By introducing a state child tax credit—or improving an existing credit—state policymakers can substantially reduce child poverty, increase family economic security, and invest in their state’s next generation.
Growing inequality in the United States—exacerbated under the Trump administration's tax cuts for the wealthy—can be reduced through tax reforms that aim to close the wealth gap.
Budget cuts over the past decade have diminished the IRS’ enforcement capacity.
President Trump’s tax bill did not reform the tax code, has not benefited American workers, and increased the deficit by $1.9 trillion.
These Conservative State Officials’ Lawsuits Attacking Federal Protections Harm Their Fellow Residents
Some state officials are using litigation in an attempt to undermine people’s wages, well-being, and access to health care—and the Trump administration is on their side.
The tax law enacted in December 2017 opened the door to a whole new level of tax-avoidance games primarily available to wealthy individuals and businesses and big corporations.
New Federal Reserve data show that 2017 tax cuts benefited shareholders but did not boost investment.
Michele and Igor speak with New Jersey Gov. Murphy about the progress his state has made, as well as with CAP Senior Vice President of Policy and Strategy Ben Olinsky about some of CAP's big policy ideas.
Permanently extending provisions of the 2017 tax law would give more wasteful tax cuts to high-income Americans and cause lasting fiscal damage.
Despite claims that the recently passed tax cut bill will lead to a reduction in deficits and debt, CBO projections indicate that the opposite will be true.
Congressional leadership and President Donald Trump promised tax reform that would make the tax code simpler and fairer, would create more jobs, and would not protect the wealthy and well-connected. But the tax law they passed will do just the opposite.
The recent debate over the Tax Cuts and Jobs Act shone a light on serious problems with our legislative process. Please join the Center for American Progress as we discuss the issues revealed by the passage of the tax bill, and ways to address the pernicious problems that are undermining the effectiveness, transparency, and fairness of our legislative process.Center For American Progress, 1333 H Street Northwest, Washington, DC, USA
Please join the Center for American Progress, Not One Penny, and leading mayors from around the country to discuss the impact of the recent tax legislation and the administration’s infrastructure proposals on America’s cities.1333 H Street Northwest, Washington, DC, United States
The Final Tax Bill Is a Bigger Win for Foreign Investors Than the Entire Working and Middle Class in Trump States
In 2019, foreign investors would bring home $5 billion more from the tax bill than every working- and middle-class family in states that voted for President Trump, combined.
Foreign investors would gain a larger benefit from the congressional tax plans in 2019 than working- and middle-class families in every state that voted for President Donald Trump, combined.