Truthout
Economy & Labor
![Chinese New Year Parade](https://truthout.org/app/uploads/2024/01/GettyImages-540824661-400x300.jpg)
Inside the Movement to Save Philly’s Chinatown From a New NBA Arena
Organizers in Philadelphia's Chinatown are drawing from generations of resistance to face an “existential threat.”
![A digital illustration of hands grating a house with people still in it into money, over a plate already overflowing with money.](https://truthout.org/app/uploads/2024/01/2024_0120-wealth-extraction2-1-400x300.jpg)
The Only Solution to “Wealth Supremacy” Is a Democratic Economy
Our economy must center human outcomes rather than rising share prices, says social theorist and author Marjorie Kelly.
![Young woman calculating financial bills at home](https://truthout.org/app/uploads/2024/01/GettyImages-1479184757.jpg)
Bipartisan Tax Bill Offers Generous Corporate Tax Relief, Inadequate Poverty Aid
A proposed bill increases the child tax credit, but fails the poorest families. Yet corporations would see a windfall.
![An outreach worker delivers supplies to people living in a homeless camp on December 23, 2022, in Louisville, Kentucky.](https://truthout.org/app/uploads/2024/01/2024_0117-kentucky-400x300.jpg)
Kentucky GOP’s New Bill Decriminalizes Use of Deadly Force Against the Unhoused
"I'm just ashamed that this bill even came into fruition,” a Lexington council member said.
![BNSF heiress Marlene Engelhorn holds a sign reading "TAX THE RICH" during an outdoor demonstration](https://truthout.org/app/uploads/2024/01/2024_0117-tax-rich-400x300.jpg)
Poll: 74 Percent of Millionaires in G20 Countries Support Higher Taxes on Wealth
Meanwhile, 260 millionaires and billionaires signed a letter imploring leaders to raise taxes on rich people like them.
![The Starbucks emblem is seen on a reusable coffee cup in Annapolis, Maryland, on February 2, 2023.](https://truthout.org/app/uploads/2024/01/2024_0116-starbucks-400x300.jpg)
SCOTUS Will Hear Starbucks Case Arguing Against Key Labor Law Enforcement Tool
“Starbucks just expanded its war on its own employees to a war on all U.S. workers,” the union said.
![From left: Warren Buffett, Elon Musk and Jeff Bezos are among the five richest men in the world.](https://truthout.org/app/uploads/2024/01/2024_0112-buffett-musk-bezos-400x300.jpg)
World’s 5 Richest Men Have Added $14M to Their Wealth Every Hour Since 2020
Elon Musk was the biggest winner of the last three years, multiplying his fortune by over seven times.
![Striking Andover teachers gathered on the Town Common in Andover, Massachusetts, on November 13, 2023.](https://truthout.org/app/uploads/2024/01/GettyImages-1783382736-400x300.jpg)
Massachusetts Teachers Are Making Waves and Winning Demands With Illegal Strikes
Public school workers can't legally strike in Massachusetts, but that hasn't stopped these teachers.
![An Uber / Lyft driver is pictured at LAX Airport in Los Angeles, California, on August 20, 2020.](https://truthout.org/app/uploads/2024/01/2024_0112-uber-lyft-400x300.jpg)
Uber, Lyft and DoorDash Workers May Gain Employee Benefits Under New Labor Rule
The new rule could ease the precarity of gig workers’ labor conditions, but companies have vowed to oppose it.
![U.S. Department of the Treasury Internal Revenue Service (IRS) 1040 Individual Income Tax forms.](https://truthout.org/app/uploads/2024/01/2024_0110-1040s-400x300.jpg)
In 41 States, Richest 1 Percent Pay Lowest Tax Rate of Any Group
In 34 states, the families with the lowest incomes pay the highest tax rate of any other group.