Hanauer lobbies the super-rich to lift up the middle class

 

 

Seattle – Probably the first (and last) time you will read a Politico article that contains references to a major home textiles company (Pacific Coast Feather Company) and a home textiles ceo (Jeff Tauber, chief of Royal Heritage Home and National Allergy).

 

Nick Hanauer, scion of the Hanauer family that founded and continues to own PCFC, is now a venture capitalist. He made his first fortune by investing in a start-up company called Amazon.com.

 

In Politico, he urges business leaders to lift wages and engage in other activities to shore up the middle class and close the wealth gap.

 

Otherwise, he warns, the pitchforks are coming for the top wealth holders in the country.

 

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

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See the September 2017 issue of Home & Textiles Today. In this issue, we look at the Attack of the Killer Third Tier: Monster off-pricers are climbing to the top of the food chain, plus New Products: 40 pages of new products debuting at the New York Home Fashions Market; Home Stores: TJX unveils first U.S. HomeSense store; Clicks to Bricks: Boll & Branch moves from digital to physical retailing; and much more... See details!