Category Archives: Uncategorized

Gig workers deserve better

In recent months, employees at a number of big-box corporations – most notably Starbucks, Amazon, Apple, REI, and Trader Joe’s – have taken historic first steps in organizing unions. For far too long, these and other companies in the service industry have treated their employees poorly, so it’s great to see workers all over the country join forces to fight back. As it happens though, these brave employees leading unionization efforts … Continue reading Gig workers deserve better »

Biden’s inflation strategy? Tax the rich

Yesterday, President Joe Biden penned an op-ed for the Wall Street Journal that outlines his three-part plan to fight inflation. We encourage you all to read it here if you haven’t already. For today’s Closer Look, we would like to highlight one of the three parts of Biden’s plan that rarely gets the attention it deserves when policymakers are talking about solutions for inflation: taxing the rich. … Continue reading Biden’s inflation strategy? Tax the rich »

Unions Benefit Us All

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 »

Earth to Davos! Tax the Rich

This week, nearly 2500 world leaders are gathering in Davos, Switzerland for the World Economic Forum Annual Meeting – better known as simply “Davos.” This is the first time since the start of the pandemic that international elites have gathered together in person for the annual conference. At Davos, some of the world’s richest and most powerful people gather in exclusive private meetings to discuss how to … Continue reading Earth to Davos! Tax the Rich »

Global Millionaires Demand Davos Attendees Tax The Rich

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 

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  »

The Supreme Court is Wrong on Campaign Finance

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 »

We need to tackle excessive CEO pay and wealth

Yesterday, The Wall Street Journal released a new bombshell report on the record-breaking rise in CEO pay. For this week’s Closer Look, we want to highlight some of the report’s biggest findings and the ways in which they underscore the urgent need to tackle excessive CEO pay and wealth in America. According to the report, median pay for CEOs at American S&P 500 companies rose to … Continue reading We need to tackle excessive CEO pay and wealth »

Want to keep workers around? Pay them more

In case you missed it, the Bureau of Labor Statistics released its April jobs report last week. For today’s Closer Look, we’d like to highlight both the good news and the bad news from the report and offer our take as to what can be done about the bad news. The good news is that the economy continues to rebound from the pandemic. Last month, no … Continue reading Want to keep workers around? Pay them more »

Why I Am A Patriotic Millionaire: Jeff Huggett

At some point in everyone’s life they’ve been asked the hypothetical question, “So what would you do if you didn’t have to work for a living?” And for most of my life, that question was nothing more than an interesting thought experiment. Just something nice to think about, but of course I’d never achieve anything like that. So it came as a surprise to me … Continue reading Why I Am A Patriotic Millionaire: Jeff Huggett »

Patriotic Millionaires: Henry Cuellar “Does Not Deserve the Establishment’s Support” 

Patriotic Millionaires: Henry Cuellar “Does Not Deserve the Establishment’s Support”  “Not every Democrat has to agree on every issue, but some are non-negotiable.”  Washington DC – On May 24th, Representative Henry Cuellar will face off against primary opponent Jessica Cisneros in a runoff election that will serve as a proxy battle for the soul of the Democratic party. Jessica Cisneros, who was endorsed by the Patriotic … Continue reading Patriotic Millionaires: Henry Cuellar “Does Not Deserve the Establishment’s Support”  »

Corporations are bragging about inflation price-gouging

Rising inflation continues to dominate headlines at home and around the world. There is simply no getting around the fact that prices for rent, groceries, gas, and other everyday essentials continue to rise and break records. As our wallets feel the squeeze at the grocery store and the gas pump, it’s easy to be misled by pundits providing convenient scapegoats like a “red-hot labor market” and … Continue reading Corporations are bragging about inflation price-gouging »

Facing Inflation, Congress Must Raise the Minimum Wage

Nearly everyone is feeling the effects of inflation these days. With an 8.5% inflation rate over the last year, prices are rising in almost every sector of our economy, and millions of American families are having a harder time affording the essentials. While this is a widespread crisis, it’s one that is particularly devastating for our nation’s low-wage workers. The federal minimum wage currently sits … Continue reading Facing Inflation, Congress Must Raise the Minimum Wage »

Secure Act 2.0: Further Bastardization of Good Legislation to Benefit the Rich

In its original form, the Employee Retirement Income Security Act of 1974 (ERISA) and its offshoots, including individual retirement accounts (IRAs), was an extraordinary piece of legislation. It created vehicles for workers not covered by pensions to save for retirement on a tax-advantaged basis. They could establish an IRA simply by filling a form.  Unfortunately, over the years, ERISA’s were hijacked by Wall Street. What … Continue reading Secure Act 2.0: Further Bastardization of Good Legislation to Benefit the Rich »

Musk’s Twitter buyout is all about billionaire power

Yesterday, Twitter accepted a $44 billion buyout offer from Elon Musk, the CEO of Tesla and SpaceX and richest man in the world. The buyout will take one of the world’s largest and most popular social media platforms private. The news has dominated headlines around the world since it broke. While politicians and media pundits have largely been discussing how the move will impact the future of Twitter itself … Continue reading Musk’s Twitter buyout is all about billionaire power »

Why Billionaires Don’t Stress About Tax Day

This past Monday was Tax Day, which is undoubtedly no American’s favorite holiday. But the pain of Tax Day is not shared by all. While the typical American pays a good amount of every paycheck in taxes and hopes to get a refund after submitting their return, the ultra-wealthy have a variety of tools at their disposal that allows them to keep Tax Day virtually … Continue reading Why Billionaires Don’t Stress About Tax Day »

This Tax Day, It’s All About Billionaires

In case you missed it (and we hope you didn’t), yesterday was Tax Day in America. It was the last day for millions of Americans to file their federal, state, and local tax returns for the 2021 fiscal year. Most Americans dutifully pay their fair share in taxes by the tax filing deadline every year but, unfortunately, there is one group of people that notoriously … Continue reading This Tax Day, It’s All About Billionaires »