In the News

Mention

One Expert’s Tax Day Message: Fight Profiteering by Hiking the Corporate Tax Rate

"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.

April 15, 2024 Common Dreams

Press Release

On Tax Day, Groundwork’s Lindsay Owens Explains How We Can Use the Tax Code to Rein in High Prices

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.

April 15, 2024 Groundwork Collaborative

Mention

GOP Affirms 2025 Tax Plan If Trump Wins: More Giveaways to the Rich

"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."

April 12, 2024 Common Dreams

Press Release

Groundwork’s Lindsay Owens on Ways & Means Tax Hearing: “The conservative playbook for the 2025 tax fight is coming into focus”

“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.”

April 11, 2024 Groundwork Collaborative

Press Release

ICYMI: Groundwork’s Lindsay Owens Joins Bloomberg Radio to Discuss Rate Cuts, Inflation, and Corporate Profits

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.

April 11, 2024 Groundwork Collaborative

Mention

Balance of Power – Next Steps in Congress

On this edition, Joe and Kailey speak with: Groundwork Collaborative Executive Director Lindsay Owens about the latest inflation data.

April 11, 2024 Bloomberg

Mention

Morning Money – What higher for longer means

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.

April 11, 2024 Politico

Mention

Groundwork’s Rakeen Mabud Reacts to March CPI Report

“While today's numbers are disappointing, they should not deter the Fed from their planned interest rate cuts. High interest rates won’t bring down the high housing and energy costs that are driving the affordability crisis for millions around the country.”

April 10, 2024 Groundwork Collaborative

Mention

Inflation Stays Stubborn: What the latest numbers mean for you

“While today’s numbers are disappointing they should not deter the Fed from their planned interest rate cuts," Rakeen Mabud, chief economist at Groundwork Collaborative, said in a statement. "High interest rates won't bring down the high housing and energy costs that are driving the affordability crisis for millions around the country."

April 10, 2024 Star Tribune

Mention

House Conservatives Deal a New Blow to Johnson

Some economists questioned the idea that sticky inflation should spur the Fed to delay interest rate cuts. Lindsay Owens of the Groundwork Collaborative, a liberal think tank, said that some of the leading sources of inflation are largely immune to the Fed’s influence, since interest rates have little effect on the cost of car insurance or auto repair, for example. "None of these things are remotely in the realm of things that are impacted through demand destruction," Owens told The Washington Post. "I think if anything, this was not good news for those of us who want to see rate cuts sooner, but I think that’s unfortunate and misguided."

April 10, 2024 The Fiscal Times