Strong unions are key to combatting wealth inequality

[TexasTowelie]

Labor unions are a time-tested way for workers to organize and negotiate collectively for higher wages, better benefits, and safer working conditions.

By advocating for better conditions in their own workplaces, unions also set standards for workers throughout the country. While union membership has declined since the 1960s, unions are still key to building a stronger, fairer economy for working Americans.

Unions combat income inequality

All workers contribute to the economy and deserve a fair share of the benefit when the economy is growing.

Collective bargaining through labor unions helps create a fairer society. Unions ensure that a greater portion of a corporation’s profits go into employee’s paychecks, not into shareholder dividends. This ultimately means that ordinary Americans enjoy a larger share of economic growth when unions are stronger.

Read more: https://mainebeacon.com/strong-unions-are-key-to-combatting-wealth-inequality/

[at140]

1. Higher taxes on wealthy much more effective

Wealth tax on living individuals is my preference. Next higher income tax on top 20% of incomes.
Unions are good but union wages are nothing compared to incomes and wealth of top 5%.

I worked for an unionized outfit, and what I did not like is layoffs were strictly based on seniority.
I hated to see losing hard working younger workers.

[demosincebirth]

2. Unions made the middle class

[at140]

3. Agreed but your context was about wealth inequality?

No one can argue we don't have extreme wealth inequality. Best and fastest and most effective way to fix that is lower taxes on middle class and increase them on wealthy class.