Truthout
Economy & Labor
![President Joe Biden speaks during a meeting with a bipartisan group of members of Congress to discuss investments in the American Jobs Plan in the Oval Office at the White House April 19, 2021, in Washington, D.C.](https://truthout.org/app/uploads/2021/06/GettyImages-1313331159-400x300.jpg)
Business Coalition Spends Millions to Lobby Against Biden’s Proposed Tax Hikes
Several members of the coalition against tax hikes lobbied on behalf of Trump's tax cuts.
![A protester seen shouting the 72 names of the victims assassinated by police in front of the Tequendama Hotel, where the Inter-American Commission on Human Rights (CIDH) met with union leaders on June 9, 2021.](https://truthout.org/app/uploads/2021/06/2021_0611-colombia-national-strike-400x300.jpg)
A National Strike Has Reignited in Colombia — and Is Winning Some Victories
The strike forced the government to withdraw a tax on basic necessities and subsidize college for low-income students.
![A person holds a sign reading "CLIMATE, JOBS, CARE, JUSTICE" under an overpass](https://truthout.org/app/uploads/2021/06/2021_0609-banks-400x300.jpg)
Public Banking Can Improve the Lives of US Workers While Helping Save the Planet
The movement to create state-level public banks is gaining strong ground in at least 12 states.
![Senator Elizabeth Warren (D-Massachusetts) speaks during a Senate Finance Committee hearing June 8, 2021 on Capitol Hill in Washington, D.C.](https://truthout.org/app/uploads/2021/06/2021_0608-warren-speaks-in-committee-400x300.jpg)
“Tax the Rich” Gains Momentum After Explosive Report on Billionaire Tax Dodging
The report found that the wealthiest Americans are often able to dodge most, if not all, federal income taxes.
![Jeff Bezos, looking mildly uncomfortable for some reason](https://truthout.org/app/uploads/2021/06/2021_0608-bezos-400x300.jpg)
New Analysis Shows Just How Little Richest .001 Percent Pay in Taxes
Recent wealth gains of U.S. billionaires compared to IRS data show the true tax rate paid by the mega-rich.
![Parents display signs calling for paid parental leave during a protest](https://truthout.org/app/uploads/2018/05/2021_0608-parental-leave-400x300.jpg)
New Poll Says Democrats Could Win Over Swing Voters With Paid Leave
New poll of swing state voters finds support for Democrats skyrockets when they support paid family and medical leave.
![Treasury Secretary Janet Yellen speaks during a press conference after attending the G7 Finance Ministers meeting at Winfield House on June 5, 2021, in London, England.](https://truthout.org/app/uploads/2021/06/GettyImages-1233286712-400x300.jpg)
G7 Heralds 15 Percent Corporate Tax Rate. Critics Say It Fails Poorer Nations.
Tax justice advocates warn that a minimum tax rate lower than 25 percent is likely to benefit rich nations only.
![Toiling under surveillance, Amazon workers watch company videos about mindfulness in “ZenBooths” in the warehouses.](https://truthout.org/app/uploads/2021/06/GettyImages-107697744-400x300.jpg)
Corporations Are Trying to Co-opt Mindfulness to Avoid Meeting Workers’ Needs
Toiling under surveillance, Amazon workers watch company videos about mindfulness in “ZenBooths” in the warehouses.
![A "Help Wanted" sign is posted beside Coronavirus safety guidelines in front of a restaurant in Los Angeles, California, on May 28, 2021.](https://truthout.org/app/uploads/2021/06/GettyImages-1233161007-400x300.jpg)
Unemployment Falls to 5.8 Percent as Productivity Growth Quashes Inflation Fears
The recovery continues to disproportionately benefit workers with higher levels of formal education.
![](https://truthout.org/app/uploads/2021/06/seg2-biden-sachs-400x300.jpg)
Biden Offers to Keep Trump’s Tax Cuts to Win GOP Backing for Infrastructure Plan
Economist Jeffrey Sachs says a capitulation on the Trump tax cuts would be a huge mistake for the Biden administration.