A paper cited by critics of the Build Back Better agenda analyzes a different plan than what President Joe Biden has proposed and Congress is considering, and it ignores many positive effects of the actual plan.
The Build Back Better Act would ease a significant burden on middle-class families’ finances, lowering their child care costs by more than $100 per week in most states.
The Ways and Means Committee’s tax reforms take important steps toward tax fairness; Congress should do more.
Requiring more information from financial institutions will help catch and deter tax cheats while reducing audits of honest taxpayers.
Biden’s Build Back Better plan addresses key failings of the U.S. tax system that let the wealthy and corporations avoid paying their fair share; Congress can and should do even more.
President Joe Biden’s American Families Plan closes tax loopholes favoring the superrich while protecting family farmers and small-business owners upon passing a farm or family business to the next generation.
A temporary bump in inflation limited to a few items obscures the fact that policies such as the Bipartisan Infrastructure Framework (BIF) and the $3.5 trillion budget resolution would boost incomes for Americans.
A pathway to citizenship for undocumented immigrants benefits the U.S. economy as a whole—and it can be done through the budget reconciliation process.
Generating a robust economic recovery that facilitates inclusive prosperity, redresses past harms, and advances national climate goals will require reforming federal infrastructure programs, which were not originally designed to meet these objectives.
ProPublica revealed that billionaires are paying virtually no tax. Congress can address the problem by adopting President Biden’s proposals on capital gains and stepped-up basis.
Denis McDonough, the new secretary of Veterans Affairs, must work to address his department’s many challenges while supporting the veterans who return from war.
Congress should help pay for national investments by making the wealthy and corporations pay the taxes they already owe.
President Biden’s FY 2022 budget request must address years of cuts and underinvestment in critical government functions.
The Trump administration’s tax bill increased inequality and cut taxes for the wealthy, while leaving Latinos, regardless of income, behind.
Congress should close—not expand—capital gains loopholes and tax income from wealth the same as income from work.