Truthout
Economy
Rev. William Barber to Democrats: “Stick Together” and Pass the $15 Minimum Wage
An estimated 140 million people in the U.S. were already living in poverty before this pandemic.
To Renew Our Democracy, We Need to Tax the Ultrarich
After the tech sector, Wall Street is the second highest source of wealth for American billionaires.
Elizabeth Warren Unveils 2 Percent Wealth Tax on “Ultra-Millionaires”
The Ultra-Millionaire Tax Act of 2021 calls for a 2 percent tax on wealth between $50 million and $1 billion.
Progressives to VP Kamala Harris: “Use Your Power. Keep $15 in.”
The Senate parliamentarian's opinion on the minimum wage hike is not binding, and Harris has the authority to ignore it.
Black Families Have a Major Stake in the Postal Service’s Future
USPS has long been a major source of good middle-class jobs for Black workers.
As US Mourns 500,000 Lives, Billionaires Gained $1.3 Trillion During Pandemic
The U.S.'s 664 billionaires now have a combined net worth of $4.2 trillion.
COVID Aid Has Been Too Small to Pull Millions of Families Out of Severe Hardship
There is an undeniable need for further government aid just to ensure that tens of millions of families can get by.
Manchin and Sinema Push Back Against $15 Minimum Wage
So far, Democratic leadership in both chambers is standing with striking workers over moderate Democrats.
$15 Minimum Wage Would Have Bigger Budget Impact Than GOP Tax Cuts, Says CBO
“I believe that we will succeed in including the minimum wage in the reconciliation bill,” said Sen. Bernie Sanders.
Profiting From Desperation: Oxygen Tanks Become an Underground Market in Mexico
The demand for oxygen in Mexico has grown by 700 percent over the past month, and desperate people are being exploited.