Capital gains wealth tax, Working Families Tax Credit, and investments in kids will boost recovery, enhance the quality of life.
In order for every child in New Mexico to reach their full potential, our policymakers need to ensure that the policies in place now and in the future are antiracist. In other words, policies need to improve racial and ethnic equity, not cement current inequities in place. Tax policy is a powerful tool that can help advance racial justice because it outlines who pays their fair share of taxes, who doesn’t, and who benefits most from the way the system is structured.
Connecticut Voices for Children released their Issue Briefing Book 2020-2022. Versions of this document have been developed throughout the 25 years of the organization’s history. As the state experiences the convergence of a health crisis, an economic recession due to that crisis, and a contentious and long-overdue conversation on race, the “Book” has been refreshed given Voices’ new, strategic aim toward economic justice and these unprecedented times. The Issue Briefing Book 2020-2022 is designed to be a starting point for shared knowledge around the research and recommendations that are fundamental to family economic security and the undergirding fiscal and economics, with the hope of advancing shared action.
Abridged Brief | Full Brief
An economist looking at Vermont statistics can see that the state is benefiting from the U.S. economic expansion, which became
the longest on record last summer: There are more jobs, higher wages, fewer children in poverty.1
At the same time, many Vermonters can look at their paychecks and wonder when the recession is going to end. The state’s
economic growth continues to favor those who are well off, while low- and moderate-income families wait for things to pick up.
Both views are true.