Washington, DC — Today in the United States, the credit card market is measured on a scale of billions. The amount of debt owed on credit cards in 2005 was $800 billion; $30 billion is how much lenders profit each year. Under the guise of "democratization" the federal government has deregulated the industry over the past 30 years, eliminating caps on interest rates and penalties. Those who can least afford it are paying the price.
Today, congressional Republicans are pushing tax reform proposals that would cost the country over $5 trillion and would likely widen the racial wealth gap and slow economic growth.
Lowering the corporate tax rate will cost the country at least $522 billion over 10 years, money that should be invested in public goods that benefit us all, not further enriching the already wealthy.
The SAVE Act would gut third-party voter registration, a method more often used by Black and brown voters and other groups that have historically faced greater hurdles in voting.
New York, NY — North Carolina is taking a number of steps to be in full compliance with the National Voter Registration Act of 1993, specifically its requirement that states offer voter registration opportunities in public assistance agencies, according to a new report published this week by Demos, a national election reform and voting rights policy center.
Our Taxes Explained series aims to make tax policy clear and accessible. We want people to know what’s at stake and understand how Trump’s tax cuts are designed specifically to benefit the ultra-rich and corporations.
Ending birthright citizenship would deprive millions of Americans of their foundational right to a representative government and would fundamentally alter and degrade the democratic equality that all citizens enjoy.
These proof of citizenship bills capitalize on anti-immigrant sentiment and perpetuate outright lies to justify restrictive practices that will make it harder for everyone to vote.
The administration’s detention and removal of immigrants without free speech, due process, and judicial authority is a crisis for immigrants and a sign that our democracy is in peril.
How stark racial disparities have long pervaded our financial services system, fueling and entrenching inequality, and why public banks are a transformative, equitable alternative.
Behind the GOP's populist facade lies a tax plan that would benefit corporations and wealthy households while cutting programs like Medicaid and SNAP. Read more to learn how their tax plan could actually impact working people.
Federal agencies spend nearly $760 billion annually on contractors, paid for by our tax dollars. The scale of their spending has the potential to reshape entire industries across our economy—to either create dignified jobs with living wages or reinforce poverty and exploitation.
New York, NY — Everyday, millions of Americans struggle to find affordable medical care for themselves and their families, often leading to long-delayed treatment of illness and financial ruin. In SICK: The Untold Story of America's Health Care Crisis, and the People Who Pay the Price (HarperCollins; April 10, 2007), journalist and Demos Senior Fellow Jonathan Cohn offers a fascinating, first-hand account of America's failing health care system.
