[NJFAC] Minn. Fed.: Income Distributions and Dynamics in America: Chart and Map Toolkit

Income Distributions and Dynamics in America: Chart and Map Toolkit | Federal Reserve Bank of Minneapolis

The charts and maps on this page use statistics from the Income Distributions and Dynamics in America dataset to visualize how income is distributed across dimensions that reflect communities and geographies in the United States.

The tabs organize the data based on four characteristics: race and ethnicity, sex, U.S.- or foreign-born, and age. The menus customize the map and chart to your particular values of interest. First choose the percentile of the earnings distribution you want to see. Next, choose the type of earnings. You then choose the group you want to see values for.

The map displays data for the year you choose, while the line chart displays your selected values over time.

Explore the X percentile of the distribution of [income] among people who are [race or ethnicity, sex, US,foreign-born] in [year]

Compare these values with White incomes?  Yes No

Income Distributions and Dynamics in America: Chart and Map Toolkit | Fe...

cited by an article in Counterpunch

Newsflash: Inequality in Neoliberal America David Schultz If anyone is perplexed or surprised why Americans are so upset about the economy, they should look no further t...

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June Zaccone
National Jobs for All Network
http://www.njfac.org

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[NJFAC] Americans Across the Political Divide Want a Federal Job Guarantee

Americans Across the Political Divide Want a Federal Job Guarantee ByThe Center for Working-Class Politics

A look at all the available survey data on public support for a job guarantee shows consistently strong support for the idea. It's a winning idea for the Left.

Workers prepare to lift a new pedestrian bridge into place at the Stamford Transportation Center on August 26, 2023 in Stamford, Connecticut. (John Moore / Getty Images)

There has been steadily increasing interest in a federal job guarantee since Bernie Sanders reintroduced the concept to the American public in the wake of the 2016 presidential primaries.

The idea of a job guarantee is to provide a public option for struggling workers to find gainful employment — especially contributing to badly needed public infrastructure projects but also a wide range of other service-based work in education, health, recreation, and the arts. The idea has a long history in the United States going back to the large-scale job creation programs of the New Deal in the 1930s to the lesser-known Comprehensive Employment and Training Act (CETA) that, by 1978, had put 725,000 people into public sector employment.

Job guarantees, explained Dylan Matthews Imagine if a well-paying job were a human right.

Support for a job guarantee is remarkably consistent across key demographics, including partisanship. A 2023 survey by Data for Progress, for example, found that while Democrats were more likely to support the policy than other voters (88 percent of Democrats responded favorably), independents were also overwhelmingly supportive (74 percent), as were a solid majority of Republicans, particularly those under forty-five.

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Yet the surveys also show that how you present a job guarantee to voters matters. Not surprisingly, given many Americans' concerns about government spending, the two polls that tied a jobs program to potentially costly guarantees of a "good standard of living" (American National Election Studies) or a high guaranteed minimum wage and government-guaranteed health care (Rasmussen) found less backing.....

ps here is the website of CWCP:The Center for Working Class Politics jz

The Center for Working Class Politics

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June Zaccone
National Jobs for All Network
http://www.njfac.org

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[NJFAC] Bloomberg:Corporate America Never Really Quit Forced Labor

Corporate America Never Really Quit Forced Labor

Inmates do billions of dollars of work for companies and governments each year. A landmark lawsuit alleges many are being kept in prison because the business is just too good. By Josh Eidelson May 11, 2024

Lakiera Walker was lying in her bunk bed a year ago, sick with flu and too weak to stand, when a prison supervisor came in to chastise her for missing the afternoon van to work. Walker's job was on an assembly line at Southeastern Meats Inc., a supermarket supplier. The 12-hour shifts on her feet in 30-some-degree cold made her body ache and turned her fingers a deep red. Southeastern Meats paid about $13 an hour for Walker's work packaging its frozen peas and corn, but the state pocketed most of that, including two-fifths for the Alabama Department of Corrections to "assist in defraying the cost" of her incarceration.

That afternoon, a fellow inmate would need to carry Walker to a medical ward. But when the ADOC officer found her in her room, she says, her health wasn't his concern.

"I am so sick," she told him.

"Get up and go make us our 40%," he replied.

"It made me feel," Walker recalls, "like he was a pimp."

Now Walker, a 37-year-old recently paroled after 15 years in prison, has teamed up with nine still-incarcerated fellow plaintiffs, as well as some prominent labor lawyers and unions, to file a class action. They're suing Alabama Governor Kay Ivey, the state's attorney general, the prisons commissioner, parole board leaders, and a slew of cities, along with companies they claim rely on forced labor, including Hyundai supplier Ju-Young, beer distributor Bama Budweiser of Montgomery, and franchisees of KFC, McDonald's, and Wendy's. The workers suing are all Black. Their class action accuses the defendants of human trafficking, racketeering and violating the Ku Klux Klan Act, which targets conspiracies to deprive people of their constitutional rights. They argue that the government officials colluded to keep Black people imprisoned and available as cheap labor and that the companies conspired to profit from the coerced work. The suit, filed right before Christmas, says it seeks "to abolish a modern-day form of slavery." ....

There are 800,000 incarcerated workers in the US, and they do roughly $10 billion worth of work a year, more than $2 billion of it for clients outside the prison system, according to a 2022 study by the American Civil Liberties Union and the University of Chicago.....

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June Zaccone
National Jobs for All Network
http://www.njfac.org

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[NJFAC] US Billionaires Pay Lower Tax Rate Than Working Class for First Time

'Absurd!': US Billionaires Pay Lower Tax Rate Than Working Class for First Time "It's time to tax the billionaires," economist Gabriel Zucman argues in a new analysis. Jake Johnson Common Dreams, May 03, 2024

An analysis published Friday by the renowned economist Gabriel Zucman shows that in 2018, U.S. billionaires paid a lower effective tax rate than working-class Americans for the first time in the nation's history, a data point that sparked a new flurry of calls for bold levies on the ultra-rich.....

To begin reversing the decades-long trend of surging inequality that has weakened democratic institutions and undermined critical programs such as Social Security, Zucman made the case for a minimum tax on billionaires in the U.S. and around the world.

"The idea that billionaires should pay a minimum amount of income tax is not a radical idea," Zucman wrote Friday. "What is radical is continuing to allow the wealthiest people in the world to pay a smaller percentage in income tax than nearly everybody else. In liberal democracies, a wave of political sentiment is building, focused on rooting out the inequality that corrodes societies. A coordinated minimum tax on the super-rich will not fix capitalism. But it is a necessary first step."....

"The idea that billionaires should pay a minimum amount of income tax is not a radical idea," Zucman wrote Friday. "What is radical is continuing to allow the wealthiest people in the world to pay a smaller percentage in income tax than nearly everybody else. In liberal democracies, a wave of political sentiment is building, focused on rooting out the inequality that corrodes societies. A coordinated minimum tax on the super-rich will not fix capitalism. But it is a necessary first step."

Responding to those who claim a minimum tax would be impractical because "wealth is difficult to value," Zucman wrote that "this fear is overblown."...

The last 2 paragraphs seem inconsistent--a tax on wealth is not a min. tax on income.  However, from the Times article: "There is a way to make tax dodging less attractive: a global minimum tax. In 2021, more than 130 countries agreed to apply a minimum tax rate of 15 percent on the profits of large multinational companies. So no matter where a company parks its profits, it still has to pay at least a baseline amount of tax under the agreement.... ....another coordinated minimum tax — this one not on corporations, but on billionaires. The idea is simple. Let's agree that billionaires should pay income taxes equivalent to a small portion — say, 2 percent — of their wealth each year. Someone like Bernard Arnault, who is worth about $210 billion, would have to pay an additional tax equal to roughly $4.2 billion if he pays no income tax. In total, the proposal would allow countries to collect an estimated $250 billion in additional tax revenue per year, which is even more than what the global minimum tax on corporations is expected to add."

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June Zaccone
National Jobs for All Network
http://www.njfac.org

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