Taxes and Taxation
The Taxes and Taxation Blog was created as an interactive and timely educational tool that gives you the freedom to publish content on our website. Our intent is for you to effectively comment on Taxes and Taxation and provide accurate and factual information to assist our membership in recognizing and resolving issues in government and policy. Your participation with accurate quality posting will help us implement your ideas into our Classrooms, our Facebook Teams and our Advocacy Groups. You are welcome to join in the dialog.
The Citizens Policy Foundation is fighting for massive income and wealth equality; we believe the wealthiest Americans and largest corporations must pay their fair share of taxes. Biden has proposed increasing the corporate tax rate from 21 percent to 28 percent; taxing investors’ capital gains at normal income rates for those earning more than $1 million; raising the top rate from 37 percent to 39.6 percent; and lifting the cap on Social Security payroll taxes, among other changes his campaign says are designed to insulate Americans earning less than $400,000 a year from new tax hikes. The CPF must work with the Biden administration to restore our healthcare and the social safety net, and crack down on inversions and other methods companies use to dodge their tax responsibilities no matter what their tax rate is. We will make sure that our tax code rewards businesses that make investments and provide good-paying jobs here in the United States, not businesses that walk out on America. This blog is intended to allow for our membership to work together to find solutions to the Tax disparity. Log in and participate.