While all low-income individuals and families, particularly those of color, struggle to avoid falling into poverty, some receive less support solely because of where they live.
The child tax credit and earned income tax credit benefit low-income and working families, help families get back to work, and promote future work, while lifting children out of poverty and alleviating hunger.
By raising a low, outdated income floor, the SSI Restoration Act would pull more than 3 million Americans out of poverty.
Unions help narrow the gap between working families and the superrich.
Union membership significantly increases wealth for all households, but Black and Hispanic families gain the most.
To support women’s employment and address the preexisting barriers that keep women out of the workforce—and were exacerbated by the pandemic—Congress must use reconciliation on top of the bipartisan infrastructure framework.
The Biden administration has started to implement policies to make it easier for Black households to build wealth at the same rate as white households; additional steps are both possible and necessary.
The lack of wealth in many African-American households has left them especially vulnerable to the financial fallout from the coronavirus crisis; but the federal government has perhaps its best opportunity yet to fix these racial disparities.
For those in rural communities, especially low-income people and people of color, access to necessary high-quality internet will remain out of reach without government investment.
Federal agencies have the opportunity to advance racial equity and narrow the racial wealth gap through executive actions.
Poverty is a policy choice; so is cutting it.
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.
Bipartisan momentum for clean slate and fair chance licensing policies—which remove barriers to economic opportunity for people facing the stigma of a criminal record—has grown significantly in the states in recent years.
Permanently expanding the earned income tax credit and child tax credit would make the economy more resilient, improve the social safety net, and dramatically decrease poverty in the United States.
The enacted American Rescue Plan and the proposed American Jobs Plan should only be the start of the federal government’s bold investments to boost economic growth for all.