These two efforts build on the success of the federal Child Tax Credit in reducing child poverty and improving outcomes for children in the near and long term and are important tools for advancing equity.
Given the recent ethics questions about justices’ interactions with billionaires, it’s an interesting case to take on.
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Billionaires don’t give the same way we do.
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Congress outlawed tax deductions on “wash sales” in 1921, but Goldman Sachs and others have helped billionaires like Steve Ballmer see huge tax savings by selling stocks for a loss and then replacing them with nearly identical investments.
Instead of hiking interest rates, we could be hiking tax rates on excess profits and wealth.
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As it turns out, high-earners won't leave if you increase their taxes.
The Left and its allies must defeat the rats in the battle to preserve democracy and human rights. Separately, we must prevent the Mouse and other corporate vermin from fattening themselves on the public’s cheese.
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