What do Bill Gates, Archbishop Desmond Tutu, House Minority Leader Nancy Pelosi, and former UN Secretary General Kofi Annan, Nobel-prize winning economist Joseph Stiglitz, have in common? All of these prominent figures support some type of Financial Transactions Tax, a progressive tax on financial speculation.
The proposed U.S. Financial Transactions Tax (FTT), commonly known as the “Robin Hood Tax,” seeks to raise billions of dollars in federal revenue by levying a small excise tax on certain transactions in the financial sector. This study explores at how a Financial Transactions Tax will work, precedents for the tax, and current arguments for and against the tax.Read more
Unbanked and Overcharged looks at the banking industry from the perspective of low-wage workers and people of color. This groundbreaking report finds that over one in five households (mostly Black, Latino, or Native American) are underserved by the banking industry, costing these households an average of $3,029 per year in fees and interest just to access their own money. This "wage theft" takes a total of $103 billion per year out of the communities that need it most.Read more
Healthcare for Whom explores the racial economic implications of one of the most important human rights issues and public policy debates of the day: healthcare.Read more
UFE's tenth annual Martin Luther King, Jr. Day report shows that the racial wealth divide remains and tells the story of how the Great Recession took a greater economic toll on Black and Latino families than on White families.Read more
The Emerging Majority measures the impacts of the past thirty years of public policy on the racial divide, examining a host of social and economic indicators, including income, wealth, poverty, health care, homeownership, education and incarcerationRead more
MAY 25, 2011: At the core of the budget crisis facing states are regressive state tax structures that are unfair, unsound, and unsustainable by design. A report released today by United for a Fair Economy provides a sensible solution: inverting the state’s current tax structure.
Austerity for Whom? surveys the impacts of a tax-cutting, government-shrinking economic agenda – as prescribed by Republican leadership with Tea Party allies – on communities of color.Read more
Drained highlights the shortcomings of colorblind policies and the urgent need for targeted strategies geared toward lifting up the communities in most need.Read more
The Silent Depression explores the silent economic depression that affects communities of color – one that has gone unacknowledged and unaddressed.Read more
This 2008 report examines the racial bias of the subprime mortgage lending crisis, and the devastating wealth loss to people of color that has resulted.Read more
Voting Blue, Staying in the Red explores the impact of the new Democratically controlled Congress.Read more
Stalling the Dream looks at the role of the racial wealth divide in decreasing resilience during moments of crisis.Read more
Disowned in the Ownership Society looks at the disparate views of what an ownership society looks like.Read more
Enduring Disparities looks at the economic outcomes that continue to maintain the racial wealth gap.Read more