As tax season approaches, we would like to suggest some actions you can take to make this tax day a time to mobilize for fairness.
Last week, the President released his budget with some important provisions, but we are already hearing the voices of those who want to block any tax increase for wealthy people. Now [...]
As tax day approaches, Wealth for the Common Good wants to encourage political leaders and the voting public to take a closer look at our tax code. The effective tax rate paid by the wealthiest Americans, as compared to the effective tax rate paid by middle-income Americans is out of balance. We’re advocating for a [...]
While Wealth for the Common Good’s focus is on fair and progressive taxes, we are committed to public policies that rebalance the economy so that it works for everyone - not just the wealthy. That’s why we’re excited that our partners, including Business for Shared Prosperity and the American Sustainable Business Council, are petitioning Congress [...]
Happy new year from Wealth for the Common Good!
We’re starting 2010 with the launch of a new campaign: Business and Investors Against Tax Haven Abuse. Please sign the petition calling on policymakers to end tax dodging and support a level playing field for business. An estimated $100 billion or more in tax revenue is lost [...]
Originally posted on New Voices of Philanthropy on January 13, 2010
Many of us find our way into philanthropy because we want to be on the “resource side” of social change – to help get money to where it needs to go. And foundations certainly control a lot of money – The Foundation Center reports total [...]
We need your help to preserve the estate tax. Please call the Capitol Hill switchboard at (202) 224-3121 and tell your Senators that they cannot allow the federal estate tax to expire in 2010.
If Congress takes no action before the end of the year, the estate tax will expire for 2010. Let them know NOW [...]
Hello friends,
Progressive taxes are back in the news this week, with a new Associated Press poll showing support for taxes on upper-income Americans to pay for health care. Fifty-seven percent of respondents said they favored a tax increase for individuals earning more than $250,000 a year.
Meanwhile, Congress is considering the idea. The House health [...]
A group of wealthy people is circulating a petition calling for higher taxes for themselves. Sound familiar?
This particular group is based in Germany, and it is asking the government to impose a 5% wealth tax on the 2.2 million people with over 500,000 euros. This has the potential to raise over 100 billion euros for [...]
Hello friends,
We’re happy to share some victories this week from the frontlines of progressive tax reform.
Anti-estate tax groups drop bid for total repeal
A major lobby of 46 business groups that have been fighting the estate tax decided to drop their longstanding call to abolish the tax. Instead, they’re pushing to gut the tax by raising [...]
Warren Buffett returned to Capitol Hill recently to meet with Democratic Congressional leaders and urge them to raise taxes on the wealthy.
Senator Claire McCaskill (D-Mo.) was impressed. “It was interesting to see someone who is such an aggressive capitalist, who believes so much in our capitalist system, saying we’ve got the scales way too heavily [...]