Workers & Economic Inequality

  • Browse by Topic:
  • Search Within Topic:
All Workers & Economic Inequality Commentary

Highlights from Building the Bridge: Solutions to the Infrastructure Crisis

TCF policy associate Jacob Anbinder discusses memorable moments from our latest conference on infrastructure, hosted by the Bernard L. Schwartz Rediscovering Government Initiative.

READ MORE
Tags: white house, rediscovering government, jeff madrick, infrastructure

Why Hasn’t the Economy Fully Recovered? Debt, Debt, Debt

Statistically speaking, the U.S. economy is due for its next recession (with the model that a recession occurs every 6 years). While the economy is in fact looking healthy now, the government has perhaps not taken the smartest steps to prevent this approaching recession. TCF's Dan Alpert suggests that in addition to “an oversupply of labor, productive capacity, and capital,” the U.S. largely ignored working-class and middle-class workers regain financial stability.

Sixty percent of Americans saw their real incomes fall, but they didn’t complain because the “shower” of easy money “allowed them to make up for lost income and maintain living standards — at least for a while.”

Read the full article.

Tags: unemployment, tax policy, recession, national debt, middle-class

POLITICO: Morning Transportation

The Century Foundation's conference, Building the Bridge: Solutions to the Infrastructure Crisis, made it into this week's edition of POLITICO's Morning Transportation.

Blumenauer will also speak downtown during a Century Foundation conference on infrastructure improvement, along with Jason Miller, deputy director of the White House National Economic Council.

See more on the week ahead in transportation and infrastructure here.

Tags: white house, transportation, politico, infrastructure

Does the U.S. Pay Too High a Cost For Free Trade?

TCF fellow Charles Morris explains that despite the strong base of free trade that the U.S. economy is built upon, it may now be decreasing in its effectiveness due to the shifts in Chinese industries and manufacturing.

Yet, over much of the past year, low-cost Chinese steel has flooded U.S. markets, which, DiMicco says, is clear evidence of illegal “dumping.” Beijing, of course, says it complies with all fair trade rules.

But China plays by different rules. Its powerful manufacturing enterprises are largely state-owned, and blessed with a host of subsidies, including Party-determined prices for financings, land purchases, taxes and fuel.

Read the full article from Reuters here.

Tags: us economy, tax rules, manufacturing, international trade, china

Stop Letting the Rich Move to Puerto Rico as a Tax Haven

Apparently certain very wealthy American citizens have decided to take up residence, that is, spend at least 283 days, in Puerto Rico where the US cannot impose federal income tax on Puerto Rican sources and Puerto Rico cannot impose on them local Puerto Rican taxes. TCF fellow Ed Kleinbard says that these loopholes make for some unfortunate capital gains evasion.

The law here is clear, and the only risks are political (that Congress or the Puerto Rican legislature amend their respective tax laws to close down this loophole). But the costs of rolling the dice on the politics are minimal for a superaffluent taxpayer with a big potential capital gains tax bill — sell the homes in Atherton and Telluride, and buy an ocean view estate on the island.

Read Kleinbard's article from The New York Times here.

Tags: tax loopholes, tax evasion, puerto rico, capital gains

Optimistic for the Future, Obama’s Transportation Bill Has No Plan for the Present

While the Obama administration's recently submitted transportation bill should give transportation advocates hope, TCF policy associate Jacob Anbinder explains why the proposal still does not address the policy area's most pressing problem.

READ MORE
Tags: transportation, taxes, obama administration, obama administration, infrastructure, gas

 

Workers & Economic Inequality

Workers & Economic Inequality

In recent decades, and especially since 2000, the richest Americans have enjoyed soaring income and wealth while the rest of the population's living standards have stagnated. The Century Foundation was one of the first institutions to raise serious concerns about these trends and propose ideas for improving economic conditions for all Americans- not just the fortunate few.

Browse by Topic

Stay Informed

Sign up for our mailing list and stay up-to-date on the latest happenings at The Century Foundation

Sign up Today

Contact Us

Send us an email or get directions to The Century Foundation’s offices.

Contact Us

TCF Bookstore

The TCF Bookstore is a curated collection of books and magazines that backup the mission of our organization.

Visit Our Bookstore

Upcoming Events

View All Upcoming Events

Contact:

New York City Office:
One Whitehall St., Fifteenth Floor
NY, NY 10004
DC Office:
1333 H Street, NW, 10th Floor
Washington, DC 20005

Social:
  • Our RSS Feed
  • Find us on Twitter
  • Find us on Facebook

All Content Copyright © 2014 The Century Foundation