As a thank you to his working-class supporters, the billionaire takes the next step toward eviscerating the Obama-era overtime expansion.Â
Trickle Downers
Posted inWorking in America
The Perils of $7.25
Reflections on eight years of a minimal minimum wage
Posted inEconomic Policy
Speaker Ryan, Adrift in Massachusetts
Paul Ryan talks trickle-down taxation with workers in one of the poorest cities in the state.
Posted inEconomic Policy
House GOP Budget Comes Straight from the Trickle-Down Playbook
The Republicans’ budgetary blueprint paves the path for tax cuts for the wealthy, a military buildup, and spending cuts for entitlement programs.Â
Posted inLaw and Justice
GOP Eager to Repeal Rule that Allows Consumers to Sue Conniving Banks
Republicans pretend it’s about dismantling the “administrative state.” But it’s all about market power.Â
Posted inHousing and Transportation
As Trump Gears Up for Big Tax Cuts, Seattle Opts to Tax Wealthy
The progressive city is once again paving the way, and strongly rebuking trickle-down economics.Â
Posted inCivil Rights in America
Does the Fed Think Black Lives Matter?
Putting the brakes on the economy would disproportionately damage black America.
Posted inWorking in America
Will Trump Kill the CFPB?
Created in response to the financial crisis, the Consumer Financial Protection Bureau has returned nearly $12 billion to consumers—which may be exactly why it’s now under threat.
Posted inMoney, Politics, and Power
Kansas Redux: Illinois Legislature Overrides Governor’s Austerity Politics
It’s becoming increasingly clear that conservative governors trying to push trickle-down tax cuts for the rich and austerity for everyone else will, eventually, face a political backlash. Once again, a bipartisan coalition of fed-up legislators has overridden their intransigent governor’s veto to keep their state from driving off the cliff. On Thursday, Illinois Republicans joined […]
Posted inEconomic Policy
Republicans Want to Make Deficit-Busting Tax Cuts Permanent
Real tax reform is hard. So a growing bloc of tax-cut enthusiasts wants to rewrite the rules of the game to secure rate reductions for the rich.
