Between now and April 15th, there will be plenty of media coverage on taxes, but we can’t let the same old conversation dominate. Now’s the time to speak out about the importance of fair taxation and strong public investments.
Please take three minutes and send a letter to your local newspaper, and help us lead a more productive discussion this Tax Day. We have a new function on our web site that will help you craft your message and deliver it to the editor of your local paper.
Thanks for your commitment to tax fairness,
Chuck Collins, Alison Goldberg, Bill Lyons, Ann Manning and Scott Klinger
In the news:
Today, we released our new report, Shifting Responsibility: How 50 Years of Tax Cuts Benefited the Wealthiest Americans . Learn how over the last half-century, America’s wealthiest taxpayers have seen their tax outlays, as a share of income, drop as much as two-thirds. Meanwhile, the share of their household income that middle class Americans pay in federal taxes has increased slightly.
From Wealth for the Common Good member Gene Mulligan, an op-ed on why Congress and President Obama should allow the Bush-era tax cuts on high-income households expire at the end of 2010.
And a new poll reveals public support for our call to let the tax cuts expire. A Quinnipiac University poll which found that 60 percent of Americans in both major political parties are in favor of raising income taxes on households making more than $250,000.
“Yes, I can voluntarily pay more taxes, just as I choose to give more money to charity. But that won’t address the magnitude of the problem we are leaving to future taxpayers. The issues before Congress are the structure of the tax code and the question of how we, as a nation, take responsibility for the reckless debts of the past. Congress can take a responsible step in the right direction: Let my tax cut go.”
– Gene Mulligan, retired investment manager, excerpt from “Let My Tax Cuts Expire.”