Dear Advocate,
Members of the Tax Alliance have mobilized quickly to fight against Republican tax plans that provide little to no benefit for low-income and working-class families. We’ve been meeting with several offices on Capitol Hill to discuss all that’s currently at stake, and we continue to monitor the tax reform debate as it unfolds.
We invite you to join us in the fight for equitable tax reform and help us spread the word by sharing some of the resources and statements below with your respective networks. With your support, we can broaden our base of advocates on Capitol Hill and around the country.
Sincerely,
Chris Brown & Jeremie Greer
Co-Chairs, Tax Alliance for Economic Mobility
Featured: Member Statements on House Republicans’ Tax Plan
From the Center for Law and Social Policy: The GOP tax plan would exacerbate inequality and have an adverse impact on immigrant children, while benefiting large corporations and the rich.
The amended Senate tax plan “skewed to top” and “hurts many low- and middle-income Americans,” argues the Center on Budget and Policy Priorities. Read the Center’s full statement.
The National Coalition For Asian Pacific American Community Development (CAPACD) rejects the GOP tax plan, noting it would “inevitably leave a deficit for years to come and put pressure on crucial programs that our communities rely on.” Read National CAPACD’s full statement.
Prosperity Now shows how the plan “represents a massive giveaway to the ultra-wealthy and corporations at the expense of working families.” Read Prosperity Now’s full statement.
Upcoming Events
Twitter Storm: Urge Congress to Vote NO on the GOP Tax Bill
An online event hosted by the Campaign for Housing & Community Development Funding to raise awareness about the problematic nature of the GOP tax bill. Participate by using #GOPTaxPlan, #AffordableHousing and #CutsHurt on Twitter.
TODAY, November 28 | 2-3 pm EST
What a Bad Tax Deal Means for Communities of Color
A live-streamed panel discussion on the impact of current tax reform proposals on communities of color, hosted by Tax Alliance member Center for American Progress
TOMORROW, November 29 | 9:30-10:45 am | Register now!
Recommended Resources
Budget Briefs: The Republicans’ Two-Step Fiscal Agenda
This series of briefs from the Center on Budget and Policy Priorities untangles Republicans’ two-step fiscal agenda.
Improving the Saver’s Credit for Low- and Moderate-Income Workers
This brief by the National Institute on Retirement Security argues that a series of legislative fixes would make the Saver’s Credit less complex and more likely to achieve its intended goals of providing greater savings incentives and increasing retirement savings.
The Road to Zero Wealth: How the Racial Wealth Divide is Hollowing Out America’s Middle Class
This Prosperity Now and Institute for Policy Studies report looks at Federal Reserve data over a 30-year period to understand the growing racial wealth divide facing Black and Latino households and its impact on the American middle class.
News
“The GOP’s Bill is ‘a Sensible Framework,’ but ‘Still a Deficit-Exploding Tax Cut’ for the Rich and Corporations,” Washington Post, November 2, 2017
“Republicans Wonder How to Make the Rich Richer,” New York Times, November 9, 2017
“Opinion: Senate Vote Overturning CFPB Rule is a Blow to Consumer Protections,” USA Today, October 26, 2017
Webinar & Events Archive
“Tax Reform: Fighting for Equity in an Upside-Down Proposal,” September 19, 2017
“Making the Connection: Bringing Tax Wonks and Grassroots Activists Together to End Inequality,” October 10, 2017
“#SmartTaxReform: The Republican Tax Plan and the Mortgage Interest Deduction,” October 17, 2017
Have a Story to Contribute?
The Tax Alliance newsletter will be sent more frequently in 2018, when we will begin soliciting submissions from subscribers and members. If you’d like to contribute a story, email the editors.
Recent Comments