SACRAMENTO — A new report by the California Budget & Policy Center shows that how California policymakers choose to raise and allocate resources — taxes and ongoing revenue — contributes to the economic inequities for Californians of color and low-income households while providing many more advantages to wealthy individuals. In a 5 Facts report — Promoting Racial Equity Through California’s Tax and Revenue Policies — the Budget Center outlines how a legacy of racist state and federal policies and practices, along with aspects of the tax code, block people of color from opportunities to build income and wealth.
SACRAMENTO — A new report by the California Budget & Policy Center — Why Aren’t Corporations Paying Their Fair Share of Taxes? — finds corporations are paying less than half the amount in state taxes, as a share of their income, than they did just four decades ago. This is largely due to state policymakers’ decisions to cut tax rates and expand tax breaks for corporations.
Our hearts remain heavy as hate and violence threaten the health, safety, and well-being of our Asian and Asian American colleagues, family members, friends, and neighbors. We mourn the loss of lives in Atlanta, California, and across the nation. As racist and misogynistic violence robbed the lives of Asian women in Atlanta last week, and in California we see an escalation of brutal attacks on Asians and Asian Americans, we cannot forget that racism and violence against people from Asia and their descendants is woven into the fabric of our nation and California’s history.
SACRAMENTO — A new report by the California Budget & Policy Center highlights how racist policies and practices have led to disproportionate COVID-19 infection and death rates for Californians of color, and why state policymakers must declare racism a public health crisis to advance health equity.
SACRAMENTO — A new report by the California Budget & Policy Center highlights the vast housing instability and economic-racial inequity for the state’s 17 million renters before and after COVID-19, and why state and federal policymakers must urgently act on policies to extend eviction moratoriums and rental assistance.