The tax would raise $5.4 trillion in revenue and still leave the world’s billionaires about $55 billion richer.
Economy & Labor
A new report suggests several potential policy solutions to reverse the decades-long trend of soaring CEO pay.
The Real Corporate Profits Tax Act would create a 7 percent tax on income over $100 million reported to shareholders.
While the new benchmark is a win for the Fight for $15, it’s still far short of a living wage say activists.
The new moratorium is “a Band-Aid over a bullet wound,” says KC Tenants Director Tara Raghuveer.
Millions of working Americans are forced to choose between paying rent, buying food or getting medicine.
Biden’s much-anticipated workplace safety rule excludes most workers — and some in the labor movement are not happy.
It appears the spread of the Delta variant had not had a major impact on the labor market, at least through mid-July.
Banks that earn most of their income from overdraft fees resemble payday lenders more than traditional banks.
Poverty could all too easily boomerang back up to pre-pandemic levels within months if we don’t keep recent measures.