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By Rachel Goldfarb, originally published on Next New Deal

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Shareholders, Public Deserve Tax Transparency (WaPo)

Catherine Rampell argues that requiring publicly traded companies to make their tax returns public would cause companies, over time, to invest fewer resources in tax avoidance.

Homeowner Help Remains Elusive in $16.5bn Bank of America Fine (The Guardian)

David Dayen says homeowners shouldn't count on relief from bank settlements: banks will choose to "pay" as much of the penalty as permitted without helping homeowners.

Injustice in Ferguson, Long Before Michael Brown (Bloomberg Businessweek)

Peter Coy looks at how the frequently racist origins of the St. Louis area's municipal fragmentation created the inequalities that people in Ferguson are protesting today.

How a Part-Time Pay Penalty Hits Working Mothers (NYT)

Claire Cain Miller looks at a new analysis from Harvard economist Claudia Goldin, which shows that across the board, working fewer hours leads to a lower wage in the same job.

Obama Alums Accused of Selling Out (MSNBC)

Many Democrats are particularly concerned by influential Obama campaign staff working in roles that are not supportive of unions, writes Alex Seitz-Ward.

Low-Paid Jobs Now Pay Even Worse Than Before The Recovery Began (ThinkProgress)

Bryce Covert writes that the worst of the declining wages lie in particular sectors like food service, home and care workers, and retail, which employ many low-wage workers.

New on Next New Deal

Campus Network Looks Ahead for Policy Engagement

Roosevelt Institute | Campus Network National Director Joelle Gamble considers the Network's nine years of successes, and lays out some of the goals for the year ahead.

Originally posted to Daily Kos Economics on Fri Aug 22, 2014 at 05:01 AM PDT.

Also republished by Daily Kos.

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Comment Preferences

  •   800,000 more guest-worker visas (1+ / 0-)
    Recommended by:

    -------------- Aug 21, 2014

    "After meeting with a "bevy" of big-business groups, President Barack Obama is reportedly considering granting them up to 800,000 additional guest-worker visas via executive actions."

    The Obama administration "has already increased the number of guest-worker permits by possibly 100,000 when it allowed the spouses of high-tech guest-workers who are applying for permanent residency to obtain permits."

    Numerous companies – like Microsoft and Cisco – have massively laid off American workers while pushing the Obama administration for more guest-worker visas at a time when scholars and studies from organizations on the left, right, and center have debunked the notion that there is a shortage of American high-tech workers. The Obama administration reportedly wants to appease big-business interests so they give him air cover for his potential executive amnesty, which may enable millions of illegal immigrants to get work permits in addition to temporary amnesty. All of these actions would make it tougher for Americans at the bottom of the economic ladder to get jobs, as U.S. Civil Rights Commissioner Peter Kirsanow has repeatedly emphasized.
    "We have communities throughout America that are barely scraping by. Tens of millions of Americans are on welfare, unemployment, and public assistance," Sessions said in a statement this week. "Yet the White House and their Senate Majority seem more concerned about the economic demands of large corporations, or the citizens of other countries, than about getting our own citizens back to work into stable jobs that can support a family and uplift a community.”

    You Don't Happen To Make It. You Make It Happen !

    by jeffrey789 on Fri Aug 22, 2014 at 07:00:32 PM PDT

  •  asdf (1+ / 0-)
    Recommended by:

    We are all made of star stuff, so please be kind to dust bunnies.

    by jwinIL14 on Fri Aug 22, 2014 at 07:34:01 PM PDT

  •  Minimum wage Links (0+ / 0-)

    If the minimum wage had kept up with inflation, it would be $10.90 an hour. ( ).

    Had the minimum wage risen to match productivity, it would be $22 an hour. (

    Instead the money has gone into off-shore accounts that are not taxed.

    The United States has officially become an oligarchy. See for instance:

    You Don't Happen To Make It. You Make It Happen !

    by jeffrey789 on Sat Aug 23, 2014 at 06:02:51 PM PDT

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