This paper argues that public firms are increasingly extractive and unproductive, that shareholders and managers are reducing investments in the things that grow the economy, and that workers, consumers, and the government are being scammed. All of this hurts shared prosperity.
Rejecting the Theory of the Firm
Roosevelt Institute, Feb. 26, 2019
The 2017 federal tax law bestowed most of its benefit on high-income households, and many tax policy analysts project that if nothing changes, the nation will see the effects of these policies in years to come via worsening economic inequality. This paper by the Institute for Policy Studies outlines how states can address poverty and inequality in spite of the federal tax law.
What States Can Do to Reduce Poverty and Inequality Through Tax Policy
Institute for Policy Studies, Feb. 22, 2019
For decades, corporations have focused on the whims of shareholders, which has resulted in a focus on boosting shareholder profits above other uses of corporate resources. This has coincided with workers having less power due to deliberate weakening of private-sector unions. This paper explores how this precarious combination has lined the pockets of the elite at the expense of working people.
Ending Shareholder Primacy in Corporate Governance
Roosevelt Institute Working Paper, Feb. 8, 2019
This Institute on Taxation and Economic Policy report outlines seven options for Congress to enact progressive, revenue-raising tax policies that the public has long desired, including the enactment of a wealth tax and strengthening the estate tax.
New ITEP Report Shows How Congress Can Meet Public Demand for Progressive Taxes
Institute on Taxation and Economic Policy, Feb. 5, 2019
RELATED: Progressive Revenue-Raising Options
Expanding the Earned Income Tax Credit to include family caregivers is one step toward ensuring tax policies recognize unpaid care work.
U.S. PIRG Urges Lawmakers to Expand the Earned Income Tax Credit to Caregivers
US PIRG, Jan. 25, 2019
The federal tax code taxes income derived from work at higher rates than income from wealth, e.g. capital gains and real estate investments. This paper from the Washington Center for Equitable Growth explores how the nation could implement a wealth tax and how such a tax could address economic inequality.
Wealth taxation: An introduction to net worth taxes and how one might work in the United States
Center for Equitable Growth, Jan. 23, 2019
This report from Institute on Taxation and Economic Policy, U.S. PIRG, SalesFactor.org and American Sustainable Business Council provides a roadmap for states to collect $17 billion lost annually to corporations stashing profits in tax havens.
Report: A Simple Fix for a $17 Billion Loophole
Institute on Taxation and Economic Policy, Jan. 17, 2019
Black families have substantially less wealth than white families. This paper by the Institute for Policy Studies examines public policies that facilitated white families’ ability to grow wealth while impeding it for black families.
Report: Dreams Deferred
Institute for Policy Studies, Jan. 2019
Subsidy Tracker is the first national search engine for economic development subsidies and other forms of government financial assistance to business. With the introduction of Subsidy Tracker 2, users also can see how much state or community dollars are spent on economic development tax breaks.
Good Jobs First