Joe Hughes
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blog January 13, 2022 The Problem with Returning to a $2,000 Non-Refundable Child Tax Credit
Millions of children in low-income families fared better last year thanks to expansions of the Child Tax Credit (CTC). But, as has been widely reported, the monthly payments of the… -
blog December 17, 2021 Pandemic Policies Demonstrate Government Can Address Widening Economic Inequality If Policymakers So Choose
We are surrounded by evidence that economic inequality is spinning out of control, yet we also see straightforward examples of how government can stop the downward spiral should it choose to do so. The Build Back Better Act, which invests in communities and ensures the wealthy and corporations pay their fair share, is one such example. Congress should pass it.
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blog November 18, 2021 Key Reform in Build Back Better Act Would Close Loophole Used by the Rich To Avoid Funding Healthcare
A proposal in the Build Back Better Act before the House of Representatives would close a loophole allowing wealthy business owners to avoid paying taxes to fund healthcare. The proposal… -
blog November 4, 2021 Democrats Seek to Eliminate the Stock Buyback Advantage
A provision in the emerging Build Back Better framework would remove tax advantages for corporations that transfer profits to their shareholders through stock buybacks rather than dividends. Corporations can shift… -
brief October 14, 2021 Investment Income and Racial Inequality
Congress has a historic opportunity to fix the way the preferential treatment of investment income widens the racial wealth gap and to strive toward a racially equitable tax code.
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blog October 14, 2021 Limiting Tax Breaks for Capital Gains Would Mitigate the Racial Wealth Gap
A new report from ITEP finds that recent proposals to limit tax breaks for capital gains would reduce the racial wealth gap and mitigate economic inequality while affecting few people… -
report September 17, 2021 Why Congress Should Reform the Federal Corporate Income Tax
Congress is considering legislative changes that would increase federal corporate income taxes partly by closing or limiting the special breaks and loopholes that companies use to avoid taxes. The following…