United for a Fair Economy CONTACT:29 Winter St. Boston, MA 02108 www.FairEconomy.orgBrian Miller, Executive Director
DESCRIPTION:The first beneficiaries of expanding economies are the relatively few
investors and entrepreneurs—whom profit incentives directly
reward rather than the relatively many workers, who also help make it
happen. For several decades now, the American economy has been hugely expanding, with globalization and technological revolution. While
real wages have been stagnant (since 1973 average hourly earnings
actually declined, though only by 0.4%) capital gains and high-end
salaries have multiplied—the most egregious example being CEOs'
salaries, which from 1980-2004 soared from 42 times the average
worker's salary, to 301 times the average. Almost everyone agrees that
the growing disparity is socially and politically unhealthy, though
analysts differ on the causes and cures. In this context, it is
inevitable that both philanthropy and government are drawn into the
discussions.
United for a Fair Economy (UFE) is a response on the philanthropic
side, founded in 1995 by people concerned about increasing
maldistributions of wealth and income. Organizing to promote fair
taxation is UFE's strategy for achieving a more just society. Toward
this goal, they work with many different groups to influence taxation
debates at national, state and local levels, and have spearheaded the effort to preserve the estate tax. Making complex economic
information accessible, interesting, and politically compelling is not
easy, and they are working hard to teach well. They need your help,
and invite you to join the struggle. (2002: HUMAN SERVICES: Well-Being)
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