Truthout
Economy
Big Food Producers Are Profiteering Off Inflation — and Bragging About It
Big chains and suppliers like Tyson, P&G and Kroger are expanding profits by raising prices -- just because they can.
Texas’s Power Woes Are Just the Latest Reminder of the Danger of Privatization
Communities across the country are organizing against private interests to take control of their energy systems.
Ocasio-Cortez Says Canceling Student Debt Should Be Top Priority for Biden
“One of the single most impactful things President Biden can do is pursue student-loan cancellation,” she said.
Tesla May Pay $0 in Federal Taxes This Year, According to Its Financial Filings
The $900 billion company claims that most of its billions of dollars in profits came from overseas.
Inflation Crisis Is Being Resolved on Backs of Workers. It Doesn’t Have to Be.
Workers must unite to demand wage and benefit increases, and price freezes on vital goods and necessities.
“Stunning Jobs Report” Ignores Acute Unemployment Among Native Americans
Rosy labor market reports are ignoring the plight of Native American workers, who face “crisis levels” of unemployment.
Amazon Dodged $5.2 Billion in Taxes Last Year, Report Finds
The company was able to dodge taxes despite making a record profit of $35 billion last year.
US’s Richest Families Set to Dodge $8.4 Trillion in Taxes Over Next Decades
“No justification exists for the failure of policy makers to end this scandal,” report authors wrote.
Inflation Policies Must Deal With Impact of Rising Food Prices on the Poor
To confront inflation, we need a universal basic income funded through a progressive tax structure.
New Puerto Rico Debt Plan Is a False “Solution” Crafted to Benefit Capitalists
The plan charts a future largely absent the input of Puerto Ricans who will be most impacted by its devastating effects.