ReportsExecutive Excess 2008: How Average Taxpayers Subsidize Runaway Payby bob ()Our 15th annual Labor Day report (with the Institute for Policy Studies) finds that tax subsidies directly related to executive pay total $20 billion. Average CEO pay is 344 times the pay of an average U.S. worker.
Foreclosed: State of the Dream 2008by Anonymous ()A new report from UFE – Foreclosed: State of the Dream 2008 – examines the racial bias of the subprime mortgage lending crisis, and the resulting huge wealth loss to people of color that has resulted. Executive Excess 2007by Jonathan ()Our annual Labor Day report (with the Institute for Policy Studies) finds that average CEO pay is 364 times the pay of an average U.S. worker. Fair Lending Helps Community Prosperityby bob ()A new report finds that African-Americans in Baton Rouge were more than twice as likely to receive sub-prime home loans as non-minorities in 2005. The report is the second in a series of reports on Louisiana lending practices commissioned by the Louisiana Community Reinvestment Coalition (LCRC) and compiled by the National Community Reinvestment Coalition (NCRC) Research and Policy division. Tax Pride Day (Op-ed)by bob (
As Americans get ready to pay their taxes this month, we ought to declare April 15 "Tax Pride Day." In the face of all the greed and laying up of treasure going on all around us in our consumerist society, let's celebrate those who want a good government that provides all citizens with opportunity and essential services. Our taxes pay for such a government. Why not celebrate the shared investment we all make? Decline of Corporate Taxes & Subsequent Rise of CEO Payby bob ()In 2003, ten large U.S. corporations listed in this report each earned more than $1 billion in pre-tax profits, yet paid no federal income taxes. Taxpayers for a Dayby bob ()Report: CEO Pay Soars at Cos. that Send Jobs Overseasby bob ()CEOs at companies that outsource the most US jobs are rewarded with bigger paychecks, according to a new report, “Executive Excess 2004: Campaign Contributions, Outsourcing, Unexpensed Stock Options and Rising CEO Pay.” Report: Estate Tax Repeal Would Hurt Charitable Givingby bob ()Two new studies by the Congressional Budget Office (CBO) find that a permanent repeal of the federal estate tax would greatly reduce charitable giving. The CBO estimated that overall charitable giving would decline between 6 and 12 percent, and the decline in charitable bequests would range from 20 to 30 percent, if the estate tax were fully repealed. Report: It Takes a Village to Make a Millionaireby bob ()A 2004 report, "I Didn't Do It Alone: Society's Contribution to Individual Wealth and Success," spotlights successful entrepreneurs and concludes that the myth of self-made success is destructive to the social and economic infrastructure that fosters wealth creation. |