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June 26, 2017

On This Day in 1959

The 189-mile-long St. Lawrence Seaway opens, making the Great Lakes accessible to Atlantic shipping. Thousands of laborers toiled for decades to make it happen; indirectly and directly, the Seaway today supports 75,000 jobs in Canada and 150,000 in the U.S.

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Labor Headlines

US labour news headlines from LabourStart

An Attack on the Payroll Tax
Updated 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… alternet.org


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Updated: Jun. 26 (13:01)

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