Dear Katy, It was perhaps the largest gig economy workers strike in history: Last week, Uber and Lyft drivers in countries around the globe refused to drive just days before Uber's Wall Street initial public offering.1 The workers went on strike because they are being left behind. The IPO is a massive payday for investors on the backs on drivers. Uber's business model forces drivers to be independent contractors and shifts all of the burden an employer should bear – like health insurance and contributions to Social Security and Medicare – onto workers so company executives can pocket more.2 Democratic Rep. Deb Haaland is standing in solidarity with gig economy workers and fighting to force companies like Uber and Lyft to pay their fair share to the people who keep them in business – and she needs our help. Stand with Uber and Lyft drivers: Make "gig economy" corporations pay their fair share. Click here to sign the petition. Uber is a $90 billion company that doesn't make any money. It loses $1 billion each year while rich investors subsidize its pursuit of massive dominance over markets. Its only path to profitability is to exploit drivers and customers for every last buck. Uber reportedly already lowered drivers' pay to make itself more appealing to Wall Street before going public.3 Most Uber drivers in the United State make less than the minimum wage – even while Uber's CEO got more than $45 million, and its top executives brought home $143 million.4 But the problem is bigger than Uber alone. Massive multinational corporations like Uber and Lyft want people to think the gig economy is about worker empowerment, but it's really just another path to profits for the few. The gig economy exploits workers by forcing them to be independent contractors. As independent contractors, workers must pay their own way. Having to pay for your own car, gas and health insurance is bad enough. Contractors also have to pay for both sides of the Social Security and Medicare payroll tax. Uber and other gig employers are off the hook while low-wage workers are suffering.5 Rep. Haaland's bill will be a welcome first step in fixing that, by requiring corporations like Uber to foot the bill for payroll taxes. We need to show members of Congress how many Americans are demanding they act to support gig economy workers. Stand with Uber and Lyft drivers: Make "gig economy" corporations pay their fair share. Click the link below to sign the petition. https://act.credoaction.com/sign/gig-economy-haaland?t=9&akid=32553%2E12967895%2EQ3Y9v6 Thank you for speaking out, Heidi Hess, Co-Director CREDO Action from Working Assets Add your name: References: - April Glaser, "The Ride-Hail Strike Got Just Enough Attention to Terrify Uber," Slate, May 9, 2019.
- Rep. Deb Haaland, "Uber & Other 'Gig Economy' Multi-National Corporations Must Pay Their Fair Share," May 8, 2019.
- Daniel Marans, "Deb Haaland Wants To Tax Uber And Lyft To Fund Drivers' Social Security," HuffPost, May 8, 2019.
- Rep. Haaland, "Uber & Other 'Gig Economy' Multi-National Corporations Must Pay Their Fair Share."
- Ibid.
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