On any given day, Groundwork's analyses, op-eds, reports, and commentary are featured in leading publications and on the most influential news programs and podcasts.
Today at a Roosevelt Institute event, “Tax Policy as Competition Policy,” Sen. Elizabeth Warren (D-MA), on the topic of the Trump Tax Scam stated, “We are subsidizing corporate price gouging.”
Today, the U.S. House Financial Services Committee approved legislation that would repeal a rule by the Consumer Financial Protection Bureau to cap credit card late fees at $8.
Today, President Biden delivered a speech in Scranton, PA on the need for tax reform, stating, “Trickle-down economics failed the middle class – it failed America.”
"These days most Americans are thinking a lot more about high prices than they are about taxes. But the two things are actually connected," said Groundwork Collaborative executive director Lindsay Owens, pointing to a 2017 law that delivered massive tax breaks to corporations and the rich.
Groundwork Collaborative released a new video featuring Executive Director Lindsay Owens who has a message this Tax Day: Let’s use the tax code to rein in corporate profits and prices. With many provisions of the Trump Tax Scam set to expire in 2025, there is an opportunity to rewrite the tax code to end giveaways to the wealthy and corporations, including those that incentivize corporate profiteering.
"Today the American people got a preview of what's in store for them next year if the Trump Tax Scam expires under conservative leadership," Groundwork Collaborative executive director Lindsay Owens said following the House hearing. "The conservative playbook for the 2025 tax fight is coming into focus, and we can be sure it includes more giveaways for the wealthy and corporations."
“Today the American people got a preview of what’s in store for them next year if the Trump Tax Scam expires under conservative leadership. The conservative playbook for the 2025 tax fight is coming into focus, and we can be sure it includes more giveaways for the wealthy and corporations.”
Groundwork’s Executive Director Lindsay Owens joined Bloomberg Radio’s Balance of Power to discuss the March CPI report and latest PPI numbers, why they show that the Fed’s tools for fighting inflation are not well-suited, and overall economic outlook.
On this edition, Joe and Kailey speak with: Groundwork Collaborative Executive Director Lindsay Owens about the latest inflation data.
Rakeen Mabud, chief economist of the left-leaning Groundwork Collaborative, argues that the Fed needs to cut soon. She said gasoline and housing are helping drive rising prices and aren’t something the central bank can tamp down on with higher rates. “It’s really important for the Fed to recognize they are playing chicken with our economy, and they are playing chicken with the lives of millions of people,” she said.