Just recovery policies

Foundations for a Just Recovery Many of the policy solutions we advocate for a just recovery are cross-cutting by nature. They aim to shift mindsets, cultural norms, how people are treated, how our voices are heard, and how bedrock environmental laws are upheld, creating an overarching structure from which to fight for social, environmental, and economic justice. Honor those whose …

651 American billionaires have gained $1 trillion of wealth – they could send a $3,000 check to every person in America and still be as rich as they were before the pandemic. Trickle-Down Economics vs. Build-Up Economics

Oh, and tax rates are historically low. Yet at the same time, more than 20 million Americans are jobless, 8 million have fallen into poverty, 19 million are at risk of eviction and 26 million are going hungry. Mainstream economists are already talking about a “K-shaped” recovery – the better-off reaping most gains while the bottom half continue to slide. …

Creative rebalancing of funding that goes to the source of our problems

By Thom Hartmann, LA Progressive, Dec 2020 excerpt The only way to deal with a death-dealing cult is to end it; thus, we must embark on a campaign to defund the Republican Party. Back in 1981, the Republican Party decided to defund the Democratic Party, and actually pulled it off. While the Republican Party had principally been funded by rich …

Trickle down is false: 50 year study finds strong evidence that cutting taxes on the rich increases income inequality and has no effect on growth or unemployment in the short and long term

Hope and Limberg analyzed major tax cuts for the rich in 18 countries that are part of the Organization for Economic Cooperation and Development, including the US, Japan, and Norway, from 1965 to 2015. Lower taxes for the rich caused high earners to seek pay raises. By Grace Dean, Business Insider, December 16, 2020 | Study Suggests ‘Trickle-Down’ Economics Makes Inequality Worse. “Cutting …

61% of voters in key Election 2020 battlegrounds like Arizona, North Carolina, and Iowa would be “more likely” to vote for Senate candidates who support placing a 2 percent wealth tax “on the assets of individuals with a net worth over $50 million”

polling that Data for Progress has been conducting this past summer in 11 states, among them key Election 2020 battlegrounds like Arizona, North Carolina, and Iowa. Overall, the poll found that 61 percent of voters in these states would be “more likely” to vote for Senate candidates who support placing a 2 percent wealth tax “on the assets of individuals with a …

Big Oil’s $100 Billion Bender with Government Subsidies, Now Blumenauer Introduces Bill to End Taxpayer Subsidies to Oil and Gas Companies

The International Monetary Fund (IMF) has estimated that fossil fuels receive nearly $650 billion per year in direct and indirect subsidies in the United States. September 29, 2020   Today, U.S. Rep. Earl Blumenauer (D-OR), a senior member of the Ways and Means Committee, along with Sean Casten (D-IL), introduced legislation to eliminate nearly a dozen of the most egregious …

Denver City Council approves 0.25% sales tax increase, sending it to November ballot Cash from the increase would, if approved by voters, be dedicated to Denver’s renewable energy goals over the coming decades By CONRAD SWANSON | cswanson@denverpost.com | The Denver Post August 3, 2020 Denver City Council passed a measure to the November ballot Monday which would increase the city’s sales tax rate …

On The Illegitimacy Of Wealth And Why It Must Be Recuperated

Excerpt, July 2020, full article below The leak of the Panama Papers in early 2016 showed what many of us have known all along – that wealthy individuals have not only built massive personal fortunes through illegitimate means, but that they have also constructed elaborate “asset management” schemes which allow them to hide their money, avoid paying taxes, and hoard …

The fight for free public transit

Transit has not been sufficient to seriously shrink hyperautomobility in ‘advanced’ capitalism. Next to some steps discussed further below, measures to restrict car traffic will be necessary. Among these: phasing out car-related subsidies; severely restricting parking; stopping greenfield road expansion; giving transit, cyclists and pedestrians systematic priorities on existing roads; make planning approvals for all development contingent upon transit access; …

Start with cancelling student debt and making public colleges free: $3 or $4 dollar return on each dollar invested

We’ve seen a lot of progressive candidates build policies around free college. But it’s not just a progressive idea. The Republican-led government of the state of Tennessee created the Tennessee Promise, a program that makes certain schools free to attend for Tennessee residents. This is because for every dollar that a state spends on higher education, they get a 3 …