10 Inequality Victories in 2024
Our year-end review of 10 of the most inspiring inequality wins, from union drives to fair taxes to consumer protection.
Key players in the Capitol Hill budget debate are deadlocking over the U.S. corporate tax rate.
Senate Budget Committee Chair Bernie Sanders (I-Vt.) wants to push that rate up from the current 21 percent to 35 percent, the corporate tax rate before the 2017 Republican tax cuts. President Biden has proposed hiking the current rate to 28 percent. Sen. Joe Manchin (D-W.Va.) has set his sweet spot at 25 percent.
Other than arm wrestling, how could all the players here resolve their differences? They could top off a corporate tax rate increase with a CEO pay surtax — an extra levy on firms that pay their top executives absurdly more than their typical workers.
This approach would have two appealing selling points for Manchin and other moderate Dems.
Read Sarah Anderson’s full op-ed in The Hill.
by Sarah Anderson and Chris Mills Rodrigo
Our year-end review of 10 of the most inspiring inequality wins, from union drives to fair taxes to consumer protection.
by Sarah Anderson
Out of America's 800 billionaires, president-elect Trump has so far plucked seven for top spots in his administration.
by Sarah Anderson
Washington state beat back efforts to repeal both a capital gains tax and a payroll tax that funds long-term care insurance. Illinois voters showed support for a tax hike on millionaires. Three red states passed paid leave.
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