After the tech sector, Wall Street is the second highest source of wealth for American billionaires.
Economy & Labor
The Ultra-Millionaire Tax Act of 2021 calls for a 2 percent tax on wealth between $50 million and $1 billion.
General strikes and international solidarity are now offering the best hope to resist the military coup in Burma.
The Senate parliamentarian’s opinion on the minimum wage hike is not binding, and Harris has the authority to ignore it.
USPS has long been a major source of good middle-class jobs for Black workers.
Tens of thousands of oil and gas workers are losing their jobs. The Biden administration could hire them tomorrow.
Further, the CBO often culls negative effect studies to critique a $15 minimum wage, stoking resistance to an increase.
The U.S.’s 664 billionaires now have a combined net worth of $4.2 trillion.
Some workers in Texas are being told that they must use vacation time or forgo pay for days lost to the power crisis.
Perhaps this pandemic’s devastation will promote a debate on the failures of our ragged social safety net.