From Keystone Research Center/Pennsylvania Budget and Policy Center (https://krc-pbpc.org/):
Take Action
Build Back Better (BBB) legislation is moving to a vote in the U.S. House, so your representative needs to hear from you NOW! The bill presents a historic opportunity to make unprecedented investments in high-quality, universal pre-K; good paying jobs; more affordable health care; housing; childcare and higher education; and broadly shared economic security.
Tell your member of Congress to vote for the BBB bill! If your representative has been championing the BBB agenda from the beginning, be sure to say thanks!
Go to https://www.congressweb.com/PBPC/15#/15/ to take action!
President Biden’s Build Back Better framework is an unprecedented and transformative plan to better the lives of all Americans—Black, brown, and white; those with low, moderate, or high incomes; the youngest children and the oldest seniors. It will help families care for children while making quality pre-K available to all 3- and 4-year-olds. It will create hundreds of thousands of good jobs, many in unionized trades and clean manufacturing while drastically cutting greenhouse gases and reducing energy costs for every household. It will reduce the cost of health care and housing for millions. And it will make college education more affordable, boosting the future prospects of our young people and our economy as a whole. It will be paid for by new taxes on the largest, most profitable corporations and the wealthiest Americans while cutting taxes for working people—all while reducing the deficit.
How (and How Many) Pennsylvanians Are Helped by the Build Back Better Plan
President Biden’s Build Back Better plan is an unprecedented and transformative plan to better the lives of all Americans—Black, brown, and white; those with low, moderate, or high incomes; the youngest children and the oldest seniors.
We have given an overview of the whole program—but here we want to focus on the many ways Pennsylvanians will be touched by the Build Back Better plan.
The “Billionaire Tax”: What It Is and Why We Need It
As negotiations between President Biden and House and Senate members over the Build Back Better plan have developed in the last few weeks, a new tax proposal to fund the close to $2 billion investment in health care, child care, paid family leave, climate change, and other programs, has come to the fore: a “billionaire tax.” While Senator Wyden and others have been discussing this proposal for some time, it is a relatively unknown concept and would be a new form of federal taxation. Here we briefly explain what it is and why it is an excellent idea.
What Is the Corporate Profits Minimum Tax and Why Do We Need It?
This new tax would raise roughly $200 billion to $300 billion dollars over ten years. These revenues would enable the federal government to make new investments in helping families with children, health care, child care, elder care, paid family leave, and new programs to limit climate change.
Raising revenue to fund the Build Back Better program is not the only reason we should enact a corporate profits minimum tax law. Basic fairness demands it as well.
Press Release: The Latest PA Jobs Report Clearly Shows That Cutting Unemployment Benefits Won’t Drive People Back to Work
The Pennsylvania jobs report for September echoed the earlier U.S. September jobs report in delivering a resounding ‘no’ to the question ‘did the end of more generous pandemic unemployment benefits lead workers to pour back to factory gates and retail stores and restaurants with ‘help wanted’ signs?’ In fact, the size of the Pennsylvania labor force and the number of Pennsylvania jobs decreased. The Delta virus and the lack of affordable child care continue to be the main factors slowing the economy and keeping potential workers at home. If unemployment compensation is holding back the economy, it is because wages are too low—the early September cutback in benefits took away $376 million in income every week from Pennsylvania families, nearly $20 billion on an annual basis. That drop in consumer buying power hurts local businesses as well as unemployed workers and their families.
Take Action
Build Back Better (BBB) legislation is moving to a vote in the U.S. House, so your representative needs to hear from you NOW! The bill presents a historic opportunity to make unprecedented investments in high-quality, universal pre-K; good paying jobs; more affordable health care; housing; childcare and higher education; and broadly shared economic security.
Tell your member of Congress to vote for the BBB bill! If your representative has been championing the BBB agenda from the beginning, be sure to say thanks!
Go to https://www.congressweb.com/PBPC/15#/15/ to take action!
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