2024 Election Data Brief: The Act 22 Donors [Still] Influencing Puerto Rico’s Elections

23 Oct 2024
Spanish Version of the Report   October 2024 In a bid to attract wealthy investors, the Puerto Rican government passed the “Act to Promote the Relocation of Individual Investors to Puerto Rico” in 2012. Act 22, later amended into Act 60, gives wealthy outsiders an unprecedented 100% tax exemption on all income and investments if they move to Puerto Rico.[1]... Read More

Billionaire-Backed Bigots in the Big Apple

16 Oct 2024
In progressive New York City, it’s easy to think that rampant racism and homophobia in schools is unique to far-away conservative places like Florida and Texas. However, a faction of right-wing parents has infiltrated NYC’s schools and communities, unleashing targeted attacks and harmful vitriol on our students. This report highlights what you need to know about the racist, anti-LGBTQ, anti-public-school extremists who have gained outsized influence over NYC schools and the billionaires funding their agenda.... Read More

Pain & Profit: The Act 22 Donors Influencing Puerto Rico’s Elections

22 May 2024
Report is available in English and Spanish May 2024 Executive Summary In 2012, the Puerto Rican government adopted Act 22–later amended into Act 60–which gave Wall Street executives, real estate developers, and other wealthy outsiders an unprecedented 100% tax exemption on all income and investments if they moved to Puerto Rico.[1]... Read More

Pain & Profit: The Act 22 “Charities” that Take from Puerto Ricans and Give Little in Return

10 Apr 2024
A Spanish version of the paper is available for download. April 2024 Executive Summary In an effort to attract wealthy investors to Puerto Rico, the Puerto Rican government passed the “Act to Promote the Relocation of Individual Investors to Puerto Rico” (known as Act 22 and later amended into Act 60) in 2012.... Read More

HOW RON DESANTIS SOLD-OUT FLORIDA HOMEOWNERS:

3 May 2023
Insurance rates soar, corporations profit, campaign cash floods in May 2023 Contributors American Federation of Teachers The American Federation of Teachers is a union of professionals that champions fairness; democracy; economic opportunity; and high-quality public education, healthcare and public services for our students, their families and our communities. We are committed to advancing these principles through community engagement, organizing, collective bargaining and political activism, and especially through the work our members do.... Read More

HedgePaper #77: Pharma’s Failed Promise: Exposing the Industry’s Environmental Degradation in Puerto Rico

31 Mar 2023
October 2022 Read a translation of this report in Spanish. The Hedge Clippers are working to expose the mechanisms hedge funds and billionaires use to influence government and politics in order to expand their wealth, influence, and power. We’re exposing the collateral damage billionaire-driven politics inflicts on our communities, our climate, our economy, and our democracy.... Read More

Crooked Kathy’s Dirty Donors: The Billionaires Buying New York’s Budget

22 Mar 2023
Introduction New Yorkers hoped that ousting disgraced former Governor Andrew Cuomo might lead to positive change. After a decade of cut-throat political compromises, corruption scandals, controversial campaign contributions from Republican billionaires, and government mismanagement to benefit a favored few, people sought a fresh and trustworthy hand. That’s what Kathy Hochul promised voters on the campaign trail.... Read More

Vulture Fund Power Players: The lawyers, lobbyists, and trade groups fueling Wall Street predation

21 Feb 2023
[ENGLISH] Vulture Fund Power Players Hedge Clippers Report Feb 2023 FINALDownload [SPANISH] LOS CABECILLAS DE LOS FONDOS BUITRES Hedge Clippers Report Feb 2023 FINALDownload February 2023 Contributors The Center for Popular Democracy is a nonprofit organization that promotes equity, opportunity, and a dynamic democracy in partnership with innovative base-building organizations, organizing networks and alliances, and progressive unions across the country.... Read More
Hedge Paper cover

Hedgepaper 76: Pharma’s Failed Promise: How Big Pharma Hurts Workers, Dodges Taxes, and Extracts Billions in Puerto Rico

17 Aug 2022
Pharma’s Failed Promise: How Big Pharma Hurts Workers, Dodges Taxes, and Extracts Billions in Puerto Rico Download a version of the Spanish PDF of the report August 2022 The Hedge Clippers are working to expose the mechanisms hedge funds and billionaires use to influence government and politics in order to expand their wealth, influence, and power.... Read More

The Dirtiest Dozen: New York’s Worst Economic Development Deals

23 Mar 2022
The Dirtiest Dozen: New York’s Worst Economic Development Deals The Dirtiest Dozen: New York’s Worst Economic Development Deals New York State is one of the most prolific users of so-called “economic development” incentives in the country, spending some $10 billion annually at the state and local level on subsidies to select businesses.... Read More