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Today in Labor History

April 24, 2013: An eight-story building housing garment factories in Dhaka, Bangladesh collapses, killing 1,129 workers and injuring 2,515. A day earlier cracks had been found in the structure, but factory officials, who had contracts with Benneton and other major U.S. labels, insisted the workers return to the job the next day.

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An Attack on the Payroll Tax
Posted On: Apr 12, 2017
Apr. 12, 2017  | RETIREMENT | … According to an April 9 report by the Associated Press, the Trump administration and House Republicans are looking at repealing the payroll tax as a way to put several thousand dollars a year more into the checkbooks of working- and lower-middle-class households. This 12.4 percent tax, split evenly between employers and employees, funds Social Security. The self-employed pay the full 12.4 percent tax…. It’s hard to know if this report is an intended leak – an old Washington tradition to float ideas to gauge reaction before taking a public stance, or a serious proposal that would fulfill House Speaker Paul Ryan’s long-held goal of turning Social Security into a hybrid public-private system, where Americans would give some of their savings to Wall Street to invest. Wall St. has long coveted those billions… alternet.org







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Updated: Apr. 22 (08:43)

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