This Sunday, the country will commemorate the end of slavery in America by celebrating its newest federal holiday, Juneteenth. This is an important day for Black communities across America to gather and celebrate, but it’s also a moment to reflect on how far we still have to go. Black Americans still have significantly less wealth than white Americans, earn less income, and are held back … Continue reading For Juneteenth, Let’s Abolish the Subminimum Tipped Wage »

With prices rising significantly for families across the United States, the federal government has made controlling inflation one of its top economic priorities. One of the most important ways the government has traditionally tried to limit inflation is through the Federal Reserve raising interest rates. Raising interest rates clearly can shrink inflation, but many Americans don’t understand that it does so by deliberately slowing down … Continue reading What Will Be the Effect of the Fed’s Efforts to Fight Inflation? »

When we hear talk in Congress of investing in infrastructure or funding social services, the proposals always go hand in hand with squawking from deficit hawks. Republicans and even conservative Democrats (including notoriously recalcitrant Senator Joe Manchin of West Virginia) fret about how spending money on improving our country will bring ruin by contributing to the national debt.  They’re wrong. The truth is that fears … Continue reading Don’t Fall for Deficit Fear-Mongering »

Our nation is at its most stable and prosperous when all of its citizens are supported and able to actively benefit from the fruits of a healthy economy. But too many pieces of our economy and the business world rely on human misery and contribute to growing inequality. This is both bad for society and bad for business. In contrast, an economy that is good … Continue reading Make Our Economy Work for Everyone »

Labor unions have historically used the power of collective bargaining to advocate for many of the rights we now take for granted. The 40-hour workweek, overtime pay, workplace safety regulations, and the right to organize and negotiate with employers are just a few things that wouldn’t exist in America if it weren’t for the struggle of organized labor. Allowing workers the ability to organize and … Continue reading Unions Benefit Us All »

GLOBAL MILLIONAIRES DEMAND DAVOS ATTENDEES TAX THE RICH Over 150 wealthy signatories of ‘In Tax We Trust’ letter call on Davos elites to step out of their private gatherings and address global inequality Their message comes alongside new data showing that a tax on the pandemic profits of food/agriculture billionaires alone could end world hunger   Davos, Switzerland – On the third day of the Davos conference, as … Continue reading Global Millionaires Demand Davos Attendees Tax The Rich »

Millionaires Protest in Davos Against Extreme Wealth and Call for Wealth Taxes  WHAT:  As the annual meeting of the World Economic Forum opens in Davos, Patriotic Millionaires, Patriotic Millionaires UK, and taxmenow join activists from the 99% Initiative and protest outside the elite compound, calling for an end to extreme wealth and support for wealth taxes. WHEN: Sunday 22 May, 1500CEST WHERE:  Postplatz, Davos, Switzerland ————————————————————————————————————————— Davos, Switzerland – As … Continue reading Millionaires Protest in Davos Against Extreme Wealth and Call for Wealth Taxes  »

If recent years have taught us anything, it’s that our democracy is fragile and needs to be protected. But earlier this week, the Supreme Court did the opposite. The Court ruled on Monday in a case involving Texas Senator Ted Cruz that campaign donors should be allowed to replenish political candidates’ personal wealth after election campaigns have concluded. This decision effectively opens politicians up to … Continue reading The Supreme Court is Wrong on Campaign Finance »