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Showing blog posts published on Feb 11, 2013

Yellen: Fed Goal Is 'Maximum Employment' by Taking 'Forceful Action'

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Sen. Whitehouse: Use $1 Trillion in Tax Reform to Stop Sequestration

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Southwest Workers Say LUV Should Be All Around

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State of the Union 2013: Shared Priorities for President Obama and Working People

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Tell PKC to Reinstate Workers in Mexico

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AFL-CIO Trans-Atlantic Economic Summit Lays Path for Shared Prosperity

In 2008, with the global financial crisis at its peak and the world teetering on the brink of a second Great Depression, world leaders and policymakers took decisive fiscal and monetary policy actions that bolstered our economies and stopped our financial system from spiraling into chaos and dragging our economies into depression.

But today, AFL-CIO President Richard Trumka told the “Trans-Atlantic Agenda for Shared Prosperity” economic summit: 

Our work is far from done, and no progress has been easy. We have had to battle those who wanted to block the fiscal stimulus, which was so critical for halting our economic slide. And we are still battling those same opponents who now want to impose strict fiscal austerity that threatens to sabotage our economy and trigger a new recession, as those same policies have in Europe.

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PIRG: States Lose $40 Billion a Year to Offshore Tax Havens

Photo from the AFL-CIO's Bring Jobs Home campaign.

A new report from the U.S. Public Interest Research Group (PIRG) reveals that state governments lost $39.8 billion in revenues because corporations and wealthy individuals are using offshore tax havens to avoid paying their statutory tax rates. We've seen the devastating effects that offshoring jobs have had on America's workers, and offshoring has long been talked about in terms of lost federal revenue, where $150 billion a year goes unpaid, but little focus has been given to state losses from the practice.

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