Sarah Anderson

D.C. Joins Seven States with Campaigns to Close Carried Interest Loophole

“All over the city we have huge needs. We need better public transport that works for all of us. We need affordable housing,” said Elizabeth Falcon, speaking into a megaphone in front of the tony downtown Washington, D.C. office building of the Carlyle Group private equity fund.

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The Activists Who Helped Shut Down Trump’s CEO Councils

The CEOs who made up two White House advisory councils have fled like rats on a sinking ship. Their exodus — a dramatic rebuke of Donald Trump — came within 48 hours of the incendiary August 15 press conference where the President praised some of the participants of last week’s white supremacist rampage in Charlottesville, Virginia.

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The Noxious Combination of Racism, the Alt Right and the Upper Class

When President Donald Trump let loose at his Tuesday press conference, equating anti-racism protesters with neo-Nazis, it was a big hit with the men who’d taken part in the white supremacist rally in Charlottesville.

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How Air Conditioning Is a Hidden and Major Class Divide in America

Before air conditioning, even presidents had to suffer.

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If Washington Won’t Rein in Corporate Greed, Your State Might

Josh Elliott is fed up with overpaid CEOs. As the owner of a Connecticut natural foods market with 40 employees, he says he could never justify pocketing hundreds of times more pay than his employees.

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The Top 10 Resistance Victories in Trump's First 100 Days

President Donald Trump’s first 100 days will be remembered for the horror of his reckless bombings overseas, his attacks on immigrants, the environment, the Standing Rock Sioux, women, and people of color, and his penchant for choosing billionaires and Wall Street bankers as top officials. But this period will also go down in history for the remarkable popular resistance that has undermined many of Trump’s stated goals for the start of his term.

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Tax Day Marches Aim Spotlight at Trumps Hidden Tax Returns

Candidate Trump repeatedly promised to release his past tax returns, once they were no longer being audited. But those promises have failed to materialize, and Trump appears to have no plans to release his 2016 returns either. This makes him the first president in 40 years to conceal this information from the public.

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4 Wall Street Bonus Charts That May Make You Scream

Every year, the New York Comptroller releases a big number representing the combined value of the bonuses Wall Street banks have doled out to their employees. The state government keeps track of these payouts because a really big number boosts their local tax base. And this year’s number, released March 15, is indeed gigantic: $23.9 billion.

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Going After the Opioid Profiteers

Travis Bornstein never told his friends about his son Tyler’s drug problem. He was too embarrassed.

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Washington's Most Beleaguered Workers Earn a Long-Overdue Break

Getting time off when you’re sick, or need to care for a new child or ailing parent, shouldn’t be a luxury enjoyed only by those who are financially well off. Yet low-wage workers in the United States — the workers who need paid leave the most — typically have this key benefit denied them.

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New Labor Secretary: Cutthroat Businessman and Anti-Minimum Wage

Roberto Ramirez worked for nearly 18 years for the Carl’s Jr. burger chain in Los Angeles. He started doing food prep and eventually took on three additional jobs: cleaning, cashiering and serving. Little did he know his experience would one day land him in the national political spotlight.

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100 CEOs Have as Much Retirement Wealth as 41% of American Families

As President Obama prepares to ride off into the sunset, among the perks he can look forward to is a presidential pension. Every month for the rest of his life, he’ll receive a retirement check for about $17,142 — not bad for a guy with at least a few black hairs remaining on his head.  

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Bipartisan Unity in a Deep Red State

A couple years ago, two South Dakota men on opposite ends of the political spectrum got into a nasty fight over marriage equality. But after one offered the other an olive branch, they wound up forming a bipartisan alliance that won big this election year.

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Successful Initiatives to Help Address Inequality

The electoral college has spoken, and the White House as well as Congress are firmly in the hands of the Republican Party, with Donald Trump at their helm.

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17 Ballot Initiatives to Watch if You Care About Inequality

During the Gilded Age of the late 19th century, when levels of inequality were as sky-high as they are today, progressive reformers fought for the right to use citizen-led petition campaigns to circumvent the power of economic elites.

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Presidential Politics and CEO Pay

Politicians love to beat up on overpaid CEOs.

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Mike Pence Is a Loyal Friend to Polluters

In Mike Pence, Donald Trump has picked a running mate who could be relied on to take a chainsaw to President Obama’s signature environmental policy.

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The Terrible Things That Happen When Santa Claus Visits CEOS

This week marks the 20th anniversary of an epic boondoggle in U.S. policy-making history. On Dec. 20, 1995, a tax rule went into effect that was supposed to rein in CEO pay. Boy, did it backfire. 

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100 CEOs’ Nest Eggs = Retirement Savings of 41% of Families

If you think the pay gap in this country is bad, consider the retirement savings gap. 

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Papal Smackdown: Pope Francis v. Fossil Fuel Execs

For most of us in the cities on Pope Francis’ upcoming U.S. tour, the major concern is traffic congestion. For fossil fuel executives, look out.

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The 3 Most Asinine Corporate Arguments Against CEO-Worker Pay Disclosure

Regulators of the Great Depression era could teach their modern-day counterparts a few lessons in how to get things done. Consider, for example, how fast the Securities and Exchange Commission of that era was able to implement the first executive pay disclosure rules, compared to today’s bureaucratic foot-dragging.

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Supporting NAFTA Was the Kiss of Death for Democrats --Why Dems Should Think Twice About Voting for TPP

It’s serious flashback time for those involved in the 1993 debate over the North America Free Trade Agreement. With the “fast track” trade vote expected as early as this Thursday, a Democratic president is once again twisting arms and dangling rewards in a desperate effort to muster votes for a corporate-driven trade deal. And just like in 1993, the vote will be one of those rare bipartisan moments in Washington. The word is only about a dozen members remain on the fence, most of them Democrats. The president is reportedly putting the tightest screws on members of the Congressional Black Caucus. After the NAFTA wheeling and dealing began in earnest back in 1993, it didn’t take long to push enough Dems off the fence. All these years later, NAFTA remains the basic blueprint for every U.S. trade deal. 

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How the Civil War Never Ended for Black America

Hundreds of African-American men marched to the White House this past Sunday. They were not wearing hoodies in honor of Trayvon Martin. They were not making the “hands up don’t shoot” gesture in honor of Michael Brown.

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3 Charts That Show Just How Much Wall Street Bonuses Swamp Low-Wage Worker Pay

While workers’ wages stagnate, the Wall Street bonus culture is flourishing.

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These Companies Paid Their CEOs More Than They Pay in Taxes

Of the 30 largest U.S. corporations, seven paid their CEO more last year than they paid Uncle Sam.

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Food Chain CEOs Want Subsidies for Their Salaries, But Are Against Raising Workers' Wages

You might say the chieftains of America’s largest restaurant corporations want it every which way and then some.

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Ferrari and Yacht Dealers Rejoice! Wall Street Hands Out Even More Obscene Bonuses Than Last Year`

Purveyors of Ferraris and high-end Swiss watches keep their fingers crossed toward the end of each calendar year, hoping that the big Wall Street banks will be generous with their annual cash bonuses.

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And the Oscar for Most Brilliant Activism by Hollywood Celebrity Goes to ... 'Flesh-Eating Zombies on Wall St.'

The Harry Potter director and five movie stars have just released a new advocacy video. Can you guess the cause célèbre? Stray dogs in Sochi? No. Victims of the latest natural disaster? No. Raising taxes? Yes.

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How Fast Food Giants Use Loopholes to Avoid taxes, Pay Execs Giant Pay, and the Workers Peanuts

The fast food industry is notorious for handing out lean paychecks to their burger flippers and fat ones to their CEOs. What’s less well-known is that taxpayers are actually subsidizing fast food incomes at both the bottom — and top — of the industry.

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Filthy Rich CEOs Are Lobbying to Cut Medicare, Social Security and Push the Retirement Age Back

The following originally appeared on OtherWords, and is cross-posted here with permission.

David Cote, the CEO of Honeywell, has more than $134 million in his personal retirement fund. If I were sitting on a nest egg that big, I might feel a bit sheepish about telling ordinary grandmas and grandpas to take a cut in their Social Security payments.

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How Progressives Won Four Important Victories in 10 Days

Progressives won big in four arenas over the past two weeks. They played key roles in stopping a military strike on Syria, defeating Larry Summers’s bid to head the Fed, winning basic protections for 1.9 million home health care workers, and forcing companies to disclose the gap between their CEO and worker pay.

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