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27 House members sign letter asking Nancy Pelosi and Kevin McCarthy to bring stock trading ban to the floor: ‘We came to Congress to serve our country, not turn a quick buck’

27 House members are calling on leadership to “swiftly bring legislation” to ban stock trading to the floor. Rep. Jared Golden, who led the letter, says he wants to “make sure that we’re pushing for legislative action.” House Speaker Pelosi is now open to banning lawmakers and their spouses from trading stocks “if members want toContinue reading “27 House members sign letter asking Nancy Pelosi and Kevin McCarthy to bring stock trading ban to the floor: ‘We came to Congress to serve our country, not turn a quick buck’”

‘Bad Politics, Bad Policy’: Sanders Slams House Democrats for Including Tax Cut for Rich in BBB

“The bottom line here is we have to help the middle class, not the 1%,” said the senator. Sen. Bernie Sanders warned late Thursday that a tax deduction that will disproportionately benefit wealthy Americans and that Democratic House leaders insisted on keeping in the Build Back Better Act will harm the party in upcoming elections,Continue reading “‘Bad Politics, Bad Policy’: Sanders Slams House Democrats for Including Tax Cut for Rich in BBB”

As Americans Demand Tax Reforms, Analysis Finds Top 1% Hold More Wealth Than Whole Middle Class

By comparison, in 1990 the top 1% held just 17% of the nation’s wealth—less than half of the middle class’ 36%. As the bombshell Pandora Papers continue to expose dubious details about how the world’s superrich hide their fortunes and avoid paying their fair share of taxes, Bloomberg on Friday published an analysis of U.S. Federal Reserve data revealing that Americans inContinue reading “As Americans Demand Tax Reforms, Analysis Finds Top 1% Hold More Wealth Than Whole Middle Class”