skip to main content
skip to newscasts

Sunday, February 22, 2026

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

DHS reverses course on TSA PreCheck suspension after confusion; President's trade officer says no change on tariff policy; MT farmers 'relieved' by SCOTUS tariff ruling, frustrated by costs; CA leaders urge BLM to stop new oil and gas leases; Alabamians urged to know their risk during American Heart Month; Formerly incarcerated WI instructor reshapes criminal justice education.

view newscast page
play newscast audioPlay

The markets barely move in a period of chaos after the Supreme Court rules against Trump's tariffs. Democrats urge Congress to restrain White House's moves for new import taxes, while consumers and corporations wonder about refunds.

view newscast page
play newscast audioPlay

An Illinois university is trying to fill gaps in the nationwide pharmacy shortage, Alabama plans to address its high infant mortality rate using robots in maternal care and neighbors helping neighbors is behind a successful New England weatherization program.

Tax Reform Seen as Key for Equitable COVID Recovery

play audio
Play

Thursday, July 22, 2021   

DENVER - As Congress struggles to pass legislation to boost recovery from the pandemic's economic fallout, tax experts are urging lawmakers to invest in policies that benefit working families by taxing the rich.

Chuck Marr - senior director of federal tax policy at the Center on Budget and Policy Priorities - said expanding access to affordable housing, quality child care and other supports can help families re-enter and remain in the workforce, and begin to close a widening racial wealth gap.

He pointed to recent reports showing that the nation's wealthiest households and corporations pay little or no income tax, the nation's primary tax revenue stream.

"And the idea here is just (to) raise taxes on the wealthiest people in the country," said Marr, "and to use that revenue to improve the economic opportunities and stability of working middle-class families."

Coloradans now seeing hundreds of dollars each month deposited in their bank accounts through the temporary Child Tax Credit, a policy projected to dramatically reduce child poverty, would continue to receive those benefits under proposals making their way through Congress.

Democrats also are pushing to expand access to health care and giving all workers access to paid family leave.

Critics warn that expanding safety-net programs will usher in an age of big government, and some lawmakers say raising taxes would slow economic recovery.

Marr said people have become wise to claims that cutting taxes boosts economic growth, and points to polls showing Americans overwhelmingly support raising taxes on the people who can most afford to pay.

"There's just an absence of evidence that cutting taxes for rich people and large multinational corporations has economic benefits," said Marr. "It's sort of the 'trickle down economics' for the last 40 years, and it failed over and over again."

Marr said tax policy can be crafted to narrow the nation's racial wealth gap, or it can continue to allow wealthy families, which are overwhelmingly white, to pay little or no taxes.

Marr said making investments in programs that help the bottom 60 to 80% of households, where people of color are disproportionately represented, would be a step in the right direction.




get more stories like this via email
more stories
Lt. Gov. Micah Beckwith said he does not know what was discussed during a Thursday closed-door Statehouse meeting with Vice President JD Vance and Gov. Mike Braun. (Adobe Stock)

Social Issues

play sound

By Kyla Russell for WISH-TV.Broadcast version by Joe Ulery for Indiana News Service reporting for the WISH-TV-Free Press Indiana-Public News Service C…


Social Issues

play sound

Rural LGBTQ+ youth in Indiana face greater mental health challenges, but have found ways to build community online, according to a new report…

Social Issues

play sound

By Marilyn Odendahl for The Indiana Citizen.Broadcast version by Joe Ulery for Indiana News Service reporting for the Indiana Citizen-Free Press India…


Indiana University's summit includes a session about a new Registered Apprenticeship Program aimed at boosting the teacher workforce. (Adobe stock)

play sound

An Indiana-based summit meeting will spotlight how university campuses can help power economic growth across the state. Indiana University hosts its …

Social Issues

play sound

Groups fighting for a free and fair judicial system are speaking out against violence, threats and insults targeting judges in Indiana and across the …

Experts recommend not overscheduling kids in the first few weeks of school because they are often more tired and emotionally drained as they adjust to a new routine. (Adobe Stock)

Health and Wellness

play sound

Indiana families are preparing kids for back-to-school season, and mental-health experts say emotional readiness is just as important as school …

Environment

play sound

The Trump administration's long-term plan for artificial intelligence could have far-reaching environmental impacts across the country. His strategy …

Social Issues

play sound

A public funding mechanism for Seattle elections is up for renewal in next week's election. The Democracy Voucher program was passed 10 years ago…

 

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