Organizations like Americans for Tax Fairness, the Center on Budget and Policy Priorities and the Economic Policy Institute have long concluded that the TCJA favored the rich and would do so again if made permanent, as Trump proposes. Therefore, it’s logical that many of its provisions would also favor the upper middle class — but not enough to offset what the Tax Foundation and ITEP agree will be the high cost of tariffs.
GO Banking Rates
November 25, 2024
And many may need the additional help considering that, as of 2019, just over 1-in-3 workers between 55 and 64 years old lacked access to an employer-sponsored retirement plan, according to the Economic Policy Institute (EPI).
MoneyWise
November 25, 2024
A recent study used data from the Economic Policy Institute’s (EPI) Family Budget Calculator to determine the most expensive locations for raising kids in the U.S. Researchers at Upgraded Points calculated the percentage difference in the required living costs to maintain a modest but adequate standard of living for a 2-adult household compared to 2-adult households without children. The costs factored in housing, child care, health care, transportation, food and other necessities.
FOX 10 Phoenix
November 25, 2024
However, Arkansas is one of 31 states in which lawmakers have introduced bills that would weaken child labor protections since 2021, according to the Economic Policy Institute. The rollback of these laws has coincided with an increase in child labor violations.
Arkansas Advocate
November 25, 2024
Efforts to raise the minimum wage have generally been popular in recent years. Gov. Wes Moore accelerated the state’s mandated base pay this year to $15 per hour from a low of $12.80. The Economic Policy Institute estimated more than 341,000 workers were affected by the increase in Maryland.
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Sebastian Martinez Hickey, state economic analyst at the Economic Policy Institute, agreed with some of these findings but noted the tipped minimum wage is not a simple issue for workers.
While employers are required by law to ensure this gap is covered, he said it’s “highly difficult to enforce” because employees have to be aware of the law and do their own calculations. If there is a discrepancy, workers must confront their employers.
Baltimore Banner
November 25, 2024
“It is unlikely that a large share of the unauthorized immigrant population will be deported quickly,” said Daniel Costa, director of immigration law and policy research for the Economic Policy Institute. “But there’s a lot the Trump 2.0 administration can do to remove a high number fast.”
Capital & Main
November 25, 2024
“The housing bubble burst and in that subsequent period, we did less construction for a period of time,” says Kyle K. Moore, an economist at EPI Action, a nonpartisan nonprofit that generates research and analysis on economic and labor issues. “That was also exacerbated in 2020 with the pandemic when there was a crunch [in] supply brought about by an increase in the price of building materials.”
Bankrate
November 25, 2024
He is not the friend of disaffected working-class men that he claims to be. A 2018 report by the Economic Policy Institute lists significant anti-labor actions Trump took in his first year: epi.org/publication/ten-actions-that-hurt-workers-during-trumps-first-year/.
Daily Hampshire Gazette
November 18, 2024
During Trump’s presidency he worked to minimize the number of people eligible for overtime pay.
According to the Economic Policy Institute (EPI), in 1975 more than 60% of full-time salaried workers earned less than the threshold necessary to qualify for overtime pay.
Fast Company
November 18, 2024