Taxes represent our shared effort to support vital public services and systems that underpin a robust economy and strong communities. The Budget Center’s works to highlight the importance of having a tax system that not only provides sufficient resources, but also asks individuals, families, and businesses and other organizations to contribute based on their ability.
New Estimates Show How Far the Benefits of the House Tax Bill Tilt to the Wealthy
This post examines new estimates on the House Republican tax bill and shows how both nationally and here in California, the wealthiest households would receive a disproportionate share of the proposed tax cuts, with this disparity growing wider over the next decade.
GOP Tax and Budget Plans Would Benefit the Rich and Unfairly Burden Low- and Middle-Income Families
This post shows how the GOP tax and budget plans would heavily favor the wealthy and lead to reduced support for critical public services, highlighting implications for California and the nation.
Repeal of the Estate Tax Would Reduce Federal Resources While Key Public Services Are on the Chopping Block
This post shows how elimination of the federal estate tax would reduce revenues, putting at risk vital public services that help struggling Americans make ends meet.