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Libertarian
Quick Hit
by Ellyn Fortino
6:29pm
Thu Aug 4, 2016

Experts: Financial Transaction Tax A 'Win-Win For U.S. Economy'

A financial transaction tax would help Wall Street work for Main Street, experts at the left-leaning Economic Policy Institute (EPI) argue in a new report.

In light of the Democratic Party endorsing a financial transaction tax in its platform, EPI's report details how much revenue such a policy could raise, putting the figure anywhere between $110 billion to $403 billion annually.

The tax would impose a small levy on trades of stocks, bonds, derivatives and other financial transactions.

PI Original
by Ellyn Fortino
6:31pm
Tue Aug 2, 2016

Low-Wage Workers To Push For 'Inclusive Prosperity' At Fight for $15 National Convention

The first-ever nationwide Fight for $15 convention will be held next week in Richmond, Virginia. Low-wage workers will call attention to economic and racial justice issues, including "the enduring effects of slavery on black workers." Progress Illinois talked with a Chicago worker who plans to attend the two-day event.

PI Original
by Ellyn Fortino
6:08pm
Fri Jun 5, 2015

Election 2016: Evaluating The GOP Presidential Candidate Pool (VIDEO)

Progress Illinois provides highlights from a wide-ranging University of Chicago Institute of Politics discussion on the 2016 presidential race, featuring journalists from BuzzFeed News, US News & World Report, The New York Times and The Washington Post.

Quick Hit
by Ellyn Fortino
3:23pm
Thu Apr 23, 2015

'Right-To-Work' Laws Could Pull Down Worker Wages By 3.1 Percent

Statewide "right-to-work" policies drive down worker wages for both union and nonunion members by 3.1 percent, finds a new report by the Economic Policy Institute (EPI), a Washington, D.C. think tank.

That means full-time, year-round workers living in right-to-work states earn, on average, $1,558 less annually than similar workers in states without such regulations, according to the report.

EPI researchers used demographic, cost-of-living and labor market controls in calculating their findings.

"It's abundantly clear that right-to-work laws are negatively correlated with workers' wages," report co-author and EPI senior economist Elise Gould said in a statement. "Our model uses widely-agreed upon variables, and holds up under a series of tests to ensure that the model is sound and not being skewed by the inclusion or exclusion or particular variables or estimate technique."

PI Original
by Ellyn Fortino
4:15pm
Mon Sep 22, 2014

Worker Advocates Fearful Of Rauner's 'Anti-Labor' Agenda

Critics of GOP gubernatorial candidate Bruce Rauner's stance on labor issues say his proposed policies would spell bad news for Illinois workers, retirees and unions.

PI Original
by Ellyn Fortino
6:56pm
Wed Apr 23, 2014

Rand Paul Visits Chicago To Talk Politics, Education Reform (VIDEO)

U.S. Sen. Rand Paul (R-KY) was in Chicago Tuesday to discuss politics and education reform at two events in the city. Progress Illinois recaps some of the highlights from the discussions. 

Quick Hit
by Ashlee Rezin
4:34pm
Wed May 29, 2013

Push Back Against Koch Brothers' Potential Tribune Purchase Continues With National Day Of Action (VIDEO)

Protesters are ramping up advocacy against the potential sale of all or some of the Tribune Company to the conservative billionaire Koch brothers with a nationwide day of action. Meanwhile, the number of signatures on various online petitions has risen to more than 500,000.

“We will not sell our freedom of speech. We will not sell our right to have independent news. We will not sell the City of Chicago,” said Shani Smith, 38, a project organizer with Stand Up! Chicago. “We are here for senior citizens, for children, for working families, and that’s what we stand for. If the Koch brothers don’t stand for it, they most certainly cannot buy the Chicago Tribune.”