Tuesday, April 30, 2013
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Wednesday, April 17, 2013
Contact: Press Office 202-628-8669, ext. 123
NOW Supports Robin Hood Tax
April 17, 2013
The National Organization for Women is proud to announce its support of The Inclusive Prosperity Act, a financial transaction tax introduced today by Rep. Keith Ellison, D-Minn. The Ellison bill would create a Wall Street sales tax, providing hundreds of billions of dollars in revenue every year for such critical needs as jobs, health care, education, housing assistance for low-income individuals, and expanding and improving the social safety net.
"It's about time Wall Street started paying its fair share," said NOW President Terry O'Neill. "The people of this country are still struggling to get by, six years after the economic downturn began. Women are disproportionately represented amongst the poor and those working for minimum wage with little to no benefits. We need a strong safety net, and who better to pay for it than the financial institutions that caused the economic crisis in the first place?"
The bill would allow the U.S. to join the rest of the world in a growing system of financial transaction taxes. The recent adoption of a similar tax by 11 European countries -- a tax that will apply to U.S. traders whose payments will fund European priorities -- shows the proposal has momentum and substantial international support.
NOW activists will join the Robin Hood Tax Campaign on Saturday, April 20, for a rally outside the International Monetary Fund and World Bank offices, and then a march to the White House and U.S. Treasury Department.
What: Robin Hood Tax Campaign Rally and March
When: Saturday, April 20, beginning at 12 noon
Where: Rally at Murrow Park (Pennsylvania Ave. between 18th and 19th Streets) adjacent to the International Monetary Fund and World Bank. March follows to the White House and U.S. Treasury Department
In addition to NOW, more than 140 organizations representing millions of members have endorsed passage of the Wall Street sales tax.
"The growing wealth and income gap in this nation is syphoning money away from the U.S. government and the programs it funds," said O'Neill. "The Robin Hood Tax is an important step in returning this money to the people."
Tuesday, April 16, 2013
From NOW founder and award-winning feminist Sonia Fuentes
Thursday, April 11, 2013
Thu, Apr 25: “IT WAS RAPE” A Screening and Discussion with JENNIFER BAUMGARDNER, Filmmaker & Activist
FREE and OPEN TO THE PUBLIC
Tuesday, April 9, 2013
NOW Calls on Congress to Reject President Obama's Betrayal of Women, as Chained CPI Compounds Harm Caused by Gender Pay Gap
Contact: Press Office 202-628-8669, ext. 123
Statement of NOW President Terry O'Neill
April 9, 2013
On Equal Pay Day, the National Organization for Women has a message for Congress: Do not follow President Obama in cheating the women of this country. After facing years of wage discrimination, women cannot afford to be swindled yet again when it comes to their Social Security. Keep the chained CPI out of the federal budget!
The president and the Democratic leadership in Congress may think most voters aren't bright enough to figure out what's going on, but they're flat-out wrong. Voters who helped elect these leaders are now feeling betrayed, as they see supposedly progressive politicians turn their backs on the most vulnerable among us. Recent reports indicate that when President Obama introduces his 2014 budget proposal tomorrow, it will include the chained Consumer Price Index (CPI), in what is either a highly cynical move to bargain with right-wing legislators or a willfully misguided move to undermine our Social Security system.
The chained CPI is a benefit cut for current as well as future Social Security beneficiaries -- in other words, all of us -- and the ill effects would grow worse over time. Women, particularly women of color, would suffer disproportionate harm. The reason for this is illustrated every year at this time, when fair pay activists call attention to the gender wage gap. Equal Pay Day highlights the fact that it takes women in the United States more than three additional months to catch up with what U.S. men were paid during the previous 12 months. On average, women are paid 77 cents on the dollar compared to men. Women of color, who experience a racial wage gap as well, fare far worse. African American women are paid just 70 cents compared to all men, while Latinas are paid 60 cents.
Because of the wage gap, and time taken out of the paid workforce for caregiving, hardworking women retire with less money than men -- often with no savings or investments to sustain them other than Social Security. Those who say the chained CPI won't make much of an impact are either hopelessly dense or just plain deceitful. Also, the idea that we can somehow shield the oldest and poorest Social Security recipients from these cuts is demonstrably unworkable.
Let's face it: Instituting the chained CPI is like tripping someone at the end of a race after forcing them to run on the outside lane the whole way. Can this be the same president who proudly signed the Lilly Ledbetter Fair Pay Act back in January of 2009? NOW activists will be protesting in front of the White House today and registering their disapproval in the coming days and weeks -- until President Obama and Congress reject any cuts to Social Security benefits.