Blog
The Resolution now before the New York City Council reads, in part: “In these continued difficult economic times when city and state budgets are cutting back on vital services, this tax (sometimes referred to as a Robin Hood Tax) would raise an estimated $350 Billion annually,”
Council Members Jumaane Williams and Stephen Levin announced the Resolution on the steps of City Hall, with explicit support for the Inclusive Prosperity Act...
by DEBORAH BURGER, co-president of National Nurses United
The nation is now considering cuts to Social Security that would take away a week’s grocery money from elderly women, many already living at the margins. They will join some of the nation’s children eating less, as 10 percent of U.S. households with children are “food insecure” during the year, according to government data. Last month the...
For banks, there was a bail out: trillions of dollars in tax money made into grants and guarantees for Wall Street. Having pillaged the mortgage market, at its height earning 40 percent every 60 days by hawking expensive mortgages for homes whose values were knowingly and artificially inflated, forcing millions into default, foreclosure, bankruptcy and ruin – for some homelessness, “Too-Big-To-Fail” was invoked and much of Wall...
By George Goehl
Executive Director, National People’s Action
On Wednesday, Congressman Keith Ellison, Chairman of the Progressive Caucus, introduced the Inclusive Prosperity Act, which would generate hundreds of billions of dollars a year through a tiny tax on Wall Street trading. It's the exact kind of bold leadership and legislation our nation needs right now. April 20th, a thousand people rallied in Washington in...
