GOP tax plan does nothing to boost the wages of working people

Josh Bivens Economic Policy Institute

EPI is dedicated to advancing policies that raise workers’ wages. And we’re happy to welcome Republicans’ newfound recognition that American workers need a raise. But their solution is bunk.

Donald Trump and Republican leaders will tell us that their tax plan will boost wages for American workers. But real-world evidence suggests otherwise.

For years, corporate profits have soared, yet business investment has been extraordinarily slow. The Republican plans aim to boost profits even more and hope that investment will follow. But evidence from past tax cuts in U.S. history, as well as evidence from comparisons of tax changes across countries and across individual U.S. states all argue strongly that this hope will be disappointed. 

Cutting corporations’ taxes is not a recipe for increasing workers’ wages. It’s a recipe for exacerbating income and wealth inequality.

The Senate is expected to vote on their tax plan this week and your senators need to hear from you today.

Here’s a suggested call script:

Call: 888-516-5820


My name is _______. I live in TOWN, STATE and I’m a constituent of the Senator's.

I want Senator [NAME] to OPPOSE the Senate tax plan that delivers huge tax cuts to America’s wealthiest families and corporations. Instead of tax breaks for hedge funds and private equity firms―that just increase income and wealth inequality―we need a tax plan that invests in critical programs for working families.

Republicans know that they need to offer the American people something they can claim is a wage-boosting policy. But tax cuts for America’s wealthiest families and corporations is not that policy.

Call your senators today and urge them to reject a tax plan that does nothing to boost the wages of working people.

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From the EPI

Posted In: Allied Approaches

Union Matters

Failing Bridges Hold Public Hostage

From the USW

From tumbledown bridges to decrepit roads and failing water systems, crumbling infrastructure undermines America’s safety and prosperity. In coming weeks, Union Matters will delve into this neglect and the urgent need for a rebuilding campaign that creates jobs, fuels economic growth and revitalizes communities.

The Seattle Department of Transportation (SDOT) gave the public just a few hours’ notice before closing a major bridge in March, citing significant safety concerns.

The West Seattle Bridge functioned as an essential component of  the city’s local and regional transportation network, carrying 125,000 travelers a day while serving Seattle’s critical maritime and freight industries. Closing it was a huge blow to the city and its citizens. 

Yet neither Seattle’s struggle with bridge maintenance nor the inconvenience now facing the city’s motorists is unusual. Decades of neglect left bridges across the country crumbling or near collapse, requiring a massive investment to keep traffic flowing safely.

When they opened it in 1984, officials predicted the West Seattle Bridge would last 75 years.

But in 2013, cracks started appearing in the center span’s box girders, the main horizontal support beams below the roadway. These cracks spread 2 feet in a little more than two weeks, prompting the bridge’s closure.

And it’s still at risk of falling.  

The city set up an emergency alert system so those in the “fall zone” could be quickly evacuated if the bridge deteriorates to the point of collapse.

More than one-third of U.S. bridges similarly need repair work or replacement, a reminder of America’s urgent need to invest in long-ignored infrastructure.

Fixing or replacing America’s bridges wouldn’t just keep Americans moving. It would also provide millions of family-supporting jobs for steel and cement workers, while also boosting the building trades and other industries.

With bridges across the country close to failure and millions unemployed, America needs a major infrastructure campaign now more than ever.

 

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There is Dignity in All Work

There is Dignity in All Work