Topic

Economic Justice

10,993 petitions

Update posted 3 hours ago

Petition to Michael Gove, HMRC, UK Government, Parliament, EU, Ursula von der Leyen, Boris Johnson

Re-instatement of the Marginal VAT scheme between GB and EU (inc. NI) on Second Hand Goods

“WatchPro” In the case of the free trade agreement signed by Britain and the European Union last year, businesses trading in second hand goods are being hit with a change in taxation rules that puts UK-based operations at a massive disadvantage to competitors on the Continent when selling goods into the EU. The issue relates to a little-known regulation known as the margin scheme. This allows any business based within the EU to pay sales taxes, such as our 20% VAT, on just the profit margin of the trade. Since January 1, the UK is no longer included in the margin scheme, so the same watch selling for £15,000 would now have £3,000 of VAT added. Since all remaining 27 member states of the EU still offer the margin scheme, it means a customer buying the aforementioned Rolex from any trader based in the EU will pay £16,000 for the watch, but a UK-based business selling to an EU-based customer would have to charge £18,000. The disadvantage on price is being compounded by difficulties getting goods cleared through customs. There are additional concerns that the most reputable operations will be undercut by dodgy dealers buying and selling on the black market and not declaring sales for tax purposes. Putting a number of genuine businesses with large employee bases out of business. This could also set perceptions of the pre-owned industry back by years to the days when second hand watch dealing was synonymous with flogging dodgy timepieces from street markets. It is also likely to spark a rush to acquire more watches within the UK, with rising demand potentially leading to higher prices.

Andy Dias
30 supporters
Update posted 13 hours ago

Petition to people

Extend Eviction Moratorium and Support

Extend and Support a Wisconsin Eviction Moratorium February 1st will be a traumatic day for thousands of Wisconsinites. When the CDC Moratorium on evictions is lifted on January 31st, some 35,700-75,500 Wisconsin households will face housing disruption or eviction filings. What will follow will not be the happy end of 2020 we all anticipated, but another year of economic devastation, COVID sickness and death, and despair. The three moratoriums we’ve seen in Wisconsin have mitigated economic disaster. In April, some 415,557 people were unemployed, a 400% increase from March, when COVID first hit. During the moratoriums, people have found work without worry of payments or evictions, with just 156,549 people unemployed in November. However, this progress will evaporate when the millions in rental debt is due and thousands of renters are evicted, hurting all of us—renter and landlord, urban and rural. Evictions will also increase COVID sickness and death. The lifting of state moratoriums across the country last year resulted in 433,700 new cases and 10,700 deaths. This is likely to be even worse given that the new B.1.1.7 variant is 50-70% more transmissible than the original virus. Shamefully, despite these ongoing and impending crises, our state legislators have done nothing. They haven’t passed a single piece of legislation in more than 8 months. That’s why  we need our mayors and city council members to step up—calling on state legislators to act and promoting local solutions. Specifically, we call upon our local leaders to:   1. Provide government financial assistance to help all Wisconsin renters pay off all outstanding rental debts (i.e. The Right to Shelter Fund). 2. Provide rental assistance to tenants and small landlords moving forward to help ensure renters do not subsequently accrue debts, and to help small landlords get by with little to no revenue streams. This funding can be modeled off of Governor Evers’ $25,000,000 Wisconsin Rental Assistance Program which used CARES Act funding to provide rent and security deposits to landlords on behalf of tenants who qualified.Cancel accruing late payment fees. Not only do these fees add to the sum total of debt, but they also, in effect, penalize tenants monthly for failing to pay, even if they want to and are unable. 3. Provide dedicated case-by-case support to tenants who have been evicted in the last nine months. Although the moratoriums have prevented many people from being evicted, 800-3,000 households have nonetheless been evicted per month, depending on the relevant moratorium. For example, the CARES Act saw 2,300-2,400 households evicted in Wisconsin monthly due to its narrow federal mortgage qualifications, in contrast to the some 800 households evicted per month during Governor Evers’ moratorium. 4. Publicize and spread the details of the moratorium as much as possible, working with partner organizations, activists, and courts to ensure as many people as possible are aware of the status of their debts, future payments, and legal challenges. In particular, make it a priority to inform as many BIPOC and low-income households as possible are aware of the moratorium and its implications.Call on the Department of Agriculture, Trade, and Consumer Protection (DATCP) to provide regulatory protections against landlords gouging rental prices for renters who are able (as well as those not able) to pay.  We all want 2021 to be a new chapter, but if we continue to do nothing or take insufficient steps to delay our problems, 2021 may be even worse yet than last year. None of us want that. In solidarity, The Rural and Urban Communities United in Solidarity Coalition (RUCUS) North Side Rising Our Wisconsin Revolution Rise Wisconsin

Bruce Grau
230 supporters
Update posted 14 hours ago

Petition to President Joe Biden

PREDATORY LOAN CREDIT AMNESTY FOR AFRICAN-AMERICANS

We the undersigned request Pres. Joe Biden sign an executive order granting Predatory Lending and Front Loading Interest Amnesty to those classified as African Americans, American Descendants of Slavery ( ADOS) or once classified as Negroes, Coloreds,  Copper Colored, and Black Indians of North America. We ask that the executive order instruct Pres. Biden economic team and Commerce Secretary, Gov. Gina Reimondo to create a plan designated to specifically eliminate past negative Credit history caused by Predatory Lending and Front Loaded Interest, reported by the three credit reporting agencies: Equifax; Experian; TransUnion; they are all publicly traded , for profit companies. African Americans, American Descendants of Slavery (ADOS) or once classified as Negroes, Coloreds, Black Indians of North America our communities have a challenge with not only everyday life but economics. We are the primary targets for predatory lenders and unusual lending practices. If we come togather one step at a time maybe, we can help some people in the long run. Our first step is to bar pre-calculated interest adjustment loans. Companies have created something called interest adjustment loans. This allows the companies to charge the entire amount of interest on the loans before the time accrue. They list principle and combined interest as account balance so there is no consideration of early payments. Second step is to expose the financial consequences of redlining and correct this institutional racism that is common practice that started in the segregation era and continue to this day. Predatory Lending and Front-Loading interest businesses specifically target minorities and allows the Racial Wealth Gap to continue to grow exponentially and create areas of bad credit communities. According to ADOS co- founder Antonio Moore, the average White middle-class Family has $120,000 in wealth and the average Black middle-class Family has $1,700. So if the White bread winner lose his or her job they have $120,000 to draw off while the Black Family has $1,700. Bad credit makes it difficult to get a good paying job to getting a descent place to live. We have generational members of Boomers, Gen- X, Gen- Y, and Gen- Z with bad credit because of these Predatory Lending and Front-Loaded Industry. These companies will continue to be disrespectful and condescending to our Comunities. One example of many is the practice of placing kill switches in cars. Some car dealerships will turn the car off if a customer is late on payment. Not only is this disrespectful but dangerous. Let us force them to complete in the free market and stop creating bad loans. In the absence of true economic inclusion or policies specifically targeting the racial wealth gap, Predatory Loan Credit Amnesty For African Americans is a grassroot effort seeking a fresh start in the community. Will you join us in our efforts to bring financial Literacy and proper Legislation in our communities paving a way to reducing the wealth gap and inequality.      

Willie Sallee
332 supporters