The Economic Policy Institute says on average, teachers earn 19.2% less than comparable graduates.
LEX 18 News
April 22, 2022
Taxes can and should be fairer. If there is a chief flaw in our tax system, it is the way it has grown increasingly regressive in recent decades. North Carolina, for instance – a state in which the system is still better than some that don’t even include an income tax – the richest one percent pays only about half as much of their incomes in state and local taxes as low- and middle-income people. As a recent report from the Economic Policy Institute also makes clear, a big part of the problem has been the “growing erosion of state corporate income taxes has been a prime source of revenue weakness over this time.”
NC Policy Watch
April 22, 2022
A new report by the Economic Policy Institute reveals the breadth of the problem. In Tennessee, more than 60% of corporations pay zero dollars in state corporate income taxes.
The Tennessean
April 22, 2022
Taxes were due on Monday for individuals and many corporations. But a new report from the Economic Policy Institute suggests many corporations in Connecticut may not be paying much at all.
CT Public Radio
April 22, 2022
A new study by the Economic Policy Institute shows that the effective state and local tax rate on corporate profits shrunk by between a third and a half between 1989 and 2017. This has a resulted in a revenue loss “estimated to be at least $43 billion and possibly as high as $57 billion.”
Urban Milwaukee
April 22, 2022
In a new report from the Economic Policy Institute (EPI), over 60 percent of corporations in Connecticut, Illinois, Michigan, Tennessee and Wisconsin paid zero state corporate income taxes in varying periods between 2015 and 2019. In Colorado, 71 percent of corporations didn’t pay income taxes between 2017 and 2019, and in Florida, a whopping 92 percent of corporations paid zero income taxes between 2016 and 2019.
Truthout
April 22, 2022
According to new research from the Economic Policy Institute, the effective state and local tax rate on corporate profits dwindled by between a third and a half between 1989 and 2017, resulting in a revenue shortfall between $43 billion and $57 billion.
Counterpunch
April 22, 2022
The Detroit News
April 22, 2022
An alarming report from the Economic Policy Institute that was released April 14 has state taxpayers extremely frustrated
Fox 17
April 22, 2022
Ten states have or are planning to institute a mandatory minimum wage of $15 an hour, and plenty of companies, hoping to lure workers, already pay that much. Still, not every employer has met what many think of as a more-realistic living wage. According to the Economic Policy Institute, a nonprofit, nonpartisan think tank, these major chains have the largest percentages of workers making less than $15 an hour.
Cheapism
April 22, 2022
“As one remarkable survey released today by the Economic Policy Institute (EPI) demonstrates, the number of workers in starvation-wage jobs still numbers in the many millions,” the American Prospect’s Harold Meyerson writes.
Washington Post
April 22, 2022
A new company wage tracker designed by the Economic Policy Institute and the Shift Project took a closer look at 66 of America’s biggest food and retail companies. Some of the results are staggering, and provide a striking window into what it’s like to work at some of the largest chains in America. Dollar General, for instance, pays 92 percent of their workers below $15. McDonald’s is at 89 percent. At both of these companies, more than 1 in 5 workers makes below $10 per hour. These are poverty wages, but they’re sadly the norm, especially in communities where these big chains have driven out other competitors.
Rolling Stone
April 22, 2022
Not much, according to a new company wage tracker created by the Economic Policy Institute and the Shift Project, a joint project by the Harvard Kennedy School and the University of California, San Francisco, using survey data collected from Facebook and Instagram users in 2021, with responses from over twenty thousand workers at sixty-six large service-sector firms and an average of 317 respondents per firm. The tracker finds that at many hugely profitable companies, the majority of workers are paid less than $15 an hour.
Jacobin
April 22, 2022
Some of the largest, most profitable companies in retail and food services are still paying most of their workers less than $15 an hour, and many still make less than $10 an hour, according to a new company wage tracker developed by the Economic Policy Institute and the Shift Project.
The Guardian
April 22, 2022
The vast majority of big food and retail corporations in the United States aren’t paying anywhere near a $15-anhour minimum wage, according to a new report from Harvard researchers and the left-leaning Economic Policy Institute.
VICE
April 22, 2022
Union efforts also deserve credit for challenging wealth inequality in the U.S. Research from the Economic Policy Institute shows that higher union membership has historically been associated with a lower share of income going to the top 10% of earners in the U.S.
The Badger Herald
April 22, 2022
Separately Monday, the Economic Policy Institute (EPI) in Washington, D.C., highlighted its recent report that found nearly two-thirds of Wisconsin corporations paid no state corporate income taxes.
Wisconsin Examiner
April 22, 2022
Except, as one remarkable survey released today by the Economic Policy Institute (EPI) demonstrates, the number of workers in starvation-wage jobs still numbers in the many millions.
The American Prospect
April 22, 2022
During the pandemic, wages have trailed price increases, but some economists don’t expect that will necessarily lead to widespread raises, like in the 1970s. They point out workers don’t have the same kind of leverage they had in the 1970s. After 1989, labor costs stopped rising in tandem with prices, notes Josh Bivens at the Economic Policy Institute.
Quartz
April 22, 2022
On Tuesday, the Economic Policy Institute and Harvard’s Shift Project released a collaborative effort dubbed the Company Wage Tracker. It looks at 66 large retail and food corporations to show not only the hourly wages of workers within the United States, but also how much revenue they generate in the U.S. and what each corporation pays its CEOs.
Mic
April 22, 2022
Thousands of workers in food service, hospitality and retail are still making below $15 an hour, including the majority of workers at big-box stores and discount retailers. That low wage stands in contrast to employer who rake in vast amounts of profit, according to a new survey from the left-leaning Economic Policy Institute.
CBS
April 22, 2022
According to Dave Kamper, senior state policy coordinator for the Economic Analysis and Research Network (EARN) at the Economic Policy Institute, it’s not uncommon for companies to “look for ways to break workers’ solidarity by bringing in new employees. Sometimes the hope is that the new workers will be too grateful for their jobs to support the union,” Kamper said. “Sometimes the hope is simply that an influx of new people disrupts existing workplace patterns.”
Teen Vogue
April 22, 2022
How do you quantify dignified, essential work? For food retail and hospitality workers in the age of Covid-19 and rising food prices, this descriptor does not translate into better wages. A new report from the Economic Policy Institute and The Shift Project of Harvard University details the low wages at dozens of firms throughout the industry and skewers the notion that profit-driven price inflation is due to workers’ wage demands.
Forbes
April 22, 2022
In 2021, median CEO compensation reached $20 million, a 31% increase from the year prior, due to big jumps in stock awards and cash bonuses based on market performance and company productivity. CEO pay consists of wages, as well as extremely lucrative bonuses, long-term incentives and, most importantly, stock options, which comprise around 85% of CEO compensation, according to Lawrence Mishel, a distinguished fellow at the Economic Policy Institute.
CNBC
April 22, 2022
The ongoing survey was conducted by The Shift Project, an endeavor by sociologists at Harvard and the University of California, San Francisco and released with the progressive think tank, Economic Policy Institute.
Axios
April 22, 2022
“Child care workers, the people providing this labor and this service that is absolutely vital to the continuing of our economy and families, are so underpaid that they can’t afford to cover their basic needs,” said Asha Banerjee, an economic analyst at the Economic Policy Institute, a nonprofit think tank.
VOX
April 22, 2022
Decent pay that covers childcare and other expenses is one benefit that Elise Gould, senior economist at the Economic Policy Institute, said parents look for when rejoining the labor force. Parents need to put their kids in day care as they head to work, and childcare is a major expense for most families.
Business Insider
April 15, 2022
According to a recent report by the Economic Policy Institute, unionization can help close gender wage gaps and racial wage gaps — which could give the economy a boost.
The Skimm
April 15, 2022