New analysis of the tax provisions in the House reconciliation package: The richest 1% of Americans would receive a total of $138 billion in net tax cuts in 2026, significantly more than the $92 billion that would go the bottom 60% of Americans.
Today I am out with a new piece I co-authored with @WhitenJon on the racial implications of the upcoming tax reform debate. In the coming 14 months, federal lawmakers should address longstanding issues of racism in the tax code. #TaxTwitter#EconTwitter https://t.co/KJPTZ9QkfA
In 2022, undocumented immigrants contributed $96.7 billion in federal, state, & local taxes.
Our new report is a reminder that immigration policy choices in the years ahead will have significant consequences for public revenues & communities nationwide.
https://t.co/1JOLT6LBqZ
Direct File can make tax filing less expensive, faster, & easier for millions of Americans. By breaking down barriers to filing, it can also help more families get tax credits they’re eligible for, like the EITC & CTC. Such great news that it's here to stay!
Too many states take a greater share of income from low- & middle-income families than from the wealthy.
But it doesn't have to be this way.
On #TaxDay, we're showing how tax systems widen inequality across the country and looking at better ways forward.
https://t.co/TrQRDkEiY1
With #TaxDay just around the corner, the latest episode of Policy for the People looks at how the kicker worsens economic inequality, as well as why it's essential to have a well-funded IRS. Check it out! https://t.co/rofDY6LjA0 @iteptweets
Was much fun talking about how to grow the 🥧 so we can fund care infrastructure and other critical investments in people. Thanks for having me, @IWPResearch#CareConference
"In budget fights we are fighting for a slice of this tiny pie. It ends up pitting advocates for one worthy cause against another and it's a zero sum kind of mentality. We need a mindset shift. We need to grow this pie."
-@WhitenJon#CareConference@IWPResearch
We need a robust and well-funded IRS to properly enforce our tax laws and provide taxpayers with better service. Unfortunately we are taking steps back from recent progress with new funding cuts.
https://t.co/1YZcpS7wtE
NEW: Color Of Change and @GroundworkAct’s Better IRS campaign published a new report that shows just how corrupt the tax prep industry is.
Let’s build a fairer tax system. Learn about IRS Direct File at https://t.co/n7wDT6Ggy9 and read the report here: https://t.co/7CBPPggCFD
NEWS: The latest Bloomberg News/Morning Consult poll finds that taxing the rich is a wildly popular idea among swing state voters.
That includes the merely affluent -- those making $400,000 and up -- as well as billionaires.
https://t.co/m04VALw93c
In his State of the Union, @POTUS once again cited @iteptweets on corporate tax avoidance. My new piece for @Newsweek explains why this problem persists - and what we can do about it. https://t.co/nS0SwUN10V
.@USTreasury Releases Greenbook General Explanations And Racial Inequality Implications Of Tax Proposals In Biden's FY25 Budget
https://t.co/RHSuN1PT5I
Every year, BILLIONS of tax credits go unclaimed! But thanks to IRS #DirectFile, a new online filing tool, families have a FREE and simple way to get the $ they deserve this tax season!
Read our NEW report: https://t.co/0wqyuGcqW2
Major kudos and thanks to @iteptweets, whose superb work on corporate tax avoidance helped #NMleg close a corporate tax loophole that allowed companies to avoid paying their fair share of NM taxes! #nmpol