The progressive Economic Policy Institute claims that no tax on tips “will harm more workers than it helps.” It will
- “Help very few workers and undermine pay increases for many more.
- Expand the use of tipped work—a system rife with discrimination and worker abuse— potentially leading to consumers being asked to tip on virtually every purchase.
- Deplete state and federal budgets and create new avenues of tax avoidance, especially for high earners.”
Common Dreams
June 2, 2025
The Economic Policy Institute projects that deficit-financed tax cuts at full employment would “put a drag on growth” in the future.
The Berkshire Edge
June 2, 2025
Average hourly wages, by decile, for US workforce of 171 million
Source: Economic Policy Institute
Bloomberg
June 2, 2025
A 1990 study by the Economic Policy Institute concluded that, after adjusting for changes in the cost of jet fuel, overall airline fares fell faster in the 10 years before 1978 than they did during the 10 years after.
Washington Monthly
June 2, 2025
Reich’s post drew on data from a 2024 report by the Economic Policy Institute, which shows that while CEO compensation dipped in 2023, the long-term trend is unmistakable: executive pay has exploded over the last four decades.
In 2023, CEOs at the top 350 U.S. firms earned 290 times more than the average worker. That’s a huge jump from 1965, when the ratio was just 21 to one.
Benzinga (via Yahoo! Finance)
June 2, 2025
The second consequential measure Biden signed, the Infrastructure Investment and Jobs Act, pumps over a trillion dollars into roads, bridges, highways, the electric grid, public transit, and broadband access for rural areas that didn’t back Biden. The Economic Policy Institute estimated that the bill would support 772,000 jobs per year for its first decade, in both red and blue states.
Raw Story
May 27, 2025
According to the Economic Policy Institute (EPI), the top 1% takes home 14.9% of all income in Idaho and make 17.4 times more than the bottom 99%.
Forbes
May 27, 2025
Josh Bivens, chief economist at Economic Policy Institute (EPI), told Newsweek that tax increases on the wealthy would be the “ideal” path forward.
“Cutting deficits by raising taxes on high-income households and corporations would be ideal—these groups have done very well in recent decades and can clearly best-afford any extra burden from higher taxes,” he said.
Newsweek
May 27, 2025
The D.C.-based Economic Policy Institute, a liberal think tank, has said this amounts to a program that exploits and silences migrant workers, replacing year round workers in the process. In some cases, U.S. prosecutors have accused farmers and recruiters of using the H-2A program to engage in forced labor trafficking.
myRGV.com
May 27, 2025
Judge Susan Illston of the Federal District Court for the Northern District of California issued an order to protect up to 22 agencies — including veteran affairs, housing and urban development as well as the treasury — from feeling the wrath of Trump’s layoff sweep, per The New York Times. About 37 percent of Black federal workers are veterans, per The Economic Policy Institute.
The Root
May 27, 2025