Sunday, May 22, 2022

Play

The election fraud movement resurfaces on the campaign trail, Vice President Harris and abortion providers discuss an action plan, and as New Mexico's wildfires rage, nearby states face high fire danger.

Play

Pennsylvania's Republican U.S. Senate Primary still too close to call, a $40 billion Ukraine aid bill is headed to President Biden's desk, and Oklahoma passes the strictest abortion bill in the country.

Play

From off-Broadway to West Virginia: the stories of the deadly Upper Big Branch mine explosion, baby formula is on its way back to grocery shelves, and federal funds will combat consolidation in meatpacking.

Wealthy Coloradans Urge Congress to Raise Their Taxes

Play

Friday, September 17, 2021   

DENVER - Some 200 wealthy taxpayers and business owners, including 14 in Colorado, are asking Congress to raise their taxes.

An open letter delivered to lawmakers agrees with President Joe Biden's proposal to tap corporations and the wealthy to finance a $3.5 trillion "Build Back Better" infrastructure package.

Sandra Fluke, president of the nonprofit Voices for Progress, said she sees the legislation as an opportunity to reorder the nation's spending priorities.

"Child-care affordability, home- and community-based care, and paid leave, fighting climate change and protecting all of us from natural disasters - are good investments," she said, "investments that will help to rebuild our economy and to strengthen our democracy."

The letter also called on Congress to restore funding to the IRS, which lost one-third of its enforcement staff in recent years and has seen a 60% drop in the number of audits it performs. GOP leaders have vowed to vigorously defend Trump-era tax cuts, and some Democrats have warned that raising the corporate tax rate will make it harder for companies to compete globally.

Fluke said she believes the promises made ahead of the 2017 tax cuts were just a "bait-and-switch" tactic to justify a tax code that largely benefits corporations and the wealthy.

"Things like cutting that top marginal income-tax rate were supposed to improve our economy," she said, "and that didn't happen at all."

The letter asked Congress to reduce income inequality, by raising the tax rate for passive investment income for individuals who bring home more than $1 million a year, to the same rate as worker wages. Wealthy Americans also want Congress to make corporations pay more to address climate change.

"And we only have to look out of our window to see what's happening in terms of the severe weather being caused by climate change," she said. "So, we've got to make those investments, and not be giving away tax cuts to corporations that are actually lower than what they even asked for."


get more stories like this via email
Over the past two years, pro-democracy groups say more than 30 states have proposed nearly 230 laws viewed as an attempt to undermine elections. (Adobe Stock)

Social Issues

Examples of proposed policies and candidates tied to false claims of election fraud have spread to Minnesota, and a new national report found the …


Environment

New Mexico continues to battle the largest wildfires in its history, and other states including Nevada, along with parts of Arizona and Colorado…

Social Issues

A new museum exhibition in Baltimore opening to the public today aims to tell the story of Maryland's fight for civil rights, both in the past and …


The Federation of Virginia Food Banks' seven regional food banks distributed approximately 165 million pounds of food in 2021. (Adobe Stock)

Social Issues

Virginia's food banks are facing a perfect storm of issues. High inflation for everyday goods is driving up food costs for lower-income families…

Health and Wellness

Vice President Kamala Harris met with abortion providers from Missouri and other restrictive states Thursday to consider ways the Biden administration…

The fatality rate for Black bike riders is 30% higher than for white bike riders, according to the League of American Bicyclists. (Adobe Stock)

Health and Wellness

Today is National Bike to Work Day, and while it may sound "easier said than done," it may not be as daunting as you think. Enthusiasts said the …

Environment

Connecticut is celebrating its first estuary reserve, which will help identify environmental threats to waterways and natural resources. …

Health and Wellness

A new report urges states to take steps to minimize Medicaid coverage loss when the state of emergency for the pandemic comes to an end. COVID …

 

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