From the National Alliance to End Homelessness (http://www.endhomelessness.org): This week, the IRS has started sending letters to families eligible for monthly Child Tax Credit payments, informing them that they qualify based on past tax returns. Most families do not need … Continued
Bezos, Bloomberg, Buffett, Musk Went Years Paying $0 Income Taxes—Biden’s Plan Would Close Some Loopholes But Many Others Would Remain & Need Closing (WASHINGTON) – Today, ProPublica released a blockbuster report showing that billionaires go years without paying any federal income taxes, … Continued
From the Coalition on Human Needs (http://www.chn.org): President Biden’s COVID relief package, the American Rescue Plan, included a historic achievement: a Child Tax Credit which translates into monthly checks to parents ($300 for children under 6 and $250 for children … Continued
From the Coalition on Human Needs (http://www.chn.org): The American Rescue Plan effectively responded to urgent needs with temporary help—cutting childhood poverty in half. But only for one year. That legislation is an effective first step. Now we have more work … Continued
From the Pennsylvania Budget and Policy Center (http://www.krc-pbpc.org): President Joe Biden has proposed a much-needed recovery agenda that makes critical investments in the systems and services that we all need to thrive – transportation, quality education, affordable child care, health … Continued
From Americans for Tax Fairness (https://americansfortaxfairness.org/): The pandemic has exposed deep economic divisions in the US―with billionaires seeing their total wealth grow by 55% since the pandemic began while millions of people have lost jobs and fallen into poverty.[1] President … Continued
From the Coalition on Human Needs (http://www.chn.org): The COVID pandemic laid bare the ways our country has failed to support opportunities and provide protections for all. Racial disparities in deaths and economic devastation stand as an undeniable testament to persistent and historic … Continued
From Americans for Tax Fairness (https://americansfortaxfairness.org/): But every time Democrats propose investments to create jobs, rebuild infrastructure, secure a green energy future, make housing more affordable and more―like President Biden just did in his American Jobs Plan―Republicans (and some moderate … Continued
Posted at https://www.commondreams.org/news/2021/04/15/719-billionaires-now-own-four-times-more-wealth-poorest-165-million-americans Published on Thursday, April 5, 2021 by Common Dreams “Congress should act to restore taxes on the wealthy and limit further democracy-distorting concentrations of wealth and power.” By Jake Johnson, staff writer A demonstrator holding a sign … Continued
From Americans for Tax Fairness (https://americansfortaxfairness.org/): In 2017, we were on defense―fighting back against a Trump-GOP tax scam that handed trillions of dollars in tax cuts to the rich and corporations. No longer. Last week, President Biden introduced the American Jobs … Continued