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Economic Policy Institute
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Economic Policy Institute
@EconomicPolicy
Nonprofit, nonpartisan think tank using the tools of economics to promote the interests of working people. Find us on Bluesky: bsky.app/profile/epi.org
- “We shouldn’t see taxes as a boogeyman that the right says they are, we should see them as a tool.”—@AOC
- Higher top marginal tax rates—an idea recently championed by @AOC—could help equalize this pre-tax income growth by reducing the incentives of the privileged to rig the rules of the economy to send money their way.
- NEW: The value of the federal minimum wage is at its lowest point in 66 years. After the longest period in history without an increase, the minimum wage today is worth 27% less than 13 years ago—and 40% less than in 1968. Congress must #RaiseTheWage. epi.org/blog/the-value…
- NEW: States with abortion restrictions or bans have lower wages, weaker labor standards, and higher levels of incarceration compared to states where abortion is protected. Abortion rights are economic rights. Full stop.
- “The costliest crime in the U.S. is actually being committed by corporations,” says @Trevornoah, citing EPI research on wage theft. “Instead of following Black people around the store, security guards should be hovering over CEOs at their desk.” youtu.be/SmVob1QMdMQ?t=…
- Forget quiet quitting—we need to talk about quiet fleecing. Workers are more productive than ever, but their pay hasn’t kept pace while top 1% wages have skyrocketed.
GIF - NEW: Wages rose fastest for the top 1% and 0.1% of earners in 2021, while the bottom 90% took a pay cut. Inequality has skyrocketed over the past 40 years. This growing inequality isn’t inevitable—it is a result of policy choices to reduce worker power. epi.org/publication/in…
00:00 - - CEO compensation surged 940% since 1978 - Worker compensation inched up 12% since 1978 New paper by @LarryMishel and @JuliaWolfe94
