Shareholder Activism

How Do We Coddle the Super-Wealthy?

September 30, 2011

— Shannon M.

The rules that shape our economy have been influenced by the super-wealthy over the past 30 years, and tilted in their favor. Here's how. (See sources here.)

Where Do Corporate Tax Breaks Go?

August 1, 2011

— Adam Katz

Taxpayers provide billions of dollars in subsidies to some of the country's largest corporations. These behemoth companies — often referred to as "job creators" by conservative talking heads — then make billions of dollars in profits and disburse billions of dollars in dividends to shareholders (the owners). But, what do taxpayers get in return? More jobs?

VIDEO: Where Do Corporate Tax Breaks Go?

July 21, 2011

— Adam Katz

Crossing the Corporate Moat – RW Fights Unfair Foreclosures

June 14, 2011

— UFE Intern

By Responsible Wealth Intern, Adriana Hernandez

Since last fall, Responsible Wealth (RW) members and our allies have been working on a shareholder resolution and strategies to shed light on how banks and mortgage servicing institutions are handling foreclosures.

Through this work RW developed partnerships with, among others, New York’s Neighborhood Economic Development Advocacy Project (NEDAP) and the PICO National Network. Together, we drafted resolutions on foreclosure mitigation practices, and consolidated our resolutions into one that targeted the use of robo-signing throughout the foreclosure process.

Thanks to the support of RW members, this resolution was filed at Bank of America, JP Morgan Chase and Wells Fargo in November. Unfortunately, our resolution was beat out by less than 48 hours by similar resolutions filed by the AFL-CIO and the Comptroller of the City of New York. As a result, our resolutions were not on the ballots (as those that preceded were substantially similar), but that didn’t mean our fight was over.

Creative Action

April 5, 2011

— Shannon M.

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Projects

Estate and Federal Taxes

Campaigns that strive to expand public conversations and influence policy makers on key federal tax policy and economic issues.

Responsible Wealth

A network of over 700 individuals who are among the wealthiest five percent of Americans who advocate for fair taxes and corporate accountability.

Popular Economics Education

A series of participatory workshops that transform economic statistics into engaging learning experiences to move people to action.

Racial Wealth Divide

Provides resources that deepen understanding about boundaries to economic parity among communities of color.

Tax Fairness Organizing Collaborative

A network of 28 state-level advocacy groups that promote fair and adequate taxation at the state and federal levels through grassroots organizing.