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    Chris Christie's Millionaire Tax Meltdown

    You may not have heard, but New Jersey Governor Chris Christie continues to prove that he’s a millionaire’s best friend– at least when it comes to taxes. Read UFE's newest article here.

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    Open Letter to Gov. Chris Christie & the NJ Assembly about the Estate Tax

    We are among the wealthiest New Jerseyans. We value the quality of life in our state. We believe New Jersey should have top-notch public schools and universities, well-funded public services, hospitals, parks, and public transportation, all paid for through a progressive federal, state and local tax structure.

    We agree that New Jersey’s transportation infrastructure is in dire need of improvement, long overdue for adequate funding, so we applaud our elected officials’ intention to replenish the state’s Transportation Trust Fund. These infrastructure improvements benefit all of our citizens, but especially those at the lowest economic rungs who stand to pay less in transportation costs and car repairs. But this new revenue should not be paired with tax cuts for the wealthy.

    At current levels, each signatory below would pay the estate tax in New Jersey. As citizens who are among the wealthiest 5% of residents in our beloved state, we have both the means and the responsibilityto contribute more to the needs of our state. We strongly object to the proposal to eliminate New Jersey’s estate tax on people like ourselves as part of the transportation bill.

    The estate tax is not only an important source of revenue, but is also our only tax on accumulated fortunes, the bulk of which have never been subject to capital gains taxation. It would be a travesty to give a tax break to a small cohort of wealthy families (including ourselves) at the expense of adequately funding schools, health care, public infrastructure and other pressing needs in the state.

    Eliminating New Jersey’s estate tax after 100 years would be a short-sighted mistake. We urge Governor Christie and the legislature to REMOVE this provision from the Transportation Trust Fund bill (S-2411; A-12). A more responsible plan would be to raise the exemption level to $2 million per person, which would exempt 78% of current estates but preserve 72% of the roughly $300 million in annual revenue from the estate tax. 

    Signed,

    Diane Abel, Bloomfield • Elizabeth Bates, Princeton • Ira Belsky, Franklin Lakes • Theodore Chase, Jr., Princeton • Jun Choi, Edison • William Corwin, Princeton • Elizabeth Counselman, Princeton • David Drukaroff, Lakewood • Wilma Emmerich, Princeton • Grover Furr, Bloomfield • Eliane Geren, Princeton • Elizabeth Gibson, Princeton • Steve Gold, Caldwell Carol Golden, Princeton • Ed Gracely, Sicklerville • Brian Greenberg, Shrewsbury • Lonnie Hanauer, West Orange • Stephanie Harris, Hopewell • Joann Held, Pennington • Fred Hillmann, Union • Matthew House, North Brunswick • Jeffrey Keefe, Lakewood • Pat Kenschaft and Frederick Chichester, Upper Montclair • Shelley Krause, Princeton • James Litvack, Princeton • Carleton Montgomery, Medford • Diane Riley, Madison • Beth and Andrew Rothman, Princeton • Eric Schoenberg, Franklin Lakes • Jane Silverman, Princeton • Robert Steinbaum, Montclair • Kevin Walker, Collingswood • Karl Walko, Audubon • Torry Watkins, Hightstown • David B. Wilson, Jersey City • Susan N. Wilson, Princeton • Francis Wood, Mendham

    You can sign this letter by clicking here.

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    Liberation Economics

    We are excited to introduce you to an amazing 2016 “Liberation Economics” class from across the nation – representing communities from Anchorage, Alaska to Washington DC, from Cambridge, MA to rural Kentucky.

    This year we are offering more scholarship money than ever before.

    We know the work for Economic Justice MUST be accessible to those who are the most deeply affected by economic inequalities. 

    That's why we need you

    As a small not-for-profit organization, we are asking for your support in assuring we can continue the vital work of education for movement building far into the future. We hope that you will pay your wisdom forward.

    We are asking you to lead with us as you have so many times in the past: grassroots funding for grassroots movement building. 

    Your donation is an investment in the leaders our movements need now more than ever

    In Solidarity,

    The Popular Education Team: Jeannette, Riahl, and Eroc

    “United for a Fair Economy is excited to once again present LIBERATION ECONOMICS, an advanced training for experienced facilitators! For 20 years UFE has facilitated hundreds of workshops and trainings on Popular Economics Education around the country. This year UFE is honored to partner with the Highlander Center and Equipo Maiz from El Salvador to provide an advanced training for experienced organizers and facilitators.  This training will provide participants with tools for facilitating conversations about capitalism, racism and sexism that are meaningful, highly interactive and even fun!”   

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  • Featured Page

    Now Hiring: NC Organizer, Inclusive Economy Network

    This North Carolina-based organizer will support a coalition and its members to improve the lives of low-wage workers across NC.

    Some pre-work has already been done and there is some consensus around what specific policies this coalition is likely to organize around. This coalition organizer will take it from here: move this consensus toward a campaign strategy and help manage day-to-day operation of the coalition in a manner that works toward shifting state policy. 

     

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  • Featured Page

    A Victory for Postal Banking

    A little over a year ago, United for a Fair Economy released State of the Dream 2015: Underbanked and Overcharged. This groundbreaking report looks at the banking industry from the perspective of low-wage workers and people of color. We are thrilled to be sharing a small victory that has happened partly because of this report and the policy solutions it proposed.

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    Apply today for Liberation Economics!

    Registration is now open for LIBERATION ECONOMICS. Liberation Economics is an advanced training for experienced facilitators that will provide participants with tools for facilitating conversations about capitalism, racism and sexism using fun and interactive activities. Join us!   

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  • Featured Page

    The Art of the Steal: GE's Massive $270-Million-Dollar Massachusetts Megadeal

    According to a recent quarterly earnings report, GE is doing fantastically well, bringing in $23.5 billion in orders and income during the first three months of 2016. It has done so well, in fact, it bought back $6 billion worth of stock, while also giving $2 billion worth of dividends to shareholders.

    In the face of this incredibly profitable three months, it seems almost laughable that the Commonwealth of Massachusetts and the City of Boston­­—spearheaded by Governor Baker and Mayor Walsh—have committed to shelling out over $270 million in public funds for the luxury of moving some several hundred white-collar workers to Boston’s Seaport Innovation District. 

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    Sharing in the Solution: Responsible Wealth for Fair Taxes

    In 2009, New York State was facing a $15-20 billion budget deficit, and nobody was talking about taxing the wealthy. Responsible Wealth (a project of United for a Fair Economy) wrote an open letter, signed by 100 upper-income New Yorkers, and suddenly the conversation changed. It was renewed in 2011, but now the temporary tax rates are set to expire again, and it's time for a permanent, more progressive tax on upper income New Yorkers. 

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    Letter: Supreme Court Nominee Should Reflect and Respect Nation’s Diversity

    A national group of experts focused on building an inclusive society laid out a set of characteristics they are seeking in the next nominee for Supreme Court Justice. The Experts of Color Network calls for a constitutional visionary with a deep appreciation for the nation’s diversity and an understanding of how historical laws, policies and practices have shaped opportunity and adversity today.

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  • Featured Page

    What Nobody Is Talking About in Flint

    Governor Rick Snyder was inaugurated on January 1, 2010. Coming from big business and venture capital, he only took six weeks in office to propose a radical redistribution of the state’s shrinking tax base.

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