skip to main content
skip to newscasts

Thursday, March 28, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Pulling back the curtains on wage-theft enforcement in MN; Trump's latest attack is on RFK, Jr; NM LGBTQ+ equality group endorses 2024 'Rock Star' candidates; Michigan's youth justice reforms: Expanded diversion, no fees.

view newscast page
play newscast audioPlay

Transportation Secretary Pete Buttigieg says rebuilding Baltimore's Key Bridge will be challenging and expensive. An Alabama Democrat flips a state legislature seat and former Connecticut senator Joe Lieberman dies at 82.

view newscast page
play newscast audioPlay

Historic wildfires could create housing and health issues for rural Texans, a Kentucky program helps prison parolees start a new life, and descendants of Nicodemus, Kansas celebrate the Black settlers who journeyed across the 1870s plains seeking self-governance.

Millionaires Launch Platform to Help Voters Weigh In on Tax Plan

play audio
Play

Thursday, November 2, 2017   

DENVER – As the nation awaits details of the GOP's tax plan, a group of wealthy business leaders and investors has launched an online tool to help taxpayers see past the political rhetoric and weigh in on the new policies.

Erica Payne, president of Patriotic Millionaires, points to public speeches calling for tax reform as one example of an attempt to distract voters from a tax code she says would deposit more than $1 trillion into the bank accounts of the richest people in the country.

"If these millionaire tax breaks go through, the middle class is going to pay for them,” she states. “They will pay for them in worse roads, worse schools, higher taxes themselves, higher local taxes.

“So they need to get activated, and they need to impact this tax debate."

One goal of the Taxpayer Action Center, Payne says, is to help level the playing field and give voters the same access to elected officials as professional lobbyists and powerful interests that have helped shape the tax plan so far.

Proponents of the measure say all Americans will get tax breaks, and maintain that lowering the corporate tax rate will lead to increased wages and economic growth.

Payne says the new online resource, which taps analysis and data from a dozen think tanks and nonprofit groups, can help taxpayers fact-check promises made by politicians.

Payne argues the plan to give two-thirds of the proposed breaks to the top 1 percent of earners, and waiting for that money to trickle down, won't spur economic growth.

She says letting working families keep more of their money would boost the economy because they would spend it on essentials.

"When you give it to rich people, they do not do that,” she stresses. “They stick it into accounts, because they don't need to spend the money, because they already have more money than they know what to do with.

“And so it does nothing economically to give tax breaks to millionaires."

Congressional leaders delayed the release of their tax plan on Wednesday. The plan could be made public as early as Thursday.






get more stories like this via email

more stories
A report from the Tennessee HealthCare Campaign recommended the federal government needs to strengthen 340B drug pricing and other federal negotiation mechanisms to make needed medicines more readily available and less expensive for hospitals to purchase and administer. (Spotmatikphoto/AdobeStock)

Health and Wellness

play sound

A recent report examined how some rural Tennessee hospitals have managed to stay afloat despite financial challenges. The report includes interviews …


Social Issues

play sound

Earlier this month, a new Arizona Public Service rate hike went into effect and one senior advocacy group said those on a fixed income may struggle …

Social Issues

play sound

Michigan recently implemented a significant juvenile justice reform package following recommendations from a task force made up of prosecutors…


Nearly 13 million Americans receive health coverage through unique plans under both Medicare and Medicaid. They are known as Dual-Eligible Special Needs Plans. (Adobe Stock)

Health and Wellness

play sound

Medicare and Medicaid are key sources of health coverage for many Americans and some people qualify for assistance under both programs. With lagging …

Social Issues

play sound

A mix of policy updates and staffing boosts has helped to put wage theft enforcement on the radar in Minnesota, and officials leading the efforts are …

More than six in 10 Americans favor keeping the abortion pill mifepristone available in the U.S. as a prescription drug, while over a third are opposed, according to a Gallup poll. (Adobe Stock)

Social Issues

play sound

New research shows more than six in 10 abortions in the U.S. last year were medically induced, and U.S. Sen. Catherine Cortez Masto - D-NV - is …

Social Issues

play sound

Colorado is working to boost the state's agricultural communities by getting more fresh, nutritious foods into school cafeterias - and a new online …

Social Issues

play sound

Missouri lawmakers are concerned with protecting people from the potential risks of the increasing accessibility of AI-generated images and videos…

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021