A three-page letter from Valley Central School District Superintendent John Xanthis strongly opposes giving companies, especially multibillion dollar companies, “egregious long-term tax abatements that unfairly burdens and take advantage of the local taxpayers and residents.” His letter cites findings of a report from the Economic Policy Institute on the effects of Amazon Fulfillment Centers on the local economy, which shows “tax incentives likely constitute an unneeded giveaway” and investments in public services are more effective than tax incentives at generating long-term economic growth.
Record Online
November 4, 2020
Twenty-nine states have set their rates higher than the federal minimum – all the way up to $13.50 in Washington. And some cities have set their minimum wage above their state’s floor. The large differences make efforts to statistically characterize minimum wage earners across the nation “thorny,” according to David Cooper, a senior economic analyst at left-leaning Economic Policy Institute.
The campaign also sent us research from the Economic Policy Institute that undermines Spanberger’s claim. EPI estimates 33.5 million people from all states would get raises if the federal minimum wage was lifted $15 in 2024. That includes 7.8 million moms – or 23% of the beneficiaries.
Interview with David Cooper, senior economic analyst at the Economic Policy Institute, Oct.26, 2020.
Economic Policy Institute, “Raising the federal minimum wage to $15 by 2025 would lift wages for over 33 million workers,” July 17, 2019.
EPI, “Congress could help nearly 8 million working moms this Mother’s Day if it raised the federal minimum wage,” May 10, 2019.
VPM
November 4, 2020
However, the Economic Policy Institute points out that women earn less at every wage level. Thus, it’s not just that women gravitate toward less-lucrative industries. Those women in high-paying sectors are still compensated less than their male counterparts. Logically, this suggests that with the gender equity gap, sexism is at least partially responsible for the negative impact.
Nasdaq
November 4, 2020
Bivens, J and B Zipperer (2020), Health Insurance and the COVID-19 Shock, Economic Policy Institute Report.
VoxEU
November 4, 2020
The Economic Policy Institute found that one in five Black adults couldn’t see a healthcare provider when they needed to because of costs. Black people are twice as likely to be uninsured as white Americans.
Inside Philanthropy
November 3, 2020
The Republican dominated executive, legislative and judicial branches have conspired to rig the laws, rules and regulations governing our political economy against unions and for corporations. The Brookings Institute maintains an up-to-date compilation of the Trump administration’s deregulatory actions in a number of areas including labor, health, covid-19, education and environment. The Economic Policy Institute has itemized 50 anti-union actions taken by these branches of government against workers and provided an even more detailed analysis in another article. Here are some of the highlights.
AlterNet
November 3, 2020
Telegraph UK
November 3, 2020
Real wage growth was also higher under Obama-Biden. Middle-class incomes grew about 5.8% per year during their last two years in office, but slowed to 2.7% in Trump’s first two years, an Economic Policy Institute and Capital & Main analysis of U.S. Census data found.
New Jersey Star-Ledger
November 3, 2020