December 3, 2025                                                         Home   Subscribe  Open in Browser

 

A weekly newsletter from the Institute for Policy Studies

 

THIS WEEK

With 2026 inching ever nearer, millions of Americans remain at risk of losing the Affordable Care Act subsidies that help them pay for critically needed health care. Lawmakers currently stand no closer to a deal, and supporters of preserving access to treatment and medications have already expended the nuclear option of a government shutdown. No one really knows what they can do next.

This congressional failure to secure access to what ought to be a basic right amounts to a stunning indictment of our contemporary political scene. What billionaires don’t want, the rest of us don’t get.

But let’s borrow from the legendary songwriter and organizer Joe Hill: Now’s not the time to mourn! Millions of our neighbors are going to be facing new hardships in 2026. Let’s organize now to help them.

Mutual aid networks, union drives, and targeted campaigns can all help fill in where our government is failing. Let’s do our best to build them up!

Chris Mills Rodrigo
for the Institute for Policy Studies’ Inequality.org team

 

INEQUALITY BY THE NUMBERS

Trump at a dinner with CEOs along with the text: $1 of every $13, The amount spent in 2024 federal elections by the top 100 wealthiest Americans. In 2000, America's richest 100 only accounted for $1 of every $400 spent in federal elections. Source: The Washington Post, November 21, 2025
 

FACES ON THE FRONTLINES

Jaz Brisack and their book

An Inside Look at the Drive To Organize Starbucks Workers

This week’s frontline face: Jaz Brisack, union organizer, co-founder of Starbucks Workers United and of the Inside Organizer School, and author of Get on the Job and Organize: Standing Up for a Better Workplace and a Better World.

What Brisack is doing to help create a more equal world: Brisack has been a core activist in some of the most exciting union campaigns of recent years, efforts that have involved Nissan, Tesla, and, most notably, Starbucks.

Brisack details all that experience — from getting a job as a "salt" at a Buffalo-area Starbucks to winning representational elections at dozens of stores — in Get on the Job and Organize. But that book goes beyond recounting past experiences. Brisack’s pages expose both Corporate America’s new union-busting playbooks and the deficiencies of our current labor movement.

What makes this fight so important: “We are dying as a labor movement,” Brisack notes in a new Q&A with Inequality.org. 

“We need to be less worried about whether Tesla workers are organizing jurisdictionally with the right union, or whether Starbucks workers might somehow say the wrong thing at the bargaining table if they’re allowed to bargain at hundreds of stores simultaneously,” adds Brisack. “Let workers take autonomy in their own campaigns and see what works.”

GET ON THE JOB AND ORGANIZE!
 

BOLD SOLUTIONS

Reversing Big Oil’s Tax Tricks: A Necessary and Achievable Task!

Big Oil’s massive investment in lobbying has paid huge dividends. Big Oil hasn’t just managed to avoid culpability for its role in the climate crisis. The industry is also pocketing enormous government giveaways. So, notes a new report from the FACT Coalition, that the top U.S. oil and gas giants now pay more in taxes to foreign governments than to the U.S. Treasury. 

But we can, the FACT Coalition emphasizes, reverse this damage — by eliminating fossil fuel tax preferences and subsidies, imposing closer oversight over multinationals, and improving country-by-country tax transparency.

For more information, read this analysis from Inequality.org’s Karina Smith’s and check the chart that appears below.

BIG OIL'S BIG TRICK
 

CHART OF THE WEEK

A chart comparing share of global oil & gas production and U.S. share of global taxes owed.

A deeply skewed tax system, details a new report from the FACT Coalition, is allowing major American fossil-fuel companies to avoid paying their fair tax share at home. The 11 firms studied extract over half their oil and gas domestically, yet only pay 18 percent of their total income taxes in the U.S. When rich and powerful corporations get away with dodging taxes, the rest of us get stuck with the bill. 

For an interactive version of this chart, click on our Inequality.org piece below.

DIVE DEEPER
 

PETULANT PLUTOCRAT OF THE WEEK

Robert Johnson

Pro Football’s Worst Billionaire Owner Simply Can’t Stop Fumbling

This week’s dour deep pocket: Robert “Woody” Johnson, the great-grandson of the founder of Big Pharma giant Johnson & Johnson and the owner of the National Football League’s New York Jets franchise, currently worth over $8 billion. Johnson bought the team, in 2000, for $635 million.

What has Johnson sour: the annual survey of NFL players that the National Football League Players Association conducts on topics that range from locker-room quality to team ownership. The latest players survey, released last winter, graded only one NFL owner, the Jets’ Johnson, as an “F” overall.

The NFL owners, led by Johnson, have now filed a grievance charging that the NFLPA’s annual survey violates the league’s collective bargaining agreement. The players association’s “totally bogus” survey, Johnson charges, doesn’t rate as “balanced” or “even representative” of how players actually feel.

In fact, nearly all NFL active players — some 1,695 in 2025 — complete the NFLPA’s annual survey.

The last word: “When Dan Snyder sold the Washington Commanders” in 2023, observes sports journalist Tzvi Machlin, “someone had to step up and take the mantle of worst owner in the NFL. By every metric, the man that has stepped up is New York Jets owner Woody Johnson.”

 

GREED AT A GLANCE

A classroom with the text: $3 billion, How much more Elon Musk will make per year than the 1.4 million elementary school teachers in the U.S. combined. Musk's new Tesla pay package awards him as much as $100 billion per year. Together, teachers made $97 billion last year. Source: The Washington Post, November 18, 2025
 

MUST READS

What's new on Inequality.org

 

Ab West, This Black Friday Weekend, Skip Amazon. The e-commerce giant is powering ICE’s deportation raids while profiting handsomely from Trump administration contracts.

Lawrence S. Wittner, Donald Trump, Union Buster. Trump's second term in office has been an all-out assault on organized labor.

 

Elsewhere on the web

 

Julie Polter, Billionaires Are a National Disaster, Sojourners. Chuck Collins on how income inequality undermines everyone’s quality of life—even the most wealthy.

 

Ronnie Dungan, Starbucks CEO’s $96m pay questioned as barista strike rumbles on, HR Grapevine. The Starbucks CEO collected $96 million in last year. Only three of America’s 500 top CEOs pocketed more. Starbucks workers, meanwhile, took home less on average than workers at 497 of those top 500 firms.

 

Stephen Semler, How Trump’s trillion-dollar war machine enriches the 1%, Popular Information. Next year’s pending US military budget will trigger a historic redistribution of wealth from the public to private arms companies and their shareholders.

 

Josh Bivens, Raising taxes on the ultrarich, Economic Policy Institute. Americans accurately believe that many rich households and corporations are not paying their fair share. This perception will change only when just our richest — and the corporations they run — see their taxes increase.

 

Arthur MacEwan, Mamdani, Affordability, and Inequality, Dollars & Sense. The long rise of economic inequality connects the two sides of the affordability crisis: higher costs and lower ability to pay.

 

Richard Murphy, Does taxing the wealthy control inflation? Funding the Future. Yes! An explanation why.

 

Dean Baker, The Rich People Who Own the Media Want Generations to Fight, not Classes, Patreon. Our wealthiest and their shills love pushing the pernicious tripe of generational warfare because rich people would much rather see young people lashing out at their parents than at them.

 

Eduardo Porter, China has brought millions out of poverty. The US has not – by choice, Guardian. The price the United States pays for tolerating intensely concentrated wealth: America’s economic output outpaces China’s by six times. Yet the United States now hosts more abjectly poor households than China does.

 

Harold Meyerson, Ellisons Tap Saudis to Fund News Media Takeover, The American Prospect. If the Saudi crown prince owns a chunk of CNN and CBS News, how will these media outlets cover No Kings Days?

 

Robert Reich, A toxic combo: Trump, Billionaires, and the Media, Substack. Why are the ultra-rich buying up so much of the media? Our top billionaires seem to be fearing that a majority of voters could try to confiscate their wealth.

 

Luke Goldstein, Wall Street Is Paywalling Your Kids’ Sports, Lever News. The $40-billion youth sports industry is rapidly coming under private equity control, and the industry’s sports facilities are increasingly prohibiting parents from recording their own kids’ sports games.

 

ON BILLIONAIRES AND THE REST OF US

This newsletter and the whole Inequality.org project are powered by donations. We’re not raking in cash from the billionaire class, though. We’re counting on people to see why this reporting, research, and advocacy matters, and then to become paid subscribers, by making a recurring monthly donation of any amount. Make a monthly gift as a paid subscriber. Start your paid subscription today.

 

Inequality.org | www.inequality.org | inequality@ips-dc.org

Institute for Policy Studies
1301 Connecticut Avenue Ste 600
Washington, DC 20036
United States 

Managing Editor: Chris Mills Rodrigo
Co-Editors: Sarah Anderson, Chuck Collins, Bella DeVaan, Reyanna James, and Sam Pizzigati

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