Last week, Half in Ten released its third annual report on its commitment to and efforts toward U.S. poverty reduction. The Half in Ten Campaign is a joint project of the Center for American Progress Action Fund, the Coalition on Human Needs, and The Leadership Conference on Civil and Human rights, with a mission to build political and public will to cut the nation’s poverty rate in half in 10 years.
In her remarks, Neera Tanden, president of the Center for American Progress, stressed the need to move the conversation in Washington away from implementing austerity measures that ultimately harm the poor.
Scripture also reminds us over and over again to care for the least of those in society, including widows, orphans, and immigrants in our midst. We are called to be generous with what we have. Labor Secretary Thomas Perez echoed this truth at the Half in Ten meeting, urging that at this time, we need to “turn toward one another, not against one another.”
All across the European continent (and yes, Britain too), proponents of austerity are losing the argument and facing the political consequences. It is a concept that brought many of them to power in the fallout of the debt crisis, has now become “a dirty word”, and one that the ‘resurgent’ European Left continues to disavow.
While we all know that “it’s the economy, stupid,” what effect do these one-issue elections have on the health of our world? What happens when we become so focused on the money in (or not in) our pockets, that other vital issues fall by the wayside?
In their attempts to prove the ‘austerians’ (very different people from the Austrians) wrong, have those who see stimulus of the economy as the path to prosperity inadvertently lost sight of what is really important to the societies that they govern? Is there a risk that economic growth becomes an end goal, rather than a means to something greater – true human prosperity and investment in human capital?
We're sorely missing the servant leadership of America's CEOs on matters of corporate taxation.
As Congress contemplates trillions in budget cuts that will worsen poverty and undermine the quality of life in America, consider these findings from a new report that I co-authored, "Massive CEO Rewards for Tax Dodging," by the Institute for Policy Studies.
Last year, the compensation of 25 CEOs at major profitable U.S. companies was larger than the entire amount their company paid in U.S. corporate taxes.
These 25 include the CEOs of Verizon, Boeing, Honeywell, General Electric, International Paper, Prudential, eBay, Bank of New York Mellon, Ford, Motorola, Qwest Communications, Dow Chemical, and Stanley Black and Decker.
At Europe Through the Back Door, our tour program just sold its 11,782nd seat for our 2011 season -- topping our best tour sales year ever (2007). Despite our antsy stock market and doom-and-gloom news stories, it seems that our economy is gaining some confidence. And yet, at the same time, our local symphony and arts center are in financial crisis.
As a way to celebrate, to give back to my beautiful hometown of Edmonds, and to spark a little conversation about why a society as affluent as the USA is cutting education, neglecting our environment, and defunding the arts while our wealthy class is doing better than ever, I've decided to make a donation of $1 million (in $100,000-a-year payments over the next decade) to our local symphony and arts center. This sum represents the money I've gained in the 10 years since the Bush tax cuts for the richest Americans (those of us earning over $250,000 a year) took effect.
In the face of state and federal budget cuts, many of us have been fasting and contemplating the question: "What would Jesus cut?" In light of tax day, however, we might equally contemplate: "What would Jesus tax?"
After all, a great deal of our budgetary stress is the result of declining revenue, thanks to the economic downturn and decades of tax cuts.
A new report that I co-authored, "Unnecessary Austerity," argues that before we make draconian budget cuts at the federal and state level, we should reverse huge tax cuts for the wealthy and tax dodging corporations.
The Jesus I know would be concerned about the extreme inequalities of wealth and power that have emerged in our communities. He would rail against principalities and powers that rig the tax rules so the privileged pay less.
He would lament the destruction of God's creation through excessive consumption and pollution. And, he would be alarmed about financial and commodity speculation driving up the cost of food and worsening hunger. (In today's world of high finance, someone would be hedging investments on how quickly Jesus could multiply loaves and fishes.)