Lisa Larson-Walker/ProPublica. Photos: Elon Musk (Tristar Media/Getty Images), Jeff Bezos (Mandel Ngan/AFP via Getty Images), Michael Bloomberg (Joshua Lott/AFP via Getty Images), Warren Buffett (Taylor Hill/FilmMagic/Getty Images)
Posted in Analysis Pro Publica Taxes Wealth

The Secret IRS files: Trove of never-before-seen records reveal how the wealthiest avoid income tax

ProPublica has obtained a vast cache of IRS information showing how billionaires like Jeff Bezos, Elon Musk and Warren Buffett pay little in income tax compared to their massive wealth — sometimes, even nothing. by Jesse…

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G7 Countries Reach Deal on 15% Global Minimum Tax Rate for Multinational Corporations
Posted in Corporate Taxes Economy News world

G7 countries reach deal on 15% global minimum tax rate for multinational corporations

One critic of the agreement said that “by settling for anything less than a 25% tax rate, the G7 is telling their citizens and the world that they’re willing to keep the race to the bottom…

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Posted in Analysis Unemployment

Biden faces backlash over ‘shameful’ capitulation to GOP governors as they end unemployment lifelines

“You only take back the lifeline when people aren’t drowning,” said Claire Guzdar of the Groundwork Collaborative. by Jake Johnson, Staff Writer June 5, 2021 Biden administration officials publicly signaled Friday that they have no intention…

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https://www.commondreams.org/
Posted in Analysis Arizona Restart 2021 Unemployment insurance

GOP Governors’ termination of jobless aid could cost local economies over $12 billion

“If states proceed with their plans to end these critical programs, they will be ripping the rug out from under millions of Americans and further hindering our economic recovery.” by Jake Johnson, staff writer Thursday, June…

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Sen. Bernie Sanders (I-Vt.) speaks to reporters following a vote at the U.S. Capitol on April 12, 2021 in Washington, D.C. (Photo: Drew Angerer/Getty Images)
Posted in Infrastructure Politics Restart 2021

Sanders warns Dems could lose Congress if they get mired in ‘never-ending’ negotiations with GOP

“The Democrats in Congress must move forward boldly, protecting the working families of our country and restoring faith in government. Yes, the future of the country is at stake.” by Jake Johnson, staff writer Friday, May…

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Members of Britain's GMB Union demonstrate outside Amazon's United Kingdom headquarters on May 26, 2021 as part of a #MakeAmazonPay global day of action for workers' rights. (Photo: War on Want/Twitter)
Posted in Corporate Taxes Labor Wealth

Workers stage Global Day of Action to #MakeAmazonPay

“Loud and clear, Amazon’s producers, distributors, and delivery drivers are telling Jeff Bezos: pay your workers.” by Brett Wilkins, staff writer   Asserting that workers—not CEO Jeff Bezos—drive Amazon’s success, employees of the world’s largest online…

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Climate activists protest on the fist day of the ExxonMobil trial outside the New York State Supreme Court building on October 22, 2019 in New York City. (Photo: Angela Weiss/AFP via Getty Images)
Posted in Business Climate change

Activist Investors Score Surprise Win With ExxonMobil Board Seats

‘A Seismic Shift’ for Big Oil “The outcome is a sign that Exxon’s morally inept and fiscally questionable long-term climate strategy is finally catching up with it,” wrote one journalist. by Kenny Stancil, staff writer Wednesday,…

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Posted in News Restart 2021 Unemployment

Anger grows as GOP Governors cut off jobless benefits

‘Attempting to Starve People Back to Work’ Meanwhile, the Biden administration is under fire for claiming it is powerless to prevent states from ending the $300 weekly unemployment boost. by Jake Johnson, staff writer Friday, May…

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Sen. Bernie Sanders (I-Vt.) speaks during the confirmation hearing for Secretary of Energy nominee Jennifer Granholm on January 27, 2021 in Washington, D.C. (Photo: Graeme Jennings—Pool/Getty Images)
Posted in Arizona News Unemployment insurance

Sanders urges Labor Secretary to protect jobless benefits as GOP governors race to cut them off

Az Gov. Ducey moves to cut fed unemployment help The Vermont senator warned that many workers “will be forced into poverty” if Republican leaders are permitted to end emergency unemployment benefits. by Jake Johnson, staff writer…

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Posted in Columns Restart 2021 Wade Rathke Workers

Are unemployed workers striking?

by Wade Rathke May 12, 2021 A small group of state governors have announced that their states may abandon the supplemental unemployment program way before its September expiration. The number of Republican governors making the announcement…

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A new report finds that 51 of the nation's 100 biggest low-wage employers manipulated their rules to boost executive pay while offering their workers few safeguards against the pandemic and resulting economic meltdown.(Image: Institute for Policy Studies)
Posted in Analysis Bailout 2020 Wealth

Corporations rigged rules to boost pandemic pay of CEOs

“By inflating executive compensation while their workers struggled during a pandemic, corporate boards have strengthened the case for tax penalties on huge CEO-worker pay gaps.” by Jake Johnson, staff writer Tuesday, May 11, 2021   Dozens…

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Posted in Business Indigenous News

Native-owned SkyDance Brewing moving to its own location

by Jazz M. Wolfe, Gaylord News Monday, May 10, 2021 Oklahoma’s first Native American-owned brewing company, inspired by the recipes of the owner’s father, will open an independent location this summer. Jacob Keyes, a member of the…

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Derrick Davis, a member of West Virginia New Jobs Coalition, hangs up signage during a community gathering and job fair on April 8, 2021 in Charleston, West Virginia. (Photo: Emilee Chinn/Getty Images for Green New Deal Network)
Posted in Jobs News Restart 2021

As hiring undershoots expectations, Biden urged to go big with $10 trillion jobs plan

“Millions of people are out of work, and the unemployment rate is rising. The real risk isn’t doing too much—it’s doing too little.” by Jake Johnson, staff writer May 7, 2021   Analysts expected Friday’s April…

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Food delivery driver Jorge Vargas honks a horn while driving his vehicle in a car caravan strike by fast food workers and their supporters on February 9, 2021 in Los Angeles. (Photo: Frederic J. Brown/AFP via Getty Images)
Posted in Labor Minimum wage News

Pay a Living Wage or ‘Flip your own damn burgers’: progressives blast right-wing narrative on jobs

“If one in four recipients are making more off unemployment than they did working, that’s not an indictment of $300 a week in UI benefits. It’s an indictment of corporations paying starvation wages.” by Kenny Stancil,…

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A sign thanking nurses at the South Entrance of Maine Medical Center on May 12, 2020 in Portland, Maine. (Photo: Derek Davis/Portland Press Herald via Getty Images)
Posted in Labor News Nurses

Nurses at Maine’s largest hospital vote to unionize

‘A Dream Come True’ “It’s a new day for nurses and patients across Maine.” by Jake Johnson, staff writer Friday, April 30, 2021   Registered nurses at Maine’s largest hospital have voted to form their first…

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Posted in Analysis Citizen Wealth COVID Reboot 2021

Third round of coronavirus relief checks led to largest monthly rise in household income since 1959

“This is what happens when you opt for investing in working people over trickle-down economics.” by Julia Conley, staff writer Friday, April 30, 2021   The third round of coronavirus relief checks, which have been sent…

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Posted in Analysis Wealth Tax Workers

How Biden’s paid leave proposal would benefit workers, their families and their employers too

by  Joya Misra, University of Massachusetts Amherst Friday, April 30, 2021   Making ends meet when you have a newborn is easier with paid family leave.   John Moore/Getty Images.   The Biden administration is proposing a…

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Posted in Analysis Toxic Chemicals Worker Safety

Arizona study examines health risks faced by female firefighters

By Emma Ascott/Cronkite News April 15, 2021 PHOENIX  –  Nicole Minnick had been a firefighter for seven years when she gave birth in 2008 to her first child, a girl named Kyndal. A few months later,…

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Posted in Taxes Wealth

Jayapal calls for crackdown on wealthiest after IRS chief says tax evasion costs US $1 trillion a year

“We don’t just need a wealth tax, we also need to give the IRS the tools it needs to make sure the ultra-rich finally pay their fair share.” by Kenny Stancil, staff writer April 15, 2021…

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Posted in Analysis Infrastructure Sustainability

With enough political will, all new US car and truck sales can be electric by 2035: study says

“Every year America stalls… we miss the ever-narrowing window to address the climate crisis and ensure a livable planet.” by Jake Johnson, staff writer Thursday, April 15, 2021 A study released Thursday morning by researchers at…

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Posted in Taxes Wealth

719 billionaires now own four times more wealth than poorest 165 million Americans combined

“Congress should act to restore taxes on the wealthy and limit further democracy-distorting concentrations of wealth and power.” by Jake Johnson, staff writer Thursday, April 15, 2021 After seeing their fortunes surge during the deadly coronavirus…

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Posted in Columns Labor Wade Rathke

A hard look at the Amazon Bessemer union election – Part I

by Wade Rathke April 10, 2021 Pearl River The results of the union election at the Amazon warehouse in Bessemer, Alabama are finally tallied and the scorecard by the numbers was 1798 voting NO to be…

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Posted in Columns Labor Wade Rathke

A Hard Look at the Amazon Bessemer Union Election – Part II

by Wade Rathke April 11, 2021 Pearl River    There’s no way to put sugar in your coffee. The union’s loss at Amazon is deeply disappointing. A victory would have been a huge blast of wind…

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Amazon founder and CEO Jeff Bezos speaks to the media on the company's sustainability efforts on September 19, 2019 in Washington, D.C.
Posted in Labor News Worker Safety Workers

NLRB says Amazon firing of workers illegal retaliation

The workers are demanding better climate, labor policies. “It’s clear that Amazon has been violating the law when it tries to silence workers who speak out,” said Christy Hofmann, general secretary of UNI Global Union. by…

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