Iowa's public schools are chronically underfunded. Health care and food assistance costs are rising, with more being shifted to the state by last July's Republican megabill. Voters should make it EASIER—not harder—for policymakers to invest in communities. Source: @CommonGoodIowa
In the final moments of session, Iowa lawmakers passed SJR 11: an anti-democratic constitutional amendment requiring a supermajority vote to raise taxes while still allowing tax *cuts* to pass with only a simple majority. https://t.co/nVM52LLgbw
Supermajority rules don’t make life more affordable—they weaken public services. After OK passed one in 1992, the state couldn’t raise revenue until 2018, leading to deep cuts in schools, mental health care, and services for seniors. https://t.co/myubvaCfy0
NEW: A large crowd chases law enforcement out of Columbia Heights neighborhood in Washington, D.C. Dozens boo and chant
"ICE go home" until they return to their vehicles and leave the area. The crowd cheers and celebrate once law enforcement leaves. @NBCNews
We took a look at the impact of Trump’s 2017 tax cuts to give us a preview of how a new round would affect corporations and consumers.
The winners by billions and billions of dollars? Corporations. The losers? Everyone else.
The Trump Administration is illegally and unconstitutionally standing in the way of dollars going to schools, pregnant women, local law enforcement, housing aid, cancer research and more.
But you know they’d never stand in the way of a tax cut for a corporation.
.@jonstewart to Jason Furman of @Harvard (during their pod convo with Kitty Richards of @Groundwork):
“There is a condescension among economists that I have found that is rampant...maybe it's time for a certain humbling among the basic economics class…"
Lots of chatter about grocery prices today, so reupping this very comprehensive overview @BharatRamamurti, @ClaraEWilson, and I put out at @Groundwork earlier this year. https://t.co/VN0Uz0a53r
New Paper: The 20% pass-through deduction exemplifies the worst flaws of the 2017 tax law: it’s skewed towards high-income people, very expensive, and failed to deliver on proponents’ promises.
Policymakers should reject efforts to extend it next year.
https://t.co/XKu06h9JBq
@axios To stop price-gouging at grocery stores, lawmakers need to reintroduce competition. The Biden Administration's move to challenge the Kroger-Albertsons merger is a big step toward lowering future costs and raising wages for grocery workers.
7/11
https://t.co/50zgGVNBsO