Let’s raise the contribution cap, get rid of tax preferences for gilded CEO retirement accounts, and use the extra revenue to expand retirement benefits.
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Economic Justice
Combating inequality means both lifting up and building power at the bottom, and breaking up concentration of wealth and power at the top. That’s why we work at the intersection of economic and racial justice through projects designed to build leadership and self-empowerment of black workers, immigrant workers, and low-wage workers, youth and families affected by incarceration, along with projects aiming to reverse the rules that criminalize poor people of color, and projects fighting to ensure that the wealthy and Wall Street corporations pay their fair share of taxes.
Latest Work
The Boldest Step to Close the Racial Wealth Divide in Generations
One state’s “Baby Bonds” program should be a model for the whole country.
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Debt Ceiling Deal Reinforced Washington’s Old Double Standard for Military Spending
The budget deal was supposed to slow spending, but the most expensive federal agency didn’t get a budget cut — it got a raise.
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Wealth Inequality, Trade Agreements & How a Progressive Annual Wealth Tax Could Help Promote Economic Democracy
Omar Ocampo joins Bringing Light into Darkness (BLID) to discuss IPS’ Report: “Extreme Wealth: The Growing Number of People With Extreme Wealth and What an Annual Wealth Tax Could Raise.”
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For GOP, Debt Ceiling Deal Was Never About Debt — It Was About Conserving Power
Conservatives weaponized the debt deal to consolidate power. Let’s use the budget to create new power structures.
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Social Security’s Back in the GOP’s Crosshairs: Here’s an Alternative to Cuts
Washington’s months-long debate over raising the debt ceiling started with some prominent Republicans calling to slash Social Security.
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The Mineral Rush
Wealthy countries are angling for access to the resources of poorer countries to power a “clean energy” transition. But this transition is about so much more than that.
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In This Washington, the Fantastically Rich Are Finally Frowning
A new state tax on the wheeling and dealing of the wealthy is reaping far more revenue than expected
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Until the River Runs Dry
Every year, wealthy donors divert more money into intermediaries, drying up the river of donations meant for working charities. We can change that.
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Want To Slash the National Debt? Tax Billionaires
Lawmakers need to advance policies that reduce deficits without undermining expenditures that provide us with a safety net and public services.
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Reports
REPORT: Executive Excess 2023
These “Low Wage 100” large corporations are enriching CEOs at the expense of both workers and taxpayers.
REPORT: Still A Dream: Over 500 Years to Black Economic Equality
60 years after the March on Washington for Jobs and Freedom, the racial wealth divide persists.
REPORT: The Warfare State: How Funding for Militarism Compromises Our Welfare
Nearly two-thirds of the federal discretionary budget goes to militarized federal programs, leaving just over a third for our communities — a sliver some lawmakers want to cut even further.
REPORT: A Tale of Two Retirements 2023
Our tax code helps CEOs retire in luxury while ordinary workers struggle. Here’s how to fix it.
Report: High Flyers 2023: How Ultra-Rich Private Jet Travel Costs the Rest of Us and Burns Up the Planet
In this report, we assess the environmental, economic, and security risks of private jet travel — and lay out tax reforms to offset them.