New data reveals a massive “transfer of wealth” from the working class, which is paying higher prices as consumers, to the investor class reaping the financial benefits. As inflationary pressure drives up costs throughout the economy, a new analysis out Wednesday reveals that corporations are raking in record profits by jacking up prices at the grocery store, gas pump, and […]
Large corporations “have given Senator Manchin over a million reasons to avoid paying their fair share,” said Accountable.US president Kyle Herrig. Sen. Joe Manchin, one of a handful of Democratic lawmakers threatening to tank President Joe Biden’s legislative agenda, has received at least $1.5 million in campaign donations from the businesses and trade groups leading corporate […]
“The more sway mega-corporations have over our economy, the more power they have to gouge customers, squeeze Main Street, and exploit workers.” Amid mounting data showing that people are paying more for food at grocery stores around the United States, a new analysis out Wednesday reveals how corporate power is “the real culprit behind rising prices at the […]
“Republicans’ insistence that the most profitable companies in the world shouldn’t contribute a single penny to investments in roads, schools, and our clean-energy future is simply not acceptable.” Republican Sen. Shelley Moore Capito of West Virginia said Thursday that keeping in place the current 21% corporate tax rate is a “non-negotiable red line” in infrastructure […]