What's keeping prices high? "Groundwork Collaborative ... reported that corporate profits accounted for more than 53% of inflation from April to September of 2023. Comparatively, over the 40 years prior to the pandemic, profits drove just 11% of price growth."
Groundwork Collaborative
Civic and Social Organizations
Washington, District of Columbia 3,739 followers
Building an economy that works for all of us. #WeAreTheEconomy
About us
The Groundwork Collaborative is committed to advancing an economic vision for strong, broadly shared prosperity and true opportunity for all. Visit our website and follow us on Twitter @Groundwork.
- Website
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https://www.groundworkcollaborative.org/
External link for Groundwork Collaborative
- Industry
- Civic and Social Organizations
- Company size
- 11-50 employees
- Headquarters
- Washington, District of Columbia
- Type
- Nonprofit
- Founded
- 2018
- Specialties
- Progressive Economic Policy, Strategic Communications, Research, Digital Strategy, Policy Engagement, Economic Think Tank, and Partnerships
Locations
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Primary
Get directions
Washington, District of Columbia 20036, US
Employees at Groundwork Collaborative
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Matt Mazewski
Ph.D. Economist | Researcher | Writer | Economics Educator
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Kitty Richards
Fiscal and Economic Policy Expert, Former Director of State and Local Fiscal Recovery Funds
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Emily Erfani
Non profit operations and strategy leader
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Finn Storer
Communications Manager at Groundwork Collaborative
Updates
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NEW: Our Executive Director Lindsay Owens joined Lever News to discuss how corporations broke the nation’s supply chains, and more importantly, how they've used the cover of the pandemic to price gouge the American people. LISTEN →
Who Broke The Economy?
levernews.com
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A majority of Americans say grocery prices have noticeably increased since the pandemic. Why? Grocery giants have used Covid-era inflation and since-resolved supply chain issues as cover to keep prices high. It's time to bring prices down even further.
80% of Americans say grocery costs have notably increased since the pandemic started, survey finds
cnbc.com
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NEW: The Roosevelt Institute just released a report examining how the 2017 GOP tax law deepened America's racial wealth and income disparities, building on the harm to Black taxpayers in the 1986 Tax Code. Read the full report:
When Tax Policy Discriminates: The TCJA’s Impact on Black Taxpayers - Roosevelt Institute
rooseveltinstitute.org
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In our special June issue of The American Prospect, FTC Chair Lina Khan discusses trends in pricing technologies and tactics — and how government can play a role in protecting the public, including @potus' Strike Force on Unfair and Illegal Pricing:
Lina Khan: Extraction Exterminator
prospect.org
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ICYMI: Last month, a historic coalition of 100+ organizations — from labor to health care to economic justice to civil rights — signed a letter demanding Congress pass bold tax reform in 2025 when 2017 GOP tax law provisions expire:
Groundwork Joins Over 100 National Groups to Urge Congress to Overhaul the Tax Code, Raise Corporate Rate in 2025 - Groundwork Collaborative
https://groundworkcollaborative.org
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"Higher prices reap supernormal profits because of tepid taxation, creating a perverse incentive to profiteer." Bilal Baydoun, MPP concludes our June special issue of The American Prospect with remedies for tackling high prices, including raising the corporate tax rate:
Taming the Pricing Beast
prospect.org
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NEW: Our June special issue of The American Prospect concludes with Bilal Baydoun, MPP's "Taming the Pricing Beast," in which he delves into potential remedies lawmakers can pursue to rein in the predatory pricing strategies running rampant in our economy. Read more:
Taming the Pricing Beast
prospect.org