Sanders Pushes for 95 Percent Tax on Corporate ‘Windfall’ Profits
By Aris Folley; The Hill Senate Budget Committee Chairman Bernie Sanders (I-Vt.) on Tuesday made a push for a bill that seeks to levy a 95 percent tax on windfall profits of companies that bring in more than $500 million in revenue annually. Sanders highlighted reports detailing higher profits made by companies like Exxon Mobil and Tyson Foods during the pandemic. “Is it appropriate
Sanders, investors warn Starbucks on response to unionization
By Ellen Meyers, Roll Call Coffee chain Starbucks Corp. is facing calls from Sen. Bernie Sanders and investors to refrain from infringing on employees’ efforts to unionize, as it and other companies are under increasing pressure to improve human capital management. Sanders, I-Vt., urged former Starbucks executive Howard Schultz, who is returning to lead the company on April 6 after CEO Kevin Johnson
Sanders Looks to Shoot Down Bezos’ Moon Plans
By Bryan Bender; POLITICO Jeff Bezos’s space company is back in the running to return NASA astronauts to the moon, but Sen. Bernie Sanders wants him to do it without using taxpayer money. Blue Origin got a second chance last week to compete for a contract to develop a lunar lander after it lost out to rival Elon Musk’s SpaceX last year. But as
White House studies options on gas prices as Sanders pushes profits tax
By Jeff Stein, The Washington Post The White House is studying a range of potential responses to rising gas prices as top Democrats in Congress push the administration to embrace a new tax on large corporate profits ahead of the 2022 midterm elections. With the price of gas jumping after Russia’s invasion of Ukraine and remaining high, Biden administration officials
Bernie Sanders Calls for the Cancellation of All Medical Debt
By Sharon Zhang, Truthout Sen. Bernie Sanders (I-Vermont) called for medical debt to be abolished on Monday in response to news that the country’s three largest credit agencies will be removing paid-off medical debt from credit reports. Experian, Equifax and TransUnion announced last week that credit reports will no longer include medical debt that went to collections after it’s been paid off.
Sanders Tells Starbucks CEO to Stop Union Busting and “Obey the Law”
By Shron Zhang, Truthout As former CEO Howard Schultz takes the helm once again at Starbucks, Sen. Bernie Sanders (I-Vermont) has demanded that the company “do the right thing” and allow employees to exercise their legal right to organize. On Tuesday, Sanders wrote a letter to Schultz demanding that the company step out of the way of unionizing workers. He emphasized that
