The political landscape has changed and that makes our message on taxes as relevant as ever: progressive tax reform will strengthen our economy. The President has called for a White House summit on the tax cuts on November 18th and has signaled that he may compromise by temporarily extending the higher-income cuts. We all need [...]
Congress returned to Washington this week. Shortly they will discuss the future of the 2001 and 2003 Bush tax cuts for the wealthy. Polls show 57% of Americans support allowing these Bush tax cuts for the wealthy to expire at the end of 2010. They believe there is a better way to spend $700 billion over the [...]
If you enjoyed the tax fireworks in July, you’re gonna love the excitement in September. Congress comes back for a short session and is expected to tackle some key tax issues before it recesses again in early October. One trend we’ve noticed is the importance Congress is placing on “pay fors,” revenue sources or spending [...]
Join us for – Overseas Tax Havens Should Be Illegal: A Telephone Briefing • Help us close overseas tax havens and recover tens of billions of revenue. • Eliminate the unlevel playing field that favors big companies over domestic business. All corporations should pay their fair share of taxes for the infrastructure and services that [...]
We have wonderful news! Sens. Sherrod Brown (D-OH), Tom Harkin (D-IA), Bernard Sanders (I-VT) and Whitehouse (D-RI) sent a “Dear Colleague” letter requesting Senate co-sponsors for the Responsible Estate Tax Act, which would create a progressive estate tax with graduated rates. This is a major victory for those us fighting to rebalance the tax system. [...]
In July, we’re going to witness some tax fireworks. After months of debating health care and financial reform, the U.S. Congress will be turning its attention to energy reform, the budget deficit, and taxes. We’re going to need your voice and engagement. There are four revenue issues that we are tracking closely -The Expiring Bush [...]
John Fullerton, former managing director at JP Morgan, speaking in support of a financial speculation tax. Leaders from business and finance are stepping forward to support a financial speculation tax, a modest levy on the purchase and sale of stocks, bonds, derivatives, and swaps. England and Taiwan have such taxes on securities that encourage productive [...]
We are getting ready to publicly launch our campaign, Business and Investors Against Tax Haven Abuse and we need your help. Along with our partners the American Sustainable Business Council, Business for Shared Prosperity, and Growth & Justice, we are seeking thousands of business people and investors who will call on the President and Congress [...]
This is one of the few times a year that we ask for your financial support to invest in the continued work of Wealth for the Common Good. In public debates about progressive tax reform we hear a lot from anti-tax organizations that reflexively oppose any tax increase on large corporations and wealthy households. We [...]
Tax Day has come and gone, but the debate continues! House Ways and Means Chairman Sandy Levin has said that his committee intends to consider proposals on the Bush-era tax cuts by Memorial Day. During the next few weeks it is critical that we send the message to Congress to allow the tax cuts for [...]