Why some wealthy Americans aren’t happy to see their tax cuts continued. In a compromise with Republican lawmakers, President Obama agreed to extend Bush-era tax cuts for wealthy Americans for another two years—breaking his 2008 campaign promise to repeal them. […]
Washington, D.C., December 8, 2010 – While Congress debates how to address the expiring Bush-era tax cuts, Wealth for the Common Good today joins with Patriotic Millionaires for Fiscal Strength, a campaign of the Agenda Project, and a wide coalition […]
How would you spend $700 billion? Congress has to decide this month. One simple solution would be for Congress to extend the Bush-era tax cuts for households with incomes over $250,000 for another decade. That would use up all $700 […]
Most business groups support extending tax cuts for wealthy Americans, but some businesspeople contend the economy would benefit from letting these tax rates go up. Business for Shared Prosperity and Wealth for the Common Good have sent Congress petitions signed […]
If all of us are to thrive in the United States, we need accountability and support from our public systems of education, health, and transportation — the very systems that we invest our hard-earned tax dollars in. Unfortunately, the 2001 […]
WASHINGTON (AFP) – With the US Congress hurtling toward a deadline on expiring tax cuts, a growing number of wealthy people are calling for higher taxes on the rich to help restore America’s fiscal health. One effort gathered over 45 millionaires who […]
“In a spirit of Thanksgiving,” as they put it, more than 400 U.S. business owners and professionals last week signed a petition circulated by a Boston group, Wealth for the Common Good, that called on Congress and President Obama to let tax […]
A Mighty Mobilization to Prevent a Democratic Cave-in is Underway After the mid-term elections, the Obama Administration and some Democratic leaders signaled that they might compromise on extending the Bush-era tax breaks for wealthy households. Compromises include extending them for […]