Tax Problem in Trump’s Budget »

What’s in HR 1? Corporate Spending on Elections

This blog is one in a series on HR 1, the For The People Act. Corporate Spending on Elections As their first order of business, House Democrats introduced HR 1 as soon as the new 2019 Congress came into session. An anti-corruption, pro-democracy reform bill, the For The People Act is aimed at improving our democracy for all Americans by limiting the corrupting influence of … Continue reading What’s in HR 1? Corporate Spending on Elections »

House Dems Votes “Yes” on HR 1, the For The People Act

As their first order of business, House Democrats introduced HR 1 as soon as the new 2019 Congress came into session. An anti-corruption, pro-democracy reform bill, the For The People Act is aimed at improving our democracy for all Americans by limiting the corrupting influence of money in politics and making voting easier, not harder. Today, it passed in the House without any Republican support. … Continue reading House Dems Votes “Yes” on HR 1, the For The People Act »

Sen. Elizabeth Warren Says No To Private Meetings with Big Donors

This week, Senator Elizabeth Warren (D-MA) announced she would not attend private fundraisers or one-on-one meetings with big donors. In doing so, she is declining to participate in a traditional avenue of fundraising, potentially crippling her campaign’s ability to raise money from the start. But in doing so, she is making a powerful statement that is likely to reverberate throughout the Democratic primary: the time … Continue reading Sen. Elizabeth Warren Says No To Private Meetings with Big Donors »

$15 Minimum Wage a Win for All Illinoisans

The road to every working American being able to afford their basic needs took a big leap forward last week when Illinois Governor J.B. Pritzker signed legislation to raise the state’s minimum wage to $15 an hour by 2025. Illinois now joins the growing number of states who are listening to the concerns of their workers and challenges they face from rising wealth inequality and … Continue reading $15 Minimum Wage a Win for All Illinoisans »

Indexing Capital Gains to Inflation Just Another Tax Cut for the Wealthy

Recently, conservative groups sent a letter to Trump asking him to again consider using his executive powers to index capital gains to inflation. Not only would this ridiculous proposal hand billions more in tax cuts to the wealthiest Americans, but it’s not even constitutional. The letter argues that individual income tax brackets are adjusted for inflation, so capital gains, which are the profits from an … Continue reading Indexing Capital Gains to Inflation Just Another Tax Cut for the Wealthy »

Closing In on Trump’s Tax Returns

Last week, we inched closer to knowing just what, if any, conflicts or tax evasions our Commander in Chief is hiding from the American people. During a House Ways and Means subcommittee hearing, Democratic members made their case for why it is imperative to see President Trump’s tax returns. Since announcing his candidacy, President Trump has refused to release his tax returns, making him the … Continue reading Closing In on Trump’s Tax Returns »

Our Democracy Needs Fixing

In the two months after Republicans introduced the Tax Cuts and Jobs Act (TCJA), their massive tax overhaul in 2017, millionaires and billionaires “dramatically boosted” their political donations, contributing over $31 million in 60 days. This is just one the latest examples of the corrupting influence of money in politics. While it makes sense that if a member of Congress shares one’s views, that person … Continue reading Our Democracy Needs Fixing »

Republicans Relying on Lies to Repeal Estate Tax

For the second time in as many years, Sen. John Thune (R-SD) is leading the charge in repealing the federal estate tax. With wealth inequality flourishing and public opinion moving in favor of higher taxes on the wealthy, removing this tax on inheritances will only make the gulf between the rich and poor wider. Sen. Thune’s bill is and should be unpopular. However, because of … Continue reading Republicans Relying on Lies to Repeal Estate Tax »