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Showing blog posts published on Feb 12, 2013

Trumka Reacts to the 2013 State of the Union

Trumka Reacts to the 2013 State of the Union

AFL-CIO President Richard Trumka released the following statement in response to President Obama's 2013 State of the Union address:

"Tonight President Obama sent a clear message to the world that he will stand and fight for working America’s values and priorities. And with the foundation he laid, working families will fight by his side to build an economy that works for all."

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Seniors and Veterans Tell Honeywell: 'Pay Your Taxes'

Seniors and veterans showed up at a "Fix the Debt" event in New Hampshire to tell Honeywell CEO David Cote that if he really wants to fix the debt, he should have Honeywell pay its fair share of taxes. Cote is one of a number of wealthy corporate leaders in the "Fix the Debt" coalition, which advocates for cuts to benefits like Social Security and Medicare and is pushing for lower corporate taxes. Advocates for working families and their allies point out that many of the "Fix the Debt" companies engage in loopholes to avoid paying their fair share of taxes.

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Rich Are Getting Richer and It's Hurting Social Security's Finances

Photo courtesy of the Alliance for Retired Americans.

While media pundits raise faux concern every time the Social Security trustees release their annual report, falsely declaring the program is in dire trouble—even though the future modest funding shortfall can easily be fixed by scrapping the cap—it's important we take a look at a major factor in Social Security's finances: rich people. 

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