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To: Congress and the Federal Trade Commission (FTC)

Kamala Harris is right: Ban price gouging nationwide!

Kamala Harris just announced that a Harris-Walz administration would work to set a federal price gouging ban in the grocery and the food industry within its first 100 days. THIS IS HUGE. 

We've all seen prices go up on essential goods in the grocery stores over the past few years, but let's be very clear: That's not accidental and it's because of corporate greed, plain and simple. Corporate execs have taken advantage of working-and-middle class people, adjusting their salaries and boosting stocks for stakeholders, while workers received nothing. It doesn't help that Trump and his MAGA 2017 tax agenda have given tax cuts to the ultra-wealthy across the country, while raising costs and taxes for the rest of us. 

But now, Kamala Harris and Tim Walz want to put an end to those rising costs. Not only is this relevant for people today, it's historic. This would be the first-ever federal ban on price gouging on food and groceries—making it clear to all that big corporations cannot and will not exploit us any longer. Food and groceries are not a want, but a necessity for every person.

Why is this important?

Think about it: Walmart is the biggest grocery chain in the country, and it paid its CEO $25 million in 2023. That’s 933 times the median associate’s wages, which are also below the poverty line for a family of four.  Simultaneously, there was a $163 million increase in profits from 2022 to 2023, for a total of over $13.6 billion. So if companies are continuing to not just profit, but break RECORDS, why are prices going up? 

While families face climbing food prices, corporations rake in more profits. WHAT SENSE DOES THAT MAKE?

The Biden-Harris administration has already started the critical and necessary work to fight back against corporate greed, and tax wealthy CEOs and corporations what they owe just like the rest of us. But it's clear this work needs to continue for working class and middle-class people to afford their groceries. 

This also means continuing to build and support a Federal Trade Commission (FTC) with authority to pass rules and regulations that will benefit all of us, including regulating mergers and corporate monopolies that will drive up costs and making it harder for small businesses to stay afloat! 

Sign the petition to support a Harris-Walz administration in fighting back against the price gouging that drives up the costs of goods and lines greedy CEOs pockets!

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Updates

2024-09-20 08:54:22 -0400

1,000 signatures reached

2024-08-19 12:19:09 -0400

500 signatures reached

2024-08-16 13:54:40 -0400

100 signatures reached

2024-08-16 13:37:23 -0400

50 signatures reached

2024-08-16 13:32:33 -0400

25 signatures reached

2024-08-16 13:29:06 -0400

10 signatures reached