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Today in Labor History

June 27, 1985: A 26-day strike of New York City hotels by 26,000 workers—the first such walkout in 50 years—ends with a 5-year contract calling for big wage and benefit gains.


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Updated: Jun. 27 (16:43)

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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… alternate.org
 
 
Teamsters local 570
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