Daily Digest - May 28: Progressive Taxation: Another Capital Idea

May 28, 2014Rachel Goldfarb

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The Stiglitz Code: How Taxing Capital Can Counter Inequality (Next New Deal)

In a major white paper published today, Roosevelt Institute Chief Economist Joseph Stiglitz connects tax reform to the fight against income inequality. President and CEO Felicia Wong comments.

  • Roosevelt Take: Read the white paper, "Reforming Taxation to Promote Growth and Equity," here.

Getting Real about Closing the Gender Pay Gap (The Baffler)

Kathleen Geier looks at three policy changes to counter the gender pay gap: make it easier to join a union, pass pay equity laws, and encourage workplace flexibility.

Conservative 'Compassion' for the Underprivileged Blows Another Fuse (LA Times)

Conservative reformers' suggestions for economic reforms show contempt for the underprivileged, writes Michael Hiltzik, and for the public programs that assist them.

Median CEO Pay Tops $10 Million For The First Time (NPR)

The increase in CEO pay was primarily due to performance bonuses and stock options, compensation that allow CEOs to profit from the rising stock market, reports Alan Greenblatt.

  • Roosevelt Take: Roosevelt Institute Fellow and Director of Research Susan Holmberg and Campus Network alumna Lydia Austin call for closing the performance pay loophole.

Chamber Of Commerce Claims Calculating How Much More CEOs Make Than Their Workers Is ‘Egregious’ (ThinkProgress)

Bryce Covert reports on the Chamber's insistence that CEO-to-worker pay ratios won't demonstrate if CEOs are overpaid. Right, they're more likely to show if workers are underpaid.

Verizon Wireless Workers Make History in Brooklyn (In These Times)

Mike Elk says the store workers' vote to join the same union as their Verizon landline co-workers breaks into new ground.

New on Next New Deal

The FT's Piketty Criticism is Nothing Like the Reinhart-Rogoff Affair

Roosevelt Institute Fellow Mike Konczal contrasts Chris Giles' critique of Thomas Piketty's data and the methodology errors in Carmen Reinhart and Ken Rogoff's work.

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