August, 12 2022, 06:01pm EDT
Patriotic Millionaires Celebrate House Passage of Inflation Reduction Act
"Today's vote in the House is the biggest win for tax fairness we’ve seen in decades"
WASHINGTON
Today, the House voted to pass one of the most significant climate, healthcare, and tax reform packages this country has seen in decades, the Inflation Reduction Act of 2022 (IRA). This legislation marks the most significant changes to the federal tax code since the Tax Cuts and Jobs Act (TCJA) of 2017.
In response, Morris Pearl, the Chair of the Patriotic Millionaires and a former managing director at BlackRock, Inc., released the following statement:
"Today's vote in the House is the biggest win for tax fairness we've seen in decades: its provisions for tax increases on billion dollar corporations and increased enforcement against wealthy tax cheats are a significant step towards achieving economic equality.
While this bill establishes desperately-needed changes to our tax laws and IRS funding, it is still a far cry from the systemic changes that we need in our society to rectify the hold the rich still have on every level of our economy. We need to take care that we don't let ourselves become complacent: this is a step forward, but only one step in a long journey. We should use this win as an opportunity to revitalize the fight for economic justice and equality, and continue demanding more."
The Patriotic Millionaires is a group of high-net worth Americans who share a profound concern about the destabilizing level of inequality in America. Our work centers on the two things that matter most in a capitalist democracy: power and money. Our goal is to ensure that the country's political economy is structured to meet the needs of regular Americans, rather than just millionaires. We focus on three "first" principles: a highly progressive tax system, a livable minimum wage, and equal political representation for all citizens.
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Pro-Democracy Coalition Plans Mass Mobilization to Counter Trump-Centered 250th Birthday
The Next250 coalition is focused on building a future in the US in which Americans declare their "interdependence" and work together to secure economic justice and an inclusive democracy.
Jun 19, 2026
With the 250th anniversary of the United States' independence approaching, much of the planned celebration has been centered not on highlights of the country's history, the communities that changed the nation by demanding progress on voting and civil rights, or how far the US has come since the Declaration of Independence was signed.
Instead, President Donald Trump has increasingly placed himself and his own views on American history at the center of the semiquincentennial celebration—insisting on a "Freedom 250" UFC fight on the White House lawn, arranging for his own image to appear on US passports and commemorative gold coin, calling himself “the Number One Attraction anywhere in the World" as he stepped in to headline the Great American State Fair after numerous performers dropped out, and using taxpayer dollars earmarked for the 250th birthday to hold an event devoted to the absurd and ahistorical claim that the US was founded as a Christian nation.
Ahead of the official "Freedom 250" events planned for July 4, a coalition of progressive groups—including One Fair Wage, Workers Center for Racial Justice, the Council on American Islamic Relations, and Jews for Racial and Economic Justice—are mobilizing to direct the country's attention away from Trump, Christian nationalism, and even the country's history and its independence—and toward a future in which Americans celebrate their "interdependence."
"Interdependence means recognizing that our lives, communities, and futures are connected," reads the Next250 coalition's website. "It means understanding that none of us are free, safe, or thriving alone, and that the well-being of our communities, democracy, environment, and future generations depends on how we care for one another now."
On June 27, a week before Independence Day, people from across the US are planning to attend a national mobilization in Washington, DC where the coalition will "reckon with our nation’s history and simultaneously declare a shared vision for the future of the country."
The event will amplify the Declaration of Interdependence, a document that focuses on the "collective destiny" of everyone in the US.
"We are one nation, interdependent, woven together by the strength of our ideals, our shared history, and the extraordinary land we live on—stewarded since time immemorial by Indigenous nations whose sovereignty and leadership continue today," reads the declaration. "We can bring this vision to life only by recognizing our common destiny, honoring our shared humanity, and working together."
"Today, too many people in the United States are struggling to meet their basic needs, while a tiny few have more money than nations," the document continues. "Too many of us are feeling disconnected from our neighbors, have lost faith in government, and are longing for community. People do not feel safe from violence. Wildfires, floods, and extreme weather are destroying whole communities. We join together in our shared values to carve a path toward a better future for ourselves and each other."
The declaration pledges to look ahead and build a nation where:
- All people are treated with dignity and respect;
- Everyone feels safe in every community;
- Access to clean, green spaces is abundant;
- Every person who works earns a living wage and benefits that allows families work-life balance.
The mass mobilization planned for June 27 has been years in the making. Key organizers—including political activists Linda Sarsour and Carmen Perez-Jordan and One Fair Wage president Saru Jayaraman—have gathered inspiration for the gathering and the declaration from communities across the country at town halls in Hartford, Detroit, and New York City, as well as "listening sessions" in dozens of states.
The town halls, like the event planned for the 27th, have included music and art exhibitions as well discussions about a more inclusive and democratic future for the US.
The organizers, Sarsour told Common Dreams, "really tried to use the themes, the words that came out of those listening sessions, and to develop this Declaration of Interdependence."
"What it really reaffirmed for me personally and for the folks that were involved is that majority of people agree on very fundamental universal values and principles," Sarsour added. "People want safety. People want dignity. People want to thrive. People are tired of just the survival mode."
The coalition found that "living wages" were an issue that people across the country "fundamentally agree on."
"Everyone, regardless of political party, regardless of where you live in the country, no one wants to work three jobs to support their families," said Sarsour. "So this idea of economic justice and living wages is actually a universal principle and value that people hold in this country."
A majority of Americans also agree on "sensible gun reform," she told Common Dreams, and—despite Trump's insistence that the climate crisis is a "scam," most people in the US do not agree with him. Widespread agreement has also been found when it comes to reproductive rights, with voters in red states like Kansas and Kentucky voting in favor of protecting abortion access in recent years after the Supreme Court's right-wing majority overturned Roe v. Wade.
"I think that when you have conversations about universal values, the question is like, 'What do you think your neighbors want?'" said Sarsour. "And I think everyone is like, 'Yeah, of course, why wouldn't my neighbor want to also make a living wage? Why wouldn't my neighbor also want to have access to healthcare?' It's just, we just never give the opportunity to our people to, to think about these things or ask them, prompt them on these questions about others."
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Thanks to Trump Economy, ‘Dads Are In for Disappointment This Father’s Day’
"While dads across the country should be able to relax and enjoy the day with loved ones, they’re instead forced to worry about how they’ll make ends meet in Trump’s economy."
Jun 19, 2026
A report published Friday reveals how President Donald Trump's policies have jacked up prices for a host of potential Father's Day gifts this year.
Overall, the analysis by Groundwork Collaborative, a progressive economic think tank and advocacy group, finds that prices for popular Father's Day gifts have risen by nearly 19% on average over the last year, highlighted by a 30% increase in the price of Remington electric shavers, a 16% jump for Blackstone electric griddles, and a barbecue tools up by 11%.
The analysis traces price increases of popular personal care products to Trump's global trade war, which he began last year with his "Liberation Day" tariffs levied on practically every nation in the world.
"Many shavers and trimmers are imported from China, which has faced multiple layers of tariffs," notes the report, "in addition to containing steel and aluminum components, which are also subject to additional tariffs."
The report also points out that electric shaver manufacturer Braun "increased the price of its Series 9 All-in-One Beard Trimmer by $50" last year after Trump's big tariff announcement, and that the price has since gone up by another $10.
Examining the increase in grilling product prices, the report pins the blame not only on Trump's tariffs, but also his illegal war of choice with Iran.
"The Middle East is a major producer of the petrochemical used to make plastics and synthetic fibers," the report explains. "Trump’s reckless war on Iran has increased the price of these petroleum-derived products, helping drive up the cost of items like grilling tools, which cost nearly 22% more this year."
Elizabeth Pancotti, managing director of policy and advocacy at Groundwork Collaborative, summarized the report's findings by warning that "Dads are in for disappointment this Father’s Day" thanks to Trump's economic policies.
"While dads across the country should be able to relax and enjoy the day with loved ones," Pancotti added, "they’re instead forced to worry about how they’ll make ends meet in Trump’s economy."
Trump's tariffs and the Iran war have sent inflation in the US to its highest levels in three years. As data released by the US Bureau of Labor Statistics (BLS) last week showed, overall prices in May posted a yearly increase of 4.2%, highlighted by a 23.5% yearly increase in energy prices.
Heather Long, chief economist at Navy Federal Credit Union, said last week that inflation has now grown “so high that it’s erasing all wage gains" being made by American workers.
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Trump's Reflecting Pool Disaster Exposed as More Details Revealed on Firm That Won No-Bid Contract
An expert analysis conducted this week found algae levels in the Lincoln Memorial Reflecting Pool at their highest levels in at least five years.
Jun 19, 2026
New reports have revealed the full scope of President Donald Trump's disastrous renovation of the Lincoln Memorial Reflecting Pool, which the National Park Service this week has been scrambling to clean up.
A Thursday report in The New York Times revealed that the firm tapped to install the pool's water purification system, Greenwater Services, was given a $1.7 million contract that "bypassed the competitive-bidding process that is typically required" for such projects.
Even though Greenwater had only received one other federal contract in the past, NPS said it bypassed the normal bidding process on the grounds that "there was no time to consider other offers because the system had to be installed in time for events celebrating the country’s 250th birthday," reported the Times.
The Times also found that Greenwater is owned by JJ Cafaro Investment Trust, whose owner is a Trump donor and "a neighbor to Mar-a-Lago, the president’s private club in Florida."
The firm's work has come under scrutiny in recent days after a massive algae bloom erupted in the pool, which prompted NPS workers to dump containers of hydrogen peroxide into the water, which had turned a fluorescent green.
As noted by the Times, the NPS refilled the pool before Greenwater had installed a permanent water purification system, which the paper wrote raised "the risk that it would quickly be clouded with algae."
While algae blooms have long been common in the Reflecting Pool, The Washington Post on Thursday commissioned expert analysis of satellite imagery and determined that this year's bloom was the largest to occur in the last five years and that "algae levels spiked days after Trump’s renovation was completed."
Alana Menendez, a postdoctoral researcher at the University of Virginia’s Department of Environmental Sciences, told the Post that there was more algae in the Reflecting Pool on the first week after its reopening than in any other June satellite images of the pool going all the way back to 2021.
Algae blooms aren't the only problem facing the pool, as CNN reported on Thursday that some of the blue material that had been installed at the bottom of the pool as part of the renovation has started peeling off.
Specifically, CNN said that its reporters "observed a flap of blue material that was partially attached to the bottom in one area of the pool and floating toward the top," although the network added that "it is unclear if the material is paint or sealant, and it's unclear what caused it to come up."
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