(2022-08-08). Clearing The Way For A Whiter, Wealthier Tax Base In Minneapolis. popularresistance.org Minneapolis, Minnesota — Minneapolis has experienced a real estate boom since the economic crash of 2008 which was triggered when lenders gave out millions of discriminatory home loans with adjustable interest rates to mostly Black and brown families causing a massive nationwide mortgage default. | In the past decade, the city added over 20,000 new units to its housing stock, with the overwhelming majority being rental units. With increased housing supply, Minneapolis added 60,000 new residents, according to the 2020 census. In recent years, the City of Minneapolis has attempted to codify "upzoning," a prac…
(2022-08-08). America Created 522K Jobs In July Despite Inflation, Recession Fears But Black Unemployment Almost 100% Higher. moguldom.com The U.S. economy gained 528,000 jobs in July despite recession warning signs with overall unemployment dropping to a -year-plus low, but the Black workers were the only demographic group to see unemployment rise. The Black unemployment rate is almost 100 percent higher than white at 6 percent compared to 3.1 percent. Unemployment fell across the …
(2022-08-08). President Petro Announces Tax Reform to Achieve Social Equity. telesurenglish.net During his inaugural speech on Sunday, Colombia's President Gustavo Petro confirmed that his administration will present a tax reform to Congress to obtain resources to help the most vulnerable population. | RELATED: | "Equality is possible if we are capable of creating wealth for everyone, and if we are capable of distributing it more fairly. That is why we propose an economy based on production, work, and knowledge. An…