Podcasts about Earned income tax credit

This Day in Legal History: Colegrove v. GreenOn June 10, 1946, the U.S. Supreme Court decided Colegrove v. Green, upholding an Illinois congressional districting scheme that created dramatically uneven district populations. The plaintiffs argued the map diluted votes by packing more people into some districts than others, violating principles of equal representation. However, the Court, in a plurality opinion by Justice Felix Frankfurter, declined to intervene. Frankfurter emphasized that districting was a “political question” and not within the judiciary's purview to resolve.This ruling effectively insulated redistricting practices from federal judicial review and left voters in malapportioned districts without a constitutional remedy. Frankfurter's view was rooted in judicial restraint, warning against courts becoming embroiled in “political thickets.” But critics argued that this deference allowed entrenched political interests to ignore population shifts and disenfranchise urban voters.The decision stood until 1962, when the Court reversed course in Baker v. Carr. There, the justices held that federal courts could indeed hear redistricting cases under the Equal Protection Clause, ushering in the “one person, one vote” era. Colegrove thus marked the high-water mark of the political question doctrine's use in avoiding electoral oversight—a stance the Court ultimately abandoned.Mexico's antitrust regulator is poised to issue a ruling by June 17 on whether Google engaged in monopolistic practices in the country's digital advertising market. If found guilty, the tech giant could face a fine amounting to 8% of its annual Mexican revenue—potentially one of the largest ever imposed by the agency. The case began in 2020 and moved into a trial phase last year, with a key hearing held on May 20. Mexican regulators claim Google built an illegal monopoly, and has obtained financial data from the Mexican tax authority as part of its investigation.Google, which hasn't disclosed Mexico-specific revenue but reported $20.4 billion for the broader “other Americas” region in 2024, could seek an injunction to delay the ruling pending judicial review. This would parallel similar antitrust issues the company faces in the U.S., where courts have ruled against its dominance in search and advertising technologies.Adding to tensions, President Claudia Sheinbaum has sued Google for renaming the Gulf of Mexico to “Gulf of America” for U.S. users—a move she claims Google had no authority to make. The long-standing antitrust case has drawn political attention, with lawmakers urging Mexican officials to act.Google in Mexico faces major potential fine as antitrust ruling nears | ReutersTexas has taken a meaningful first step toward curbing abuse in its affordable housing tax system with HB 21, but the new law leaves major gaps that developers could still exploit. Signed by Governor Greg Abbott, HB 21 aims to end long-term tax breaks for projects that offer little true affordability. However, the bill's reliance on “area median income” (AMI) to define affordability creates a loophole: in wealthy areas, rent set at 80% of AMI can be as high as typical market rates, making the term “affordable” misleading.The law requires that half of all units be reserved for “low-income” tenants, but without adjusting for local wage realities, this standard fails to address the needs of those most burdened by housing costs. Worse still, enforcement is delayed—audits may take years, and there is no mechanism to reclaim tax benefits already received by developers who fall out of compliance. This makes upfront compliance optional in practice, not mandatory.While HB 21 mandates parity in amenities between market-rate and affordable units, this provision seems symbolic without robust inspection. The lack of a tax credit clawback—something present in federal programs like the Low-Income Housing Tax Credit—further weakens accountability.The bill's structure could dissuade honest developers, who face unclear or burdensome requirements, while allowing bad actors to benefit before facing any scrutiny. Texas risks ending exploitative deals without fostering enough viable new ones, exacerbating its housing shortage.Texas Housing Law Addresses Problem but Creates Major LoopholesAs the push for government efficiency grows, the IRS is considering using artificial intelligence to identify noncompliant taxpayers based on past audit outcomes. While this might sound like a smart upgrade, history offers a sobering warning. The Netherlands tried something similar, using AI to spot fraud in childcare benefits, and it ended in a national scandal—the algorithm disproportionately targeted minority families, human reviewers failed to intervene, and the fallout brought down the government.A recent Treasury Inspector General for Tax Administration (TIGTA) report suggests the IRS could “leverage examination results” to improve case selection algorithms. But this raises red flags. IRS audit history isn't neutral. A 2023 joint study by Stanford and the Treasury Department found that Black taxpayers were audited up to 4.7 times more than others, especially when claiming the Earned Income Tax Credit. That disparity likely came from algorithmic choices aimed at efficiency, not fairness.If the IRS trains AI on this unfiltered historical data, it risks cementing and expanding past biases into future audits. AI could be a powerful tool—but only if accompanied by key safeguards. First, training data must be rigorously reviewed to eliminate bias. Second, model decisions must be transparent so we understand how and why certain cases are flagged. And third, human reviewers must be actively trained and authorized to question and override algorithmic decisions.Week in Insights: TIGTA's AI Ambitions Risk Rerun of Dutch Fiasco This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe

House Bills 133 and 337 would increase Louisiana's Earned Income Tax Credit and create a state-level Child Tax Credit, respectively. Neva Butkus of the Institute on Taxation and Economic Policy joins the Didja Know? Podcast to explain the many benefits of working family tax credits.

In today's episode, we welcome Brooke Lierman, Comptroller of the state of Maryland, to discuss steps the state of Maryland is taking to increase the take-up of the credit.

Learn how United Way leverages partnerships to annually reclaim tens of millions in refunds for San Diegans, dramatically impacting lives by providing stability, reducing stress, and fostering community strength.This lively chat with Nancy Sasaki, CEO of United Way of San Diego County, is about the transformative power of financial literacy. Nancy explains how United Way recognized financial stability as essential for community health. She begins with, “Financial security helps people feel stable and secure, and the pandemic clearly showed how critical this is.”Discussing their extraordinary collaborative effort through the Earned Income Tax Credit coalition with over 45 organizations, Nancy speaks to the surprising reality for underserved communities: “People who don't make much money often don't think they'll get taxes back, but they absolutely can.”This enlightening conversation brilliantly connects community needs, financial empowerment, and nonprofit innovation.#FinancialLiteracy #CommunityImpact #UnitedWayFind us Live daily on YouTube!Find us Live daily on LinkedIn!Find us Live daily on X: @Nonprofit_ShowOur national co-hosts and amazing guests discuss management, money and missions of nonprofits! 12:30pm ET 11:30am CT 10:30am MT 9:30am PTSend us your ideas for Show Guests or Topics: HelpDesk@AmericanNonprofitAcademy.comVisit us on the web:The Nonprofit Show

The U.S. spends billions on programs designed to fight poverty, but it appears that much of that money is actually making corporations richer instead of helping people. This week, Nick and Goldy sit down with Anne Kim, author of Poverty for Profit: How Corporations Get Rich off America's Poor, to talk about the vast industry that siphons public dollars from anti-poverty programs.. From tax prep companies skimming off the Earned Income Tax Credit to private Medicaid contractors denying care to boost their bottom line, Kim exposes the hidden ways corporations profit off economic hardship. How did we end up with an anti-poverty system that enriches shareholders instead of helping people? More importantly—how do we fix it? Anne Kim is a writer, lawyer, public policy expert, and contributing editor at Washington Monthly. She's also the author of Poverty for Profit: How Corporations Get Rich off America's Poor and Abandoned: America's Lost Youth and the Crisis of Disconnection. Social Media: @anne-s-kim.bsky.social Further reading:  Poverty for Profit: How Corporations Get Rich off America's Poor Abandoned: America's Lost Youth and the Crisis of Disconnection The TurboTax Trap: How the Tax Prep Industry Makes You Pay The True Size of Government Website: http://pitchforkeconomics.com Instagram: @pitchforkeconomics Threads: pitchforkeconomics Bluesky: @pitchforkeconomics.bsky.social Twitter: @PitchforkEcon, @NickHanauer, @civicaction YouTube: @pitchforkeconomics LinkedIn: Pitchfork Economics Substack: The Pitch

This week on CounterSpin: Donald Trump has declared that the U.S. is going to “take over” the Gaza Strip, and the Palestinians who live there will be “permanently” exiled. Asked whether Palestinians would have the right to return to Gaza under his scheme, Trump said “no.” But even those corporate media who aren't actually endorsing this illegal, inhumane plan still can't seem to find it in themselves to call it what it is: ethnic cleansing. Media critic, activist, and teacher Gregory Shupak has been looking into big media's systematic refusal to use appropriate language about the human rights crimes unfolding before our eyes in Palestine. He teaches English and media studies at the University of Guelph-Humber in Toronto and author of the book The Wrong Story: Palestine, Israel and the Media, from OR Books. There is a deep, if muddled, sense that the U.S. tax system is unfair. The little guy pays too much and rich folks and corporations find loopholes and offshore accounts. And then, on a different page, there's a story about how “we” as a country just don't have “enough resources” to allow school kids to eat lunch, because that would mean the dreaded higher taxes! Media outlets that fail to make meaningful connections — between those clever offshore accounts and the supposed inability to fund school lunch; between cutting funding for the IRS and doubling down on people who use the Earned Income Tax Credit — are certainly not the ones to look to for an understanding of the racial impacts of supposedly neutral tax policy and practices, however demonstrable those impacts may be. We'll talk about that with Portia Allen-Kyle, interim executive director at Color of Change and author of the report Preying Preparers.   The post Gregory Shupak on Palestine Ethnic Cleansing / Portia Allen-Kyle on Tax Unfairness appeared first on KPFA.

The IRS is anticipating higher tax returns for 2024 due to an increase in the standard deduction, and adjustments to the tax brackets and Earned Income Tax Credit. Nathan explains the drawbacks of getting a big tax return, and how to adjust your withholds so more of your money can be put to work for you. Host: Nathan Beauvais, CFP®, CIMA®; Air Date: 2/12/2025. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/listener for privacy information.

The IRS is increasing scrutiny, and your due diligence must meet the challenge.Quick Tax TipWith Art WernerCPE TodayAs the IRS increases its enforcement efforts fueled by new funding and additional agents, understanding and practicing due diligence is more critical than ever for tax professionals. Due diligence requirements, established to ensure compliance with tax law, place a significant responsibility on tax practitioners to verify their clients' eligibility for certain tax benefits.Click here for more Art WernerTax professionals must now certify positions related to the American Opportunity Tax Credit, the Earned Income Tax Credit, the Child Tax Credit, and the filing status of Head of Household. These certifications require meticulous documentation, a thorough understanding of the client's situation, and adherence to the law.Failing to uphold due diligence can have serious consequences.

“Administrative burdens” is a term for the frictions people experience when interacting with government—learning how a program works, taking the time to fill out paperwork, and experiencing the frustrations and shame that can come from the process. Sometimes this is accidental—just the result of a bureaucracy failing to think through how it interacts with citizens. But it can also be purposeful—a way for politicians and policymakers to limit or direct programs without openly admitting to it. In this conversation, Donald Moynihan describes how administrative burdens affect how citizens experience government agencies and how interactions between the three branches of federal government can get in the way of efficient and effective public service. Donald Moynihan is a public policy professor at the University of Michigan's Gerald R. Ford School of Public Policy and codirects the Better Government Lab at Georgetown University. He previously served as the McCourt Chair for Georgetown University's McCourt School of Public Policy and as director of the University of Wisconsin-Madison's La Follette School. His work focuses on the administrative burdens citizens encounter during interactions with government. In addition to his research, Moynihan is the president of the Association for Public Policy and Management. https://donmoynihan.substack.com/

In this episode of Moderate Minis, Hillari Lombard explores Vice President Kamala Harris's sweeping economic policies aimed at tackling affordability and creating new opportunities. Harris targets the high cost of living and corporate greed with proposals to invest in small businesses, enforce price gouging laws, and expand tax credits. Her ambitious agenda includes raising the child tax credit, introducing a $6,000 newborn tax credit, and making the Earned Income Tax Credit more accessible. These measures, while promising to reduce financial stress and child poverty, spark debates over their $1.4 trillion price tag and potential increase in government dependency. Harris's strategy also involves fostering 25 million new small businesses through government contracts and low-interest loans, funded by tax hikes on the wealthy and corporations. Critics worry about the impact on investment and national debt, but supporters argue it's a fair approach to tackling income inequality and providing better social outcomes. The feasibility of passing these through Congress remains a big question mark, coloring Harris's policies as both ambitious and contentious.

Originally Uploaded April 15, Re-edited July 5th. Chris Holman welcomes Lou Glazer, President of Michigan Future, Inc. , Ann Arbor, MI. There were several things Chris wanted to find out from Lou in this interview: Lou, remind the Michigan business community about Michigan Future, Inc.? You recently had Impact Research do polling of likely 2024 voters in Michigan what was your focus? Why do you believe there is broad bipartisan support for a $1 billion tax cut for Michigan parents? What are the implications of such a tax cut? Do you see any impact to the business community, like increased labor participation if the cuts happen? $1 billion tax cut for Michigan parents has broad bipartisan support At a time of stark partisan divide an overwhelming majority of Michiganders unite in support of a significant tax cut for Michigan's working parents. LANSING, Mich. – Recent polling of likely 2024 voters in Michigan, conducted by Impact Research for Michigan Future, Inc., finds strong support for a $1 billion Working Parents Tax Cut (WPTC) to help parents raising young children afford household necessities including child care. When given details of the proposal, 76 percent of Michiganders support enactment of a one-billion-dollar tax cut for working parents to pay for necessities like groceries, housing, and child care – while planning for the future. The poll, conducted in March, found that Michiganders – across party lines; across media markets; across those who are raising children and those who are not; and across those who meet income eligibility requirements and those who don't – overwhelmingly believe that putting more money in the pockets of working parents would do more to help them keep up with the cost of living than increased funding for state programs like child care and housing. “A working parents tax cut unites Michiganders," said Lou Glazer, president of Michigan Future, Inc. “They agree that there is no program that the state can administer that has the scale or impact that the Working Parents Tax Cut has. Michiganders agree that families know best how to spend their money and by providing them with this tax cut, we would empower parents to make the best decisions they can for themselves and their children.” The proposal is a fully refundable tax credit of $5,000 for children under age three, and $2,500 for children from age three up to six years old. To qualify, a household needs earnings of at least $10,000 per year from work and must meet Earned Income Tax Credit income thresholds, roughly up to $64,000 per year depending on family size. There is a limit of three children per family for the tax cut. More than 250,000 Michigan children under the age of six live in WPTC eligible households. “The Working Parents Tax Cut is an A+ policy proposal when it comes to voter support,” said Kevin Akins, a partner at Impact Research. “A large majority of Michigan voters from both sides of the aisle are united around this tax cut proposal, voicing levels of bipartisan support that are rarely found in the current political environment.” The poll of 500 likely Michigan general election voters was conducted from March 5-10, 2024 on an online and text-to-web survey. The margin of error for the full sample is +/- 4.4% at the 95% level of confidence and higher for subgroups. Click here to view a memo from Impact Research for more information about the poll. ### About Michigan Future Inc. Michigan Future Inc. is a non-partisan, non-profit organization. Our mission is to be a source of new ideas on how Michigan can succeed as a world class community in a knowledge-driven economy. Its work is funded by Michigan foundations. » Visit MBN website: www.michiganbusinessnetwork.com/ » Watch MBN's YouTube: www.youtube.com/@MichiganbusinessnetworkMBN » Like MBN: www.facebook.com/mibiznetwork » Follow MBN: twitter.com/MIBizNetwork/ » MBN Instagram: www.instagram.com/mibiznetwork/

The Heartland POD, Friday June 21, 2024Kansas Legislature passes incentive bill to lure Kanas City Chiefs and RoyalsRather than preside over clown show convention, IL GOP chair resignsIllinois families cheer $300 state Child Tax CreditDems confident, Republicans morose in ongoing IVF battleThis week in ‘unforced errors' Trump calls Milwaukee a ‘horrible city' causing his pollster to be… also morose. We're glad to have you with us. If you're new to our shows make sure you subscribe and leave a 5-star rating wherever you listen. You can also find Heartland POD content on Youtube and on social media @ THE heartland pod, and learn more at https://theheartlandcollective.comLots to do, so let's go! Kansas Legislature passes incentive bill to lure Kansas City Chiefs, RoyalsBY: ALLISON KITE - JUNE 18, 2024 3:26 PM   Brady Singer of the Kansas City Royals throws in the first inning against the Houston Astros at Kauffman Stadium in April. (Ed Zurga/Getty Images).TOPEKA — The Kansas City Royals and Chiefs could receive hundreds of millions of dollars in sales tax revenue to move from Missouri and build new stadiums across the state line under legislation passed Tuesday by Kansas lawmakers.The House voted 84-38 and the Senate voted 27-8 to approve legislation that would expand a state incentive program in an attempt to lure one or both teams from Kansas City. The bill now heads to Gov. Laura Kelly, a Democrat, who said in a statement following the Senate vote that the effort to bring the teams to Kansas “shows we're all-in on keeping our beloved teams in the Kansas City metro.”“Kansas now has the opportunity to become a professional sports powerhouse with the Chiefs and Royals potentially joining Sporting KC as major league attractions, all with robust, revenue-generating entertainment districts surrounding them providing new jobs, new visitors and new revenues that boost the Kansas economy,” Kelly said.Neither team has promised to move to Kansas, though both actively lobbied for the legislation's passage. The Chiefs said in a statement that the team appreciated Kansas leaders reaching out for input on the legislation.“We look forward to exploring the options this legislation may provide,” the statement said. The Royals said the team was grateful to the legislature for its vote. “The Kansas City Royals look forward to additional conversations as we evaluate where we will play baseball in the future,” the team said. “We will always prioritize the best interests of our fans, associates and taxpayers in this process.”State Rep. Sean Tarwater, a Republican from Stilwell, said during debate in the House that Missouri had a history of losing professional sports teams and implored fellow House members to pass the legislation.“I ask you today, do you really want to put that type of an economic generation in the hands of the state of Missouri?” Tarwater said just before the vote.Rep. Sean Tarwater speaks on the floor of the Kansas House of Representatives in favor of expanding economic incentives in an attempt to bring the Kansas City Chiefs or Royals to Kansas. (Sherman Smith/Kansas Reflector)Passage of the bill represents a monumental step in Kansas lawmakers' attempts to court the teams. Both teams have signaled a willingness to move from their current stadiums at the Truman Sports Complex in Kansas City, Missouri.While neither team has announced a proposed site for a Kansas stadium, legislators speculated it could land in Wyandotte County near the Sporting KC soccer stadium, NASCAR track and outlet shops.“We have the history of building amazing projects that have brought in retail commerce, restaurants, hotels and have improved an area that was largely just a field and turned it into a tax-generating machine for our state,” said Sen. J.R. Claeys, a Salina Republican.The legislation, he said, would put Kansas in a “very good position to keep the Kansas City Chiefs and the Kansas City Royals in the Kansas City metro area.”The bill, which was not voted on by any legislative committee, would expand the state's Sales Tax and Revenue (STAR) Bond program, which is meant to help finance tourism and entertainment districts to help pay for a professional football or baseball stadium of at least $1 billion.A developer building a stadium under the program would be eligible to finance up to 70% of the project cost by issuing bonds and repaying them with the increased sales tax collections from the stadium site. The expansion would have initially allowed up to 75% of project costs but was tweaked before introduction. Debt on a stadium constructed under the expansion wouldn't have to be repaid for 30 years instead of the normal 20.The project could also receive a boost from liquor taxes generated in the STAR Bond district and revenues from a fund Kansas created when it legalized sports betting.During House debate, Rep. Paul Waggoner, a Hutchinson Republican, argued subsidized stadiums never generate the economic activity that they promise. He was alarmed by what he called “minimal transparency” in the deal-making process laid out in the legislation.The bill says any agreement between the state and a team would be confidential until after it has been executed.Waggoner called the legislation “bad public policy.”“This is not your mother's STAR Bonds,” Waggoner said. “This is a jacked up super-sized version of STAR Bonds.”Patrick Mahomes throws pass against the Buffalo Bills during the third quarter in the AFC Divisional Playoff game at Arrowhead Stadium on January 23, 2022. Kansas lawmakers could offer the Kansas City Chiefs and Royals millions of dollars in tax incentives to move from Missouri to Kansas. (Jamie Squire/Getty Images).The bill limits the eligibility to National Football League or Major League Baseball teams currently near Kansas. The financing mechanism could be used for both stadiums and training facilities.Both teams have pressed lawmakers in recent weeks to pass the bill with representatives from the Royals hosting dinner for Democratic lawmakers at a steakhouse Monday night and the Chiefs throwing a lunchtime block party Tuesday steps from the Capitol.Earlier this month, a nonprofit called Scoop and Score Inc. launched to advocate for a Kansas stadium deal. The organization, which does not have to disclose its donors, hired 30 lobbyists to advocate for the STAR Bond expansion legislation. In a statement, former Kansas House Speaker Ron Ryckman Jr., a lobbyist for Scoop and Score and the Chiefs, said the Legislature “stepped up in a big way, paving the path to make sure the Chiefs stay right where they belong — in Kansas City with their loyal fans.”“The votes show overwhelming bipartisan support because Kansas lawmakers know what the Chiefs mean to us and how big of an economic opportunity this is for Kansas,” Ryckman said.Just weeks before Republican National Convention, Illinois GOP chair announces resignationAfter 3 ½ years as ILGOP chair, Don Tracy cites intraparty fighting as reason for quittingBy HANNAH MEISELCapitol News Illinoishmeisel@capitolnewsillinois.comHalfway through the 2024 election cycle and just a few weeks away from the Republican National Convention in Milwaukee, Illinois GOP Chair Don Tracy on Wednesday announced his resignation as head of the state Republican Party.Tracy, who'd held the job since February 2021, explained his resignation in a two-page letter that cited intraparty “power struggles.” He also said he is concerned about the direction the party is taking under the current membership of the Illinois Republican State Central Committee – a 17-person body that steers the ILGOP, with one member elected from each congressional district.“In better days, Illinois Republicans came together after tough intra party elections,” Tracy wrote. “Now however, we have Republicans who would rather fight other Republicans than engage in the harder work of defeating incumbent Democrats by convincing swing voters to vote Republican.”Tracy was narrowly elected Illinois Republican Party chair in the wake of the 2020 election and Jan. 6, 2021, insurrection on the U.S. Capitol by those who sought to stop certification of the election for its winner, President Joe Biden, over former President Donald Trump. Even as Republicans publicly reckoned with the events of Jan. 6, hardline conservatives on the state central committee were pushing for a more ardent supporter of Trump and his politics than the previous chair, who was hand-picked by former Gov. Bruce Rauner.Instead, the party got Tracy, another Rauner ally who served as chair of the Illinois Gaming Board during the one-term governor's administration. Tracy had unsuccessfully run for lieutenant governor in 2010, and in 2002, he lost a bid for a state Senate seat – but as a Democrat.Tracy's electoral history, as well as his experience as an attorney and co-owner of his family's food distribution business, fit the mold of previous ILGOP chairs in a state where fiscally conservative and socially moderate suburban Republicans for decades were a political powerhouse.But as Republican politics have changed both nationally and in Illinois, Tracy's run as party chair proved tumultuous.Additionally, Tracy wrote that he was “concerned about the current infatuation” of some state central committee members “with certain individuals they call ‘grass roots' leaders.”One such self-proclaimed grassroots Republican, former state Sen. Darren Bailey, celebrated Tracy's resignation on social media Wednesday, calling it a “cleansing” of the state GOP.“Fake republicans got us into this mess,” wrote Bailey, who earlier this year lost a primary challenge to U.S. Rep. Mike Bost and unsuccessfully ran for governor in 2022. “Real Republicans standing firm will get us out!!!”Read more: Dems seek unity as new, former chair take no questions from media after party voteDemocrats panned the state GOP as “defined by a litany of electoral disasters, constant infighting, meager fundraising, and a strict adherence to a losing set of anti-choice, anti-worker, pro-Trump policies.”“While we don't expect new leadership to change any of that, we do wish the best of luck to the inevitable MAGA extremist who will succeed Don Tracy as Chair,” the party said.Tracy's letter indicated he would resign upon the election of a successor, “preferably no later than” July 19 – the day after the RNC is scheduled to conclude. Capitol News Illinois is a nonprofit, nonpartisan news service covering state government. It is distributed to hundreds of newspapers, radio and TV stations statewide. It is funded primarily by the Illinois Press Foundation and the Robert R. McCormick Foundation, along with major contributions from the Illinois Broadcasters Foundation and Southern Illinois Editorial Association.Illinois child tax credit: who gets it, how much is it?(Capitol News Illinois illustration by Andrew Adams)Thursday, June 13, 2024$50M tax credit program will provide up to roughly $300 for low-income familiesBy ANDREW ADAMSCapitol News Illinoisaadams@capitolnewsillinois.comIn the final hours of their spring legislative session, Illinois lawmakers approved a tax credit of up to about $300 for families with young children. The credit is available to Illinoisans with children under age 12 who qualify for the federal Earned Income Tax Credit, or EITC. Although it has exceptions, that credit is generally available to married couples earning up to about $60,000 and single people earning up to about $50,000, depending on the number of children they have. For taxes on 2024 income, the tax credit will cap at just over $300 for tax filers with three or more children who meet certain income requirements. Taxpayers with two children face a cap of about $270 and taxpayers with one child face a cap of about $170. The child tax credit equates to 20 percent of the state's EITC, which allows Illinois taxpayers a credit equal to 20 percent of the federal EITC. Starting in tax year 2025, the state's child tax credit will double to 40 percent of the state EITC, meaning that it will max out at a bit over $600 for families with three children. Because the federal tax credit that determines its size is tied to inflation, the actual size of future years' child tax credits is yet to be determined. In its first year, the program is expected to cost the state $50 million, with a cost of about $100 million in subsequent years. The idea of a permanent child tax credit in Illinois has been floated for several years, with various proposals being put forward by legislators in the General Assembly as well as advocacy groups and think tanks. Gov. JB Pritzker pitched a child tax credit in his proposed budget earlier this year that was smaller than the version that passed in the final budget. It would have applied to children under three years old and cost about $12 million. Proponents of the idea say that in addition to helping low-income families, programs like this help local economies. “Every dollar we invest in the child tax credit is immediately spent locally,” Erion Malasi, the policy director for Economic Security for Illinois, told Capitol News Illinois. Researchers at the Illinois Economic Policy Institute, a labor movement-affiliated think tank, found in a January report that child tax credits have a higher economic impact than cuts to corporate income taxes or to capital gains taxes. That report also cited several research teams that found the temporary expansion to the federal child tax credit between 2021 and 2023 reduced child poverty in the U.S. by between 25 and 36 percent. That credit provided an additional $1,000 per child on top of an existing $2,000 credit, with increases for younger children. State Sen. Omar Aquino, D-Chicago, sponsored legislation that would have created a $300 million child tax credit program that was more expansive than the version that passed. Aquino told Capitol News Illinois he will be watching the rollout of the child tax credit to see if there is room for an “expansion” in future budget years or if there is a route for the credit to be automatically applied for qualifying taxpayers. The Illinois Department of Revenue is working on guidance for next year's filing season and will provide information about how to claim the child tax credit on its website. Capitol News Illinois is a nonprofit, nonpartisan news service covering state government. It is distributed to hundreds of print and broadcast outlets statewide. It is funded primarily by the Illinois Press Foundation and the Robert R. McCormick Foundation, along with major contributions from the Illinois Broadcasters Foundation and Southern Illinois Editorial Association.Kansas' Davids lauds court decision on abortion pill; Marshall critiques Democrats' IVF billBY: TIM CARPENTER - JUNE 13, 2024 4:56 PM   U.S. Rep. Sharice Davids, D-Kansas, applauded a decision by the U.S. Supreme Court to turn aside a lawsuit seeking to direct the U.S. Food and Drug Administration to significantly limit access to the abortion pill mifepristone. (Tim Carpenter/Kansas Reflector)TOPEKA — U.S. Rep. Sharice Davids of Kansas said the U.S. Supreme Court's rejection of an attempt to undermine the federal Food and Drug Administration's authorization of a widely available abortion medication wouldn't be the final act by opponents of reproductive rights.On Thursday, the Supreme Court said the plaintiffs, comprised of anti-abortion physicians and organizations, didn't have standing to pursue the lawsuit against the FDA aimed at curtailing access to the drug mifepristone. It's possible other plaintiffs capable of showing they were harmed by availability of the pill could challenge FDA approval of the drug. It is used in approximately half of all abortions in the United States.“I will always stand with Kansans who overwhelmingly rejected extremist attempts to limit reproductive health care access,” said Davids, the 3rd District Democrat. “Yet, for the second year in a row, a vital and safe reproductive health care medication was under attack, threatening to strip Kansans' ability to freely make health care decisions that are best for their families and futures.”Davids said the Supreme Court opinion was “a victory for our freedoms,” but the legal fight regarding abortion access was far from over. She vowed to continue opposing attempts to “interfere in our most private health care decisions.”U.S. Sen. Roger Marshall, R-Kansas, signed an amicus brief urging federal courts to rule the FDA overstepped its authority years ago in regard to use of mifepristone. U.S. Reps. Ron Estes, Tracey Mann and Jake LaTurner, signed a brief that argued the Supreme Court should reverse the FDA.These Kansas lawmakers said the FDA's action to deregulate “chemical abortion drugs” subverted Congress' public policy interests and patient welfare.Mifepristone, which is authorized for up to 10 weeks into a pregnancy, was part of two-drug regimen that included misoprostol as the second pharmaceutical.Meanwhile, both U.S. senators from Kansas, Republicans Jerry Moran and Marshall, voted Thursday to block legislation offered by Democratic U.S. Sen. Tammy Duckworth of Illinois that would affirm the right of women attempting to become pregnant to seek fertility treatments that included in vitro fertilization or IVF.The Senate vote on that measure was 48-47, short of the 60 votes required to advance the measure.On Wednesday, Marshall said the Duckworth bill contained “poison pills” that violated the religious freedom of physicians and would unnecessarily broaden access to reproductive technology. He praised a piece of IVF legislation sponsored by Republican U.S. Sen. Ted Cruz of Texas.Marshall, a physician who delivered babies for 30 years in Kansas said, “The country needs to know that Republicans believe in IVF. I happen to believe IVF is a gift from God.”Sean: Unfortunately for Senator Marshall, he doesn't speak for all Republicans, many of whom are far out of the mainstream on whether they believe families should be able to access IVF.And today in unforced errors…Trump tells House Republicans Milwaukee is a ‘horrible city'BY: HENRY REDMAN - JUNE 13, 2024 10:51 AM   Republican presidential candidate and former President Donald Trump speaks during a rally on Wednesday, May 1, in Waukesha, Wisconsin. (Scott Olson | Getty Images)In a closed door meeting with Republicans in the U.S. House of Representatives, Donald Trump reportedly called Milwaukee, the location of this summer's Republican National Convention, a “horrible city.” Trump's comments were reported by Punchbowl News' Jake Sherman. “Milwaukee, where we are having our convention, is a horrible city,” Trump is reported to have said on Thursday. The former president visited Wisconsin in May, holding a rally in Waukesha. During that visit, he talked about the RNC coming to Milwaukee, making fun of Democrats — who planned to hold the 2020 Democratic National Convention in the city but canceled it due to the COVID-19 pandemic — for not showing up to the city. Wisconsin's House Republicans responded to the report with varying stories about what happened. Rep. Glenn Grothman told reporters Trump was talking about “election integrity” in large urban centers, Rep. Derrick Van Orden said the report was a lie and that Trump was talking about the city's crime rate and Rep. Bryan Steil denied that Trump made the comment at all.In response to the comment, Democrats said if Trump doesn't like Milwaukee, he doesn't need to come. “If Donald Trump hates Milwaukee so much, we have one message for him: don't come, we won't miss you — your campaign is barely here in the first place,” Democratic National Committee spokesperson Addy Toevs said in a statement. “In November, Wisconsinites will show Trump how the dislike is mutual and will reject him again once and for all.”Other Democrats touted Milwaukee's beer, food and sports teams while connecting the comments to regular Republican attacks against Wisconsin's largest and most diverse city.“Donald Trump attacking the great city of Milwaukee as a ‘horrible city' exactly one month before he shuffles out on stage at the Fiserv reflects the backward, twisted man Donald Trump has always been,” Wisconsin Democratic Party Vice Chair Felesia Martin said. “With entertainment, recreation and a quality of life that is unparalleled — to say nothing of a great basketball team — I am blessed to call Milwaukee home. We're used to Republican politicians like Donald Trump showing nothing but contempt for Milwaukee and the folks who live here: they know our power, and they're afraid of the city we are building here, together. Once again, Trump has demonstrated why he should not be elected to the highest office in the land. He does not possess the discipline, respect, thoughtfulness, nor the maturity necessary to lead our country.”Trump is expected to visit southeastern Wisconsin again next week, for a planned rally in Racine on Tuesday. Because he knows if he wants to be president again, he has to win there. Wild. @TheHeartlandPOD on Twitter and ThreadsCo-HostsAdam Sommer @Adam_Sommer85 (Twitter) @adam_sommer85 (Threads)Rachel Parker @msraitchetp (Threads) Sean Diller (no social)The Heartland Collective - Sign Up Today!JOIN PATREON FOR MORE - AND JOIN OUR SOCIAL NETWORK!“Change The Conversation”Outro Song: “The World Is On Fire” by American Aquarium http://www.americanaquarium.com/

The Heartland POD, Friday June 21, 2024Kansas Legislature passes incentive bill to lure Kanas City Chiefs and RoyalsRather than preside over clown show convention, IL GOP chair resignsIllinois families cheer $300 state Child Tax CreditDems confident, Republicans morose in ongoing IVF battleThis week in ‘unforced errors' Trump calls Milwaukee a ‘horrible city' causing his pollster to be… also morose. We're glad to have you with us. If you're new to our shows make sure you subscribe and leave a 5-star rating wherever you listen. You can also find Heartland POD content on Youtube and on social media @ THE heartland pod, and learn more at https://theheartlandcollective.comLots to do, so let's go! Kansas Legislature passes incentive bill to lure Kansas City Chiefs, RoyalsBY: ALLISON KITE - JUNE 18, 2024 3:26 PM   Brady Singer of the Kansas City Royals throws in the first inning against the Houston Astros at Kauffman Stadium in April. (Ed Zurga/Getty Images).TOPEKA — The Kansas City Royals and Chiefs could receive hundreds of millions of dollars in sales tax revenue to move from Missouri and build new stadiums across the state line under legislation passed Tuesday by Kansas lawmakers.The House voted 84-38 and the Senate voted 27-8 to approve legislation that would expand a state incentive program in an attempt to lure one or both teams from Kansas City. The bill now heads to Gov. Laura Kelly, a Democrat, who said in a statement following the Senate vote that the effort to bring the teams to Kansas “shows we're all-in on keeping our beloved teams in the Kansas City metro.”“Kansas now has the opportunity to become a professional sports powerhouse with the Chiefs and Royals potentially joining Sporting KC as major league attractions, all with robust, revenue-generating entertainment districts surrounding them providing new jobs, new visitors and new revenues that boost the Kansas economy,” Kelly said.Neither team has promised to move to Kansas, though both actively lobbied for the legislation's passage. The Chiefs said in a statement that the team appreciated Kansas leaders reaching out for input on the legislation.“We look forward to exploring the options this legislation may provide,” the statement said. The Royals said the team was grateful to the legislature for its vote. “The Kansas City Royals look forward to additional conversations as we evaluate where we will play baseball in the future,” the team said. “We will always prioritize the best interests of our fans, associates and taxpayers in this process.”State Rep. Sean Tarwater, a Republican from Stilwell, said during debate in the House that Missouri had a history of losing professional sports teams and implored fellow House members to pass the legislation.“I ask you today, do you really want to put that type of an economic generation in the hands of the state of Missouri?” Tarwater said just before the vote.Rep. Sean Tarwater speaks on the floor of the Kansas House of Representatives in favor of expanding economic incentives in an attempt to bring the Kansas City Chiefs or Royals to Kansas. (Sherman Smith/Kansas Reflector)Passage of the bill represents a monumental step in Kansas lawmakers' attempts to court the teams. Both teams have signaled a willingness to move from their current stadiums at the Truman Sports Complex in Kansas City, Missouri.While neither team has announced a proposed site for a Kansas stadium, legislators speculated it could land in Wyandotte County near the Sporting KC soccer stadium, NASCAR track and outlet shops.“We have the history of building amazing projects that have brought in retail commerce, restaurants, hotels and have improved an area that was largely just a field and turned it into a tax-generating machine for our state,” said Sen. J.R. Claeys, a Salina Republican.The legislation, he said, would put Kansas in a “very good position to keep the Kansas City Chiefs and the Kansas City Royals in the Kansas City metro area.”The bill, which was not voted on by any legislative committee, would expand the state's Sales Tax and Revenue (STAR) Bond program, which is meant to help finance tourism and entertainment districts to help pay for a professional football or baseball stadium of at least $1 billion.A developer building a stadium under the program would be eligible to finance up to 70% of the project cost by issuing bonds and repaying them with the increased sales tax collections from the stadium site. The expansion would have initially allowed up to 75% of project costs but was tweaked before introduction. Debt on a stadium constructed under the expansion wouldn't have to be repaid for 30 years instead of the normal 20.The project could also receive a boost from liquor taxes generated in the STAR Bond district and revenues from a fund Kansas created when it legalized sports betting.During House debate, Rep. Paul Waggoner, a Hutchinson Republican, argued subsidized stadiums never generate the economic activity that they promise. He was alarmed by what he called “minimal transparency” in the deal-making process laid out in the legislation.The bill says any agreement between the state and a team would be confidential until after it has been executed.Waggoner called the legislation “bad public policy.”“This is not your mother's STAR Bonds,” Waggoner said. “This is a jacked up super-sized version of STAR Bonds.”Patrick Mahomes throws pass against the Buffalo Bills during the third quarter in the AFC Divisional Playoff game at Arrowhead Stadium on January 23, 2022. Kansas lawmakers could offer the Kansas City Chiefs and Royals millions of dollars in tax incentives to move from Missouri to Kansas. (Jamie Squire/Getty Images).The bill limits the eligibility to National Football League or Major League Baseball teams currently near Kansas. The financing mechanism could be used for both stadiums and training facilities.Both teams have pressed lawmakers in recent weeks to pass the bill with representatives from the Royals hosting dinner for Democratic lawmakers at a steakhouse Monday night and the Chiefs throwing a lunchtime block party Tuesday steps from the Capitol.Earlier this month, a nonprofit called Scoop and Score Inc. launched to advocate for a Kansas stadium deal. The organization, which does not have to disclose its donors, hired 30 lobbyists to advocate for the STAR Bond expansion legislation. In a statement, former Kansas House Speaker Ron Ryckman Jr., a lobbyist for Scoop and Score and the Chiefs, said the Legislature “stepped up in a big way, paving the path to make sure the Chiefs stay right where they belong — in Kansas City with their loyal fans.”“The votes show overwhelming bipartisan support because Kansas lawmakers know what the Chiefs mean to us and how big of an economic opportunity this is for Kansas,” Ryckman said.Just weeks before Republican National Convention, Illinois GOP chair announces resignationAfter 3 ½ years as ILGOP chair, Don Tracy cites intraparty fighting as reason for quittingBy HANNAH MEISELCapitol News Illinoishmeisel@capitolnewsillinois.comHalfway through the 2024 election cycle and just a few weeks away from the Republican National Convention in Milwaukee, Illinois GOP Chair Don Tracy on Wednesday announced his resignation as head of the state Republican Party.Tracy, who'd held the job since February 2021, explained his resignation in a two-page letter that cited intraparty “power struggles.” He also said he is concerned about the direction the party is taking under the current membership of the Illinois Republican State Central Committee – a 17-person body that steers the ILGOP, with one member elected from each congressional district.“In better days, Illinois Republicans came together after tough intra party elections,” Tracy wrote. “Now however, we have Republicans who would rather fight other Republicans than engage in the harder work of defeating incumbent Democrats by convincing swing voters to vote Republican.”Tracy was narrowly elected Illinois Republican Party chair in the wake of the 2020 election and Jan. 6, 2021, insurrection on the U.S. Capitol by those who sought to stop certification of the election for its winner, President Joe Biden, over former President Donald Trump. Even as Republicans publicly reckoned with the events of Jan. 6, hardline conservatives on the state central committee were pushing for a more ardent supporter of Trump and his politics than the previous chair, who was hand-picked by former Gov. Bruce Rauner.Instead, the party got Tracy, another Rauner ally who served as chair of the Illinois Gaming Board during the one-term governor's administration. Tracy had unsuccessfully run for lieutenant governor in 2010, and in 2002, he lost a bid for a state Senate seat – but as a Democrat.Tracy's electoral history, as well as his experience as an attorney and co-owner of his family's food distribution business, fit the mold of previous ILGOP chairs in a state where fiscally conservative and socially moderate suburban Republicans for decades were a political powerhouse.But as Republican politics have changed both nationally and in Illinois, Tracy's run as party chair proved tumultuous.Additionally, Tracy wrote that he was “concerned about the current infatuation” of some state central committee members “with certain individuals they call ‘grass roots' leaders.”One such self-proclaimed grassroots Republican, former state Sen. Darren Bailey, celebrated Tracy's resignation on social media Wednesday, calling it a “cleansing” of the state GOP.“Fake republicans got us into this mess,” wrote Bailey, who earlier this year lost a primary challenge to U.S. Rep. Mike Bost and unsuccessfully ran for governor in 2022. “Real Republicans standing firm will get us out!!!”Read more: Dems seek unity as new, former chair take no questions from media after party voteDemocrats panned the state GOP as “defined by a litany of electoral disasters, constant infighting, meager fundraising, and a strict adherence to a losing set of anti-choice, anti-worker, pro-Trump policies.”“While we don't expect new leadership to change any of that, we do wish the best of luck to the inevitable MAGA extremist who will succeed Don Tracy as Chair,” the party said.Tracy's letter indicated he would resign upon the election of a successor, “preferably no later than” July 19 – the day after the RNC is scheduled to conclude. Capitol News Illinois is a nonprofit, nonpartisan news service covering state government. It is distributed to hundreds of newspapers, radio and TV stations statewide. It is funded primarily by the Illinois Press Foundation and the Robert R. McCormick Foundation, along with major contributions from the Illinois Broadcasters Foundation and Southern Illinois Editorial Association.Illinois child tax credit: who gets it, how much is it?(Capitol News Illinois illustration by Andrew Adams)Thursday, June 13, 2024$50M tax credit program will provide up to roughly $300 for low-income familiesBy ANDREW ADAMSCapitol News Illinoisaadams@capitolnewsillinois.comIn the final hours of their spring legislative session, Illinois lawmakers approved a tax credit of up to about $300 for families with young children. The credit is available to Illinoisans with children under age 12 who qualify for the federal Earned Income Tax Credit, or EITC. Although it has exceptions, that credit is generally available to married couples earning up to about $60,000 and single people earning up to about $50,000, depending on the number of children they have. For taxes on 2024 income, the tax credit will cap at just over $300 for tax filers with three or more children who meet certain income requirements. Taxpayers with two children face a cap of about $270 and taxpayers with one child face a cap of about $170. The child tax credit equates to 20 percent of the state's EITC, which allows Illinois taxpayers a credit equal to 20 percent of the federal EITC. Starting in tax year 2025, the state's child tax credit will double to 40 percent of the state EITC, meaning that it will max out at a bit over $600 for families with three children. Because the federal tax credit that determines its size is tied to inflation, the actual size of future years' child tax credits is yet to be determined. In its first year, the program is expected to cost the state $50 million, with a cost of about $100 million in subsequent years. The idea of a permanent child tax credit in Illinois has been floated for several years, with various proposals being put forward by legislators in the General Assembly as well as advocacy groups and think tanks. Gov. JB Pritzker pitched a child tax credit in his proposed budget earlier this year that was smaller than the version that passed in the final budget. It would have applied to children under three years old and cost about $12 million. Proponents of the idea say that in addition to helping low-income families, programs like this help local economies. “Every dollar we invest in the child tax credit is immediately spent locally,” Erion Malasi, the policy director for Economic Security for Illinois, told Capitol News Illinois. Researchers at the Illinois Economic Policy Institute, a labor movement-affiliated think tank, found in a January report that child tax credits have a higher economic impact than cuts to corporate income taxes or to capital gains taxes. That report also cited several research teams that found the temporary expansion to the federal child tax credit between 2021 and 2023 reduced child poverty in the U.S. by between 25 and 36 percent. That credit provided an additional $1,000 per child on top of an existing $2,000 credit, with increases for younger children. State Sen. Omar Aquino, D-Chicago, sponsored legislation that would have created a $300 million child tax credit program that was more expansive than the version that passed. Aquino told Capitol News Illinois he will be watching the rollout of the child tax credit to see if there is room for an “expansion” in future budget years or if there is a route for the credit to be automatically applied for qualifying taxpayers. The Illinois Department of Revenue is working on guidance for next year's filing season and will provide information about how to claim the child tax credit on its website. Capitol News Illinois is a nonprofit, nonpartisan news service covering state government. It is distributed to hundreds of print and broadcast outlets statewide. It is funded primarily by the Illinois Press Foundation and the Robert R. McCormick Foundation, along with major contributions from the Illinois Broadcasters Foundation and Southern Illinois Editorial Association.Kansas' Davids lauds court decision on abortion pill; Marshall critiques Democrats' IVF billBY: TIM CARPENTER - JUNE 13, 2024 4:56 PM   U.S. Rep. Sharice Davids, D-Kansas, applauded a decision by the U.S. Supreme Court to turn aside a lawsuit seeking to direct the U.S. Food and Drug Administration to significantly limit access to the abortion pill mifepristone. (Tim Carpenter/Kansas Reflector)TOPEKA — U.S. Rep. Sharice Davids of Kansas said the U.S. Supreme Court's rejection of an attempt to undermine the federal Food and Drug Administration's authorization of a widely available abortion medication wouldn't be the final act by opponents of reproductive rights.On Thursday, the Supreme Court said the plaintiffs, comprised of anti-abortion physicians and organizations, didn't have standing to pursue the lawsuit against the FDA aimed at curtailing access to the drug mifepristone. It's possible other plaintiffs capable of showing they were harmed by availability of the pill could challenge FDA approval of the drug. It is used in approximately half of all abortions in the United States.“I will always stand with Kansans who overwhelmingly rejected extremist attempts to limit reproductive health care access,” said Davids, the 3rd District Democrat. “Yet, for the second year in a row, a vital and safe reproductive health care medication was under attack, threatening to strip Kansans' ability to freely make health care decisions that are best for their families and futures.”Davids said the Supreme Court opinion was “a victory for our freedoms,” but the legal fight regarding abortion access was far from over. She vowed to continue opposing attempts to “interfere in our most private health care decisions.”U.S. Sen. Roger Marshall, R-Kansas, signed an amicus brief urging federal courts to rule the FDA overstepped its authority years ago in regard to use of mifepristone. U.S. Reps. Ron Estes, Tracey Mann and Jake LaTurner, signed a brief that argued the Supreme Court should reverse the FDA.These Kansas lawmakers said the FDA's action to deregulate “chemical abortion drugs” subverted Congress' public policy interests and patient welfare.Mifepristone, which is authorized for up to 10 weeks into a pregnancy, was part of two-drug regimen that included misoprostol as the second pharmaceutical.Meanwhile, both U.S. senators from Kansas, Republicans Jerry Moran and Marshall, voted Thursday to block legislation offered by Democratic U.S. Sen. Tammy Duckworth of Illinois that would affirm the right of women attempting to become pregnant to seek fertility treatments that included in vitro fertilization or IVF.The Senate vote on that measure was 48-47, short of the 60 votes required to advance the measure.On Wednesday, Marshall said the Duckworth bill contained “poison pills” that violated the religious freedom of physicians and would unnecessarily broaden access to reproductive technology. He praised a piece of IVF legislation sponsored by Republican U.S. Sen. Ted Cruz of Texas.Marshall, a physician who delivered babies for 30 years in Kansas said, “The country needs to know that Republicans believe in IVF. I happen to believe IVF is a gift from God.”Sean: Unfortunately for Senator Marshall, he doesn't speak for all Republicans, many of whom are far out of the mainstream on whether they believe families should be able to access IVF.And today in unforced errors…Trump tells House Republicans Milwaukee is a ‘horrible city'BY: HENRY REDMAN - JUNE 13, 2024 10:51 AM   Republican presidential candidate and former President Donald Trump speaks during a rally on Wednesday, May 1, in Waukesha, Wisconsin. (Scott Olson | Getty Images)In a closed door meeting with Republicans in the U.S. House of Representatives, Donald Trump reportedly called Milwaukee, the location of this summer's Republican National Convention, a “horrible city.” Trump's comments were reported by Punchbowl News' Jake Sherman. “Milwaukee, where we are having our convention, is a horrible city,” Trump is reported to have said on Thursday. The former president visited Wisconsin in May, holding a rally in Waukesha. During that visit, he talked about the RNC coming to Milwaukee, making fun of Democrats — who planned to hold the 2020 Democratic National Convention in the city but canceled it due to the COVID-19 pandemic — for not showing up to the city. Wisconsin's House Republicans responded to the report with varying stories about what happened. Rep. Glenn Grothman told reporters Trump was talking about “election integrity” in large urban centers, Rep. Derrick Van Orden said the report was a lie and that Trump was talking about the city's crime rate and Rep. Bryan Steil denied that Trump made the comment at all.In response to the comment, Democrats said if Trump doesn't like Milwaukee, he doesn't need to come. “If Donald Trump hates Milwaukee so much, we have one message for him: don't come, we won't miss you — your campaign is barely here in the first place,” Democratic National Committee spokesperson Addy Toevs said in a statement. “In November, Wisconsinites will show Trump how the dislike is mutual and will reject him again once and for all.”Other Democrats touted Milwaukee's beer, food and sports teams while connecting the comments to regular Republican attacks against Wisconsin's largest and most diverse city.“Donald Trump attacking the great city of Milwaukee as a ‘horrible city' exactly one month before he shuffles out on stage at the Fiserv reflects the backward, twisted man Donald Trump has always been,” Wisconsin Democratic Party Vice Chair Felesia Martin said. “With entertainment, recreation and a quality of life that is unparalleled — to say nothing of a great basketball team — I am blessed to call Milwaukee home. We're used to Republican politicians like Donald Trump showing nothing but contempt for Milwaukee and the folks who live here: they know our power, and they're afraid of the city we are building here, together. Once again, Trump has demonstrated why he should not be elected to the highest office in the land. He does not possess the discipline, respect, thoughtfulness, nor the maturity necessary to lead our country.”Trump is expected to visit southeastern Wisconsin again next week, for a planned rally in Racine on Tuesday. Because he knows if he wants to be president again, he has to win there. Wild. @TheHeartlandPOD on Twitter and ThreadsCo-HostsAdam Sommer @Adam_Sommer85 (Twitter) @adam_sommer85 (Threads)Rachel Parker @msraitchetp (Threads) Sean Diller (no social)The Heartland Collective - Sign Up Today!JOIN PATREON FOR MORE - AND JOIN OUR SOCIAL NETWORK!“Change The Conversation”Outro Song: “The World Is On Fire” by American Aquarium http://www.americanaquarium.com/

Send us a Text Message.Jacob Bastian tells us all about the earned income tax credit (EITC). 

In the second hour, Isaac Evans-Frantz is joined in-studio by Dr. Julie Lowell, from the Public Assets Institute based in Montpelier. He's also joined by Stephanie Bonin of the Economic Security Project, and VermontRepresentative Janet Ancel. They discuss the Child Tax Credit and Earned Income Tax Credit.

Leo is back on the air this week with Drew as they answer questions regarding the Earned Income Tax Credit, 1031 Exchange, MD Senior Tax Credit, Medicare out of pocked cost calculations, and more! Download & enjoy! 

Here's episode 72 of Michigan's Premier Progressive Podcast! In my opening segment this week, I talk about the appalling and Islamophobic Wall Street Journal column declaring Dearborn, MI as the "America's Jihad Capital." Islamophobia within the right wing world never left, and it's putting lives in danger. I then cover some of the many new laws scheduled to go into effect in the state on February 13th, including the repeal of the anti-union "Right To Work (For Less) law, expanded voting rights, expanded LGBTQ+ rights, and an expansion of the state's Earned Income Tax Credit. Again, these laws passed thanks to progressive Democrats in the state legislature. Then, Dr. April Zeoli joins me to discuss some of the state's new gun safety laws that will also go into effect on Feb. 13th. Dr. Zeoli is the Policy Core Director for the Institute for Firearm Injury Prevention at The University of Michigan. She has spent years researching policies designed to decrease gun violence on the state-level, particularly in areas of interpersonal firearm violence. I conclude the episode by explaining how the Inflation Reduction Act, which congressional Democrats passed and President Biden signed into law in 2021, is already having a huge impact on tax cheats. Thanks to additional funding for the IRS as part of the IRA, the IRS will collect $561 billion dollars from rich tax cheaters. And of course, Republicans are trying to strip that funding away from the IRS! Don't forget to vote on the weekly LoL Twitter Poll on guns. Take the battle to them! Please, subscribe to the podcast, download each episode, and give it a good review if you can! leftoflansing@gmail.com leftoflansing.com

People struggling to make ends meet in Virginia might be about to get some help. Michael Pope explains why.

Jury says Donald Trump must pay $83.3 million in damages for defamation against columnist E. Jean Carroll, former Speaker Paul Ryan (R-WI) and JP Morgan Chase CEO Jaime Dimon on Earned Income Tax Credit and other ways to help working families, President Biden pauses LNG exports, reaction to Alabama's execution using nitrogen gas, International Court of Justice rules Israel must take steps to prevent acts of genocide in war in Gaza. Learn more about your ad choices. Visit megaphone.fm/adchoices

Qualifying families can receive free tax-preparation assistance through the United Way Tax Assistance Program, which opens Jan. 31. The program can provide free tax-filing services for individuals and families with incomes of as much as ,000 annually. It is funded by the United Way and IRS-certified tax preparers. The program aims to increase eligibility for refundable credits that can help families receive back taxes. Many people are unaware of the Earned Income Tax Credit, a federal tax credit that helps families with low and moderate incomes. The amount of the EITC depends on a person's earned income, marital status, and...Article LinkSupport the show

Anti-poverty advocates are proposing the Working Families Tax Credit to combine several existing tax credits into one cohesive credit aimed at helping struggling families. Supporters noted that the Earned Income Tax Credit and the Child Tax Credit have a harmful phase-in, which means that if you make very little money, if you're one of our poorest families, you actually get very little to nothing from those credits. Liza Schwartzwald, Director of Economic Justice and Family Empowerment at the New York Immigration Coalition. spoke with Mark Dunlea of Hudson Mohawk Magazine.

In this episode of 'Dr. Friday Tax Tips - One Minute Moment,' Dr. Friday, the head of Dr. Friday's Tax and Financial Firm, delves into the intricacies of the Earned Income Tax Credit (EITC) for the year 2023. She explains that the EITC is a refundable tax credit designed primarily for lower-income individuals, with or without children. The credit amount for 2023 ranges between $600 and $7,430, varying based on the number of children, marital status, and income level. Dr. Friday emphasizes the income-based eligibility of the EITC, highlighting that individuals with up to three children can claim this credit. For those seeking assistance with their taxes, Dr. Friday encourages contacting her firm or tuning into her live Call-In Show on Saturdays. Transcript G'day, I'm Dr. Friday, President of Dr. Friday's Tax and Financial Firm. To get more info, go to www.drfriday.com. This is a one-minute moment. Earned Income Tax Credit. What is it? It's a refundable tax credit tax breaks for lower-income individuals with or without children. In 2023, the credit ranges from $600 up to $7,430 depending on how many kids you have, your marital status, or if you have no kids. So, again, this is one of those that's truly based solely on income, and if it's low enough and you don't have children, you may qualify. If you do, you have up to three children that you can claim for the earned income credits. If you need help, all you have to do is check me on the web, drfriday.com. Need help with taxes? Call me at 615-367-0819. You can catch the Dr. Friday Call-In Show live every Saturday afternoon from 2 to 3 p.m. right here on 99.7 WTN.

The Regional Transit Authority of Southeast Michigan is considering a proposal to take over control of Detroit's QLINE. Plus, 700,000 Michigan families will receive tax rebate checks early next year thanks to a boost to the state's Earned Income Tax Credit passed by the state legislature in March. Do you have a community story we should tell? Let us know in an email at detroiteveningreport@wdet.org.

The Earned Income Tax Credit (EITC) is a refundable tax credit designed to help those with low to moderate incomes. Find out if you qualify!

The Earned Income Tax Credit (EITC) is a refundable tax credit designed to help those with low to moderate incomes. Find out if you qualify! The post Earned Income Tax Credit 2023: What It Is And How To Qualify appeared first on The College Investor.

Joining us to discuss the latest economic news, Congress' stopgap funding measure, and new research on the earned income tax credit are AAF President Douglas Holtz-Eakin and Vice President for Economic Policy Gordon Gray. Apple: podcasts.apple.com/us/podcast/the-…st/id1462191777 Spotify: open.spotify.com/show/7aWwYw3EKPmTqLQMbRGR2e

There's a new tax form on the market and it's looking for a piece of your side hustle. The new 1099-K tax form targets independent contractors who are underreporting on small transactions. Sales resulting in $600+ on online marketplaces, digital wallets, crowdfunding platforms & more now means there is one more form to deal with when navigating an already complex tax code. Between the increasing focus on undercompliance and a lower minimum reporting threshold, it certainly feels like the government is cracking down on the lowest rungs of society and allowing the uppermost echelons of society to get away with paying little to nothing thanks to a crack team of tax experts. Today host Jack Russo and CPA, Steve Rabin discuss earned income tax credits and the possibility of Silicon Valley wealth getting slapped by billionaire taxes.   Got more tax questions? Feel free to contact Steve Rabin at his website: https://www.taxservice2u.com/

Jeff and Scott discussed a new tax proposal with Natasha Sarin, an economist and lawyer at Yale Law School and Yale School of Management. Natasha, in collaboration with Kim Clausing, developed a plan aimed at increasing tax revenue. This plan  also anticipaties several tax provisions expiring in 2025.The proposal, "The Coming Fiscal Cliff: A Blueprint for Tax Reform in 2025," includes the following proposals, among others:Raising the corporate tax rate.Overhauling the current international tax system.Introducing a carbon tax.Securing permanent funding for the IRS.Implementing a financial transactions tax.Expanding the Child Tax Credit and the Earned Income Tax Credit.Overall, these measures aim to generate an additional 3.5 trillion in revenue, over the current baseline of projected revenueGet CPE for listening to Tax Chats! Free CPE courses are available approximately one week after episodes are published. Visit https://earmarkcpe.com/ to download the free app. Go to the Tax Chats channel, register for the course, take a short quiz, and earn your CPE certificate.

Segment 1: Michael Miller, Professor Emeritus, DePaul University, joins John to talk about the success of Earned Income Tax Credit programs, why household perceptions of inflation are high despite inflation coming down, and why he believes the Fed should stand pat on raising interest rates. Segment 2: Sarah Foster, Analyst, Bankrate, talks to John about new Bankrate data that […]

On this episode of Whip Count, Rep. Paul Baumbach discusses measures that would put money in the pockets of working Delawareans by increasing the standard deduction and refundable Earned Income Tax Credit.

Roughly 700,000 low-income families in Michigan that claim the earned income tax credit (EITC) could get checks in the mail later this year. Plus, Metro Detroiters march to support survivors of crime, and more. Do you have a community story we should tell? Let us know in an email at detroiteveningreport@wdet.org.

Where are our nation's most effective and committed changemakers? You may expect them to be representing us on Capitol Hill or launching start-ups in Silicon Valley but the real champions of opportunity and equity, from poverty alleviation, upending the racial wealth gap and creating a pathway to generational wealth are nonprofit leaders. On this episode of Power Station, two exceptional leaders, Mercedes Lemp of My Sister's Place and Joseph Leitmann-Santa Cruz, of Capital Area Asset Builders tell us about their organizational partnership, envisioned by Mercedes, to lift domestic violence survivors out of poverty and into a life of possibility. It starts with a monthly cash transfer, guaranteed income that provides women with the means needed to leave their abuser and build a life for themselves and their children. To deepen the effect of this initiative Mercedes reached out to Joseph whose track record in making financial education and resources accessible through CAAB, including guidance on the Earned Income Tax Credit and Child Tax Credit, has proven to be life-changing for low-income families. Mercedes and Joseph have created a model that can and should take hold nationally. Hear them tell the story here.            

Earned Income Tax Credit (the refundable portion), Supplemental Security Income (not social security!), and the Temporary Assistance for Needy Family program are all programs that provide cash to people in need. Or, sort of. Kind of. Okay, not really. The first part of our Public Health Explained mini-series about the components of our welfare system. -o-Visit our website for more detail and updates! Patreon: https://www.patreon.com/everythingispublichealth  Instagram: Everything is Public Health Email: EverythingIsPublicHealth@gmail.com   Twitter: EverythingisPH Mastodon: @everythingispublichealthPhoto credit:Photo by StellrWeb on Unsplashhttps://unsplash.com/photos/djb1whucfBY?utm_source=unsplash&utm_medium=referral&utm_content=creditShareLinkReferences: https://www.npr.org/sections/goatsandsoda/2017/08/07/541609649/how-to-fix-poverty-why-not-just-give-people-moneyhttps://www.ssa.gov/sf/FactSheets/aianssavsssifinalrev.pdfhttps://www.ssa.gov/ssi/text-eligibility-ussi.htmhttps://www.taxpolicycenter.org/briefing-book/what-earned-income-tax-credithttps://federalsafetynet.com/welfare-budget/https://en.wikipedia.org/wiki/Earned_income_tax_credithttps://www.acf.hhs.gov/ofa/programs/tanf/abouthttps://www.cbpp.org/research/family-income-support/temporary-assistance-for-needy-familiesSupport the show

Hi, I'm Bette Hochberger, CPA, CGMA. The 2023 tax season has officially begun, so I will discuss the deadlines to file your 2022 taxes today. As we are already heading into March, by now, you should have all of your W-2 and/or 1099 forms from your employers and are ready to file. For individuals, the last day to file your 2022 taxes without an extension is April 18th, 2023 (unless it is extended because of a state holiday). If you are a small business, your tax return is also due April 18th - but Multimember LLCs, S-Corporations, and partnerships must file tax returns by March 15th, 2023. Every Tax Deadline You Need to Know: April 3rd, 2023: RMD (required minimum distribution) due if you turn 72 in 2022. April 18th, 2023: Tax returns are due. Missing the tax deadline can have consequences, including penalties and interest. Deadline to file Form 4868 and request an extension. If you aren't ready to file your tax return by the return deadline, make sure you complete an extension request instead, allowing you to delay filing a completed return until October 16, 2023. Remember that even if you choose to file an extension, you are still required to pay any taxes you may owe by the April deadline. Deadline to make IRA and HSA contributions for the 2022 tax year. After this date, you generally cannot make contributions for the prior tax year. First quarter 2023 estimated tax payment due. Making estimated tax payments means estimating how much income you will likely make for the year and determining how much you will owe to the IRS for income taxes. You can use Form 1040-ES to calculate how much tax liability you'll have for the year. If you overestimated how much tax liability you'd owe for a year and are due a refund, you can choose to receive that money now or transfer it to the following year's quarterly tax payments. June 15th, 2023: Second quarter 2023 estimated tax payment due. September 15th, 2023: Third quarter 2023 estimated tax payment due. Deadline for extended partnerships and S-Corporation returns October 16th, 2023: If you filed an extension, this is the due date for filing your tax return. December 31st, 2023: RMDs (required minimum distributions) must be taken for individuals 73 or older. January 15th, 2024: Fourth quarter estimated tax payment due. If you have already filed and are expecting a refund, the IRS has stated that most refunds are issued in less than 21 days. Earned Income Tax Credit refunds will most likely be refunded even earlier when filed electronically. If you filed paper, it might take longer. Want to learn more about your refund and your filing status? Check out the “Where's My Refund” page on the IRS's website. If you are stressed about filing your taxes and are seeking help, I am always one click away. You can schedule a meeting with me through my website. As always, stay safe, and I will see you next time. --- Support this podcast: https://podcasters.spotify.com/pod/show/bettehochbergercpa/support

Just when we thought Michigan Republicans couldn't edge further into the chasm of conspiracy theory crazy, the once Grand Old Party bypasses Trump-and-Pillow-Guy endorsed Matt DePerno for party chair because he just wasn't extreme enough. Jeff offer an R-rated analysis of the current status of his former party under the dubious leadership of the Tin Foil Hat brigade. Meanwhile, the new Democratic majority in the Legislature is moving pedal-to-the-metal speed on issues near-and-dear to the hearts of their core constituency. One of them: major tax cuts. Joining the conversation is the Senate sponsor of the legislation providing nearly a billion-dollars in tax cuts for working families and retirees, Senator Kristen McDonald Rivet. Just days into her first term in the Michigan Senate, Senator McDonald Rivet is spearheading the expansion of the state's match of the federal Earned Income Tax Credit from 6 percent to 30 percent. This historic legislation will provide half a billion dollars into Michigan's local economies annually.  She brings to the Senate 30 years as an educational and economic policy strategist and executive where she worked to revitalize neighborhoods, increase youth development programs, and address institutional inequities. Prior to her election to the state Senate she served as vice president of Michigan Future, Inc., chief strategy officer for the Michigan Health Improvement Alliance, Bay City Commissioner, and president/CEO of Greater Midland, Inc. She was also a lead architect of Michigan's birth to five systems of care (Great Start) and its parent organization, the Early Childhood Investment Corporation (ECIC). McDonald Rivet has a bachelor's degree from Michigan State University and a master's degree in education and public administration from the University of Michigan-Flint. She and her husband, Joseph, are proud parents of six children and live in Bay City. =========================== This week's podcast is underwritten in part by EPIC-MRAEPIC ▪ MRA is a full service survey research firm with expertise in: • Public Opinion Surveys • Market Research Studies • Live Telephone Surveys • On-Line and Automated Surveys • Focus Group Research • Bond Proposals - Millage Campaigns • Political Campaigns & Consulting • Ballot Proposals - Issue Advocacy Research • Community - Media Relations • Issue - Image Management • Database Development & List Management =========================== Links to the stories we're following Official Podcast of Michigan Democratic Party Finley: R.I.P., Michigan GOP - Detroit News Michigan G.O.P. Installs Kristina Karamo, an Election Denier, as Leader - The New York Times How Democrats are using their new power in these two state legislature - Axios What It Looks Like When the Far Right Takes Control of Local Government - POLITICO  Michigan lawmaker survey offers glimpse on gun law changes - Detroit Free Press Gun bill would require background checks for Michigan rifle, shotgun sales - Detroit News Michigan Democrats move to tighten gun rules after MSU shootings - Bridge Michigan Democratic Governors Form Alliance on Abortion Rights - NowThis Tax deal clears Michigan Senate, but inflation checks remain in limbo - Bridge Michigan  

It's that time of year again… It's tax season, and on this episode of the Mosaic Moment PPI's Senior Policy Analyst, Nick Buffie, sits down with Mosaic alum and Associate Director of Policy at Prosperity Now, Joanna Ain to talk all things taxes. They talk about the importance of the Volunteer Income Tax Assistance program (VITA), why funding the IRS is an equity imperative, and the current state of the Child Tax Credit and the Earned Income Tax Credit. Follow Joanna Ain on Twitter: https://twitter.com/JoannaAliseAin Follow Mosaic on Twitter: https://twitter.com/MosaicPPI Follow PPI on Twitter: https://twitter.com/ppi

Get a rundown on the tax issues impacting businesses and individuals this year as compared to last year. Topics include the business interest expense limitation; research and experimental expenditures; pandemic relief program updates; business mileage rates; bonus depreciation; new corporate AMT; child tax credit and child/dependent care credit; Earned Income Tax Credit; charitable deductions; educator expense deduction; and more.  Resources:IRS Tax Practitioners Hotline: 866-860-4259New Jersey Tax Practitioners Hotline: 609-633-6657Tax Knowledge HubJoin the Federal Taxation and/or State Taxation interest groups

State Senator Omar Aquino highlights changes to the Earned Income Tax Credit for Illinois residents filing taxes this year.

Natalie Price on Twitter: @VoteNPrice Natalie Price at the Michigan House Democrats' website: HouseDems.com/Natalie-Price Erika Geiss on Twitter: @SenErikaGeiss Erika Geiss at the Michigan Senate Democrats' website: SenateDems.com/Geiss Follow the Michigan Democrats and their legislative agenda at Legislature.MI.gov Anna Gustafson at Michigan Advance: After years of misogyny, racism and threats in Lansing, progressive women are in charge Ken Coleman at Michigan Advance: Advocates make the case for an EITC hike before the State of the State address Laina Stebbins at Michigan Advance: House, Senate pass bills to boost Earned Income Tax Credit, repeal pension tax Chris Savage can be found on Twitter at @Eclectablog. MoReno Taylor II can be found on Twitter at @MI_MADE_Man. Support the pod by becoming a Patreon donor HERE! Give us a five-star review at iTunes! The GOTMFV Show Facebook page is HERE! Music clips Intro and transition music: Tell Me What I Want to Hear by Mike Wagner/Total Strangers Outro music: Complain (from the movie Bob Roberts) by David Robbins & Tim Robbins

The IRS issued a reminder to millions of Americans, urging them to apply for the Earned Income Tax Credit. This is a tax credit that last year averaged more than $2,000 per person, it's a tax credit that tens of millions of Americans are eligible for—but it's also a tax credit that about 20 percent of the people who qualify don't claim. When you run the numbers, it means that due to people not claiming this tax credit, the government gets to keep an additional $12 billion of our dollars. ⭕️ Sign up for our NEWSLETTER and stay in touch

Professor Diane Kemker of DePaul College of Law shares her argument for more coverage of the earned income tax credit in tax law casebooks to improve inclusivity. For more, read Kemker's article "'Cracking Open' the Tax Casebook: Genre, Ideological Closure, and the Earned Income Tax Credit."Follow us on Twitter:Caitlin Mullaney: @MullaneyWritesDavid Stewart: @TaxStewTax Notes: @TaxNotes**This episode is sponsored by the District of Columbia Bar Taxation Community. For more information, visit https://site.pheedloop.com/event/TaxConference2023/home/?utm_source=TaxNotes&utm_medium=Banner&utm_campaign=TaxConference&utm_id=TaxConference.This episode is sponsored by the University of California Irvine School of Law Graduate Tax Program. For more information, visit law.uci.edu/gradtax.This episode is sponsored by 360 Coverage Pros. For more information, visit 360coveragepros.com/taxnotes.***CreditsHost: David D. StewartExecutive Producers: Jasper B. Smith, Paige JonesShowrunner and Audio Engineer: Jordan ParrishGuest Relations: Alexis Hart

Not bringing in a lot of income? In part 3 of our series, “Ways to Increase Your Tax Refund You Never Thought About," we're learning about the requirements for qualifying for the Earned Income Tax Credit.

On this midweek show, Misha Werschkul of the Washington State Budget & Policy Center talks with Crystal about the opportunity this legislative session to align the laws and budget of the state with our values and provide bright futures for all Washingtonians. As legislators prepare to set the State Budget for the next two years, Crystal and Misha discuss how important issues like housing and homelessness are receiving a lot of attention in contrast with less fanfare around education, before diving into impactful cash assistance programs targeted at addressing the wealth gap such as Guaranteed Basic Income and baby bonds. They then turn to the subject of ending Legal Financial Obligations, as it is a practice of wealth taking from the least-resourced to fund our court system, and have a philosophical discussion on unpacking the question of - what does real public safety look like? Finally, they cover progress on much-needed reform of the tax code - the long-awaited launch of the Working Families Tax Credit, movement towards implementation of the capital gains tax, and the anticipated introduction of a wealth tax proposal. As always, a full text transcript of the show is available below and at officialhacksandwonks.com. Follow us on Twitter at @HacksWonks. Find the host, Crystal Fincher, on Twitter at @finchfrii, find our guest Misha Werschkul at @mishaanne and the Washington State Budget & Policy Center @budget_policy.   Misha Werschkul Misha (she/her) is a leading voice shaping the debate in Washington state on budget priorities and economic policies. She's a policy wonk at heart and a relentless believer in the importance of people joining together to make change. She has more than two decades of policy and legislative experience and is eager to build on this experience with an openness to new ideas and approaches, especially about how to bring racial equity into policymaking and organizational processes. You're most likely to find Misha working with partners to craft policy proposals and build coalitions around statewide progressive revenue, economic, and racial justice issues. She also serves on the board of directors of Balance Our Tax Code and the SEIU Benefits Group. In her spare time, Misha tries to be outside as much as possible. Some of her favorite activities are gardening in her taxpayer-supported neighborhood community garden, backpacking with friends in the publicly funded Olympic National Park, and paddleboarding in Lake Washington.   Resources Washington State Budget & Policy Center   2023 State of the State Address: Bold actions for building a stronger Washington | Washington Governor Jay Inslee   “Washington Should Tax the Rich to Save Our Public Schools” by Robert Cruickshank for The Stranger    “The U.S. Could Help Solve Its Poverty Problem with a Universal Basic Income” by Michael W. Howard for Scientific American   “How Tacoma's yearlong guaranteed income experiment fared” by Alexandra Yoon-Hendricks from The Seattle Times   HB 1045 - Creating the evergreen basic income pilot program   “To address wealth gap, WA to consider $4,000 ‘baby bonds'” by Alexandra Yoon-Hendricks from The Seattle Times   “Budget funds key first step in State Treasurer's wealth gap initiative” by Adam Johnson for Office of the State Treasurer   SB 5125 | HB 1094 - Creating the Washington future fund program   “A tragic Seattle story explains the decline of American welfare” by Shaun Scott for Crosscut    “Getting rid of legal financial obligations can protect the economic security of thousands of Washingtonians” by Evan Walker for Washington State Budget & Policy Center   “It's Time to Reform Washington's Harmful System of Fines and Fees” by Evan Walker & Andy Nicholas for Washington State Budget & Policy Center   “Beyond Policing: Investing in Offices of Neighborhood Safety" by Betsy Pearl for The Center for American Progress   “The Working Families Tax Credit will reduce hardship across Washington” by Margaret Babayan for Washington State Budget & Policy Center   Working Families Tax Credit Coalition   “In Washington State, the Left Won a Major Victory for Taxing the Rich” by Galen Herz for Jacobin   “Share the Wealth, Washington!” by Carolyn Brotherton for Economic Opportunity Institute   WA Possible - podcast about what is possible for economic justice in Washington state by Washington State Budget & Policy Center   Transcript [00:00:00] Crystal Fincher: Welcome to Hacks & Wonks. I'm Crystal Fincher, and I'm a political consultant and your host. On this show, we talk with policy wonks and political hacks to gather insight into local politics and policy in Washington state through the lens of those doing the work with behind-the-scenes perspectives on what's happening, why it's happening, and what you can do about it. Be sure to subscribe to the podcast to get the full versions of our Friday almost-live shows and our midweek show delivered to your podcast feed. If you like us, the most helpful thing you can do is leave a review wherever you listen to Hacks & Wonks. Full transcripts and resources referenced in the show are always available at officialhacksandwonks.com and in our episode notes. Today I am excited to be welcoming Misha Werschkul, who's the Executive Director of the Washington State Budget and Policy Center - welcome. [00:01:01] Misha Werschkul: So glad to be with you, Crystal. Thanks for having me. [00:01:04] Crystal Fincher: Thanks for joining us. I just want to start off by talking about - a lot of people are familiar with the Washington Budget and Policy Center, but for those who aren't, what is it? What do you do? And what brought you to this work? [00:01:14] Misha Werschkul: Thanks so much for starting with that. The first thing that I just want to share is - at the Washington State Budget and Policy Center - we're a nonprofit advocacy organization, so we're not part of State government. We actually work doing research and analysis, work in coalition with other organizations. And really, our goal is to make sure that the laws and the budget of Washington State are in alignment with the values of our state and really setting up a bright future for all Washingtonians. So we primarily work on state policy, although we do a little bit of work on local issues from time to time and federal issues. And all of our work is, as I mentioned, in coalition partnership - so we work with other organizations that do grassroots organizing and power building, communications, more political work - and really work together to try to make sure that when the Legislature comes together, as they are right now, that they're doing the things that match the values in our community. So it's really actually super fun work that allows us to bring those skills of research and analysis in what we hope to be service for social justice. A little bit about me is just - I came to this work really through a path of advocacy work. So prior to being with the Budget and Policy Center, I worked with a labor union in our state that represents home care and nursing home workers, and had a chance to be a frontline lobbyist down in Olympia trying to advance the interests of the long-term care workforce. And I saw through that work the incredible impact of the Budget and Policy Center, the power of the team here, and the importance of working on structural issues like the state budget, tax policy, economic justice - and now get the chance to work still in collaboration and partnership with organizations like the labor union that I worked with. [00:03:12] Crystal Fincher: You talk about the structural impact that can be made - and so much of that is impacted at the state level. What are you looking to have accomplished in this legislative session that just started? [00:03:24] Misha Werschkul: We always talk about the most important piece of legislation that the Legislature tackles each year is the state budget. And that is hundreds of pages of decisions - embedded in the state budget - around what are we going to spend money on, and how are we going to collect the revenue that pays for those things. And so our state has been really in a good situation with being able to receive federal dollars through all of the COVID relief that has happened over the past few years. And we've been able to do a lot - our legislators have - to be able to invest in our communities and help, really, us weather a really horrific pandemic. And this year, the Legislature is going to be putting together the budget for the next two years, so the end of 2023 through 2025. And I would say, always, that the most important thing that they can do is put together a budget that really meets the needs of communities, reflects community input, and ideally collects the revenue to pay for those investments in an equitable way. So there's millions of things within the state budget that matter to folks all across our state, and that's something that we'll be watching super carefully this legislative session - and frankly, every legislative session. [00:04:44] Crystal Fincher: What are the most important things you believe are going to be the components of the budget that will make a positive impact for the state? [00:04:52] Misha Werschkul: Some of the things that are getting a lot of attention and are going to be really important are really what is the level of investment in housing and homelessness. That's something that - I live in Seattle - that is something we're talking about a lot in Seattle, but is also really an issue all across the state - folks in rural communities, other urban areas, suburban areas - dealing with the homelessness crisis and the lack of access to affordable housing. And so this year, the governor has proposed a really big investment in housing and homelessness services - much bigger than has been talked about in previous years - and really, I think, embraced the need for a statewide solution that really matches the scale of what the crisis is that folks are experiencing. And so we're going to be watching that really carefully to see what can be done in that area. The governor is also talking about behavioral health as an important area for investment, climate change. One area we'll be paying attention to at the Budget and Policy Center is education - that is actually the biggest part of the state budget - is funding for public schools. And we know that schools all across our communities - kids need to be invested in, right? And that that is something that is going to be important this year - special education, how are we supporting teachers, what are we really doing to make sure that kids' mental health are taken care of. There's a lot more to do in that area and a lot of conversation to be had in the next 100-ish days of the legislative session. [00:06:29] Crystal Fincher: Certainly a lot of conversation to be had. And while we have heard a lot of talk, fortunately, about taking action on housing and homelessness, we haven't heard as much about education after, surprisingly, seeing so many teachers and educators bringing to the fore the crisis, basically, that we're facing in terms of funding, special education resources, and the ability to really give kids the education that will equip them for their future and that we're constitutionally obligated to give them. What are the prospects for action and what do you think is possible this legislative session? [00:07:06] Misha Werschkul: I think the Legislature is going to step up and do something for our kids. So there hasn't been as much talk about it - there are a number of different challenges that the Legislature is grappling with, a number of different things the Legislature is dealing with. But ultimately, education is the most important thing when it comes to the state budget and the paramount duty of Washington State. And so last year there was investment in counselors and other types of support professionals in the schools - that's going to be rolling out and making a difference for kids this year, but more has to be done. And I think that that is an area where we're hearing folks - really from both political parties - talk about the need to invest in education. And so I'm actually pretty hopeful about what's going to be done in that area for kids all across the state because the need is really present. And as you mentioned, the calls that teachers made at the start of the school year, folks' experience of the first few months of the school year, kids back to school in January - the needs there are very visible. And I think legislators will listen to that. [00:08:23] Crystal Fincher: Absolutely. You have also, and the Budget and Policy Center has done a lot of work and highlighted a lot of research about the importance of cash assistance policies in addressing poverty and strengthening communities. Starting with Guaranteed Basic Income, that we've heard a lot from Representative Liz Berry on - what is that? What kind of record does it have? And why is it important? [00:08:48] Misha Werschkul: I love that you're asking about this because I think this is actually one of the most important things the Legislature can and should act on this year. So the idea of Guaranteed Basic Income is really a concept that's really been brought forward by - historically by Black leaders, Black women, also by tribal governments - as a way to really recognize the inherent dignity of people and the fact that people can make the best choices with resources that can meet the needs of themselves individually, their families, and their communities. And it's really a rejection of the paternalistic approach of a lot of policy approaches where - too often - you have government agencies really making decisions on behalf of people and taking away that ability for people to make their own decisions. And so this concept of Guaranteed Basic Income has been around for a long time. There has been a dramatic emergence of local pilots of Guaranteed Basic Income programs all across the country in recent years - and huge successes of those programs. The Magnolia Mother's Trust is one of the first, the Stockton SEED [Stockton Economic Empowerment Demonstration] program - also those two pilot programs really sparked action in every part of our country, including right in Tacoma where there's been a pilot that Mayor Woodards led with United Way of Pierce County. And so we're seeing a lot of success historically and even in the last few years of really the approach of getting cash to people in a way that's not restrictive and that lets people make choices that meet their own needs and the needs of their families and communities. The opportunity this year - and what Representative Berry is talking about - is the opportunity to really move that from local pilots to state policy. And she's proposing a statewide pilot that is limited in certain ways in scope, but would be the first state in the country to really have a statewide program for Guaranteed Basic Income. And it's an opportunity to take all of the things that we know from all of the local pilots and the past work on Guaranteed Basic Income and really try it out in a new context of a state program. That bill has gotten a lot of excitement and energy, and hopefully we'll see it get all the way to the finish line this year because it really is, I think, a transformative way to think about the role of state government and a move away from what really are pretty failed paternalistic policies that we've had in the past towards - one, policies that recognize the inherent dignity and the ability of people to make choices for themselves. [00:11:52] Crystal Fincher: Another program that is really interesting and that you have talked about is the Baby Bonds savings program. What is that? [00:12:01] Misha Werschkul: Okay, so the Baby Bonds program is something that I think is complementary to Guaranteed Basic Income, and also complementary to other approaches like the Working Families Tax Credit and existing public benefits, like TANF [Temporary Assistance for Needy Families] and the Housing and Essential Needs program. So it's important to think about it as a complementary, not a replacement for any of these other programs. But the idea of Baby Bonds is really a concept that was developed by an economist, Darrick Hamilton, to think about how do we really address the issue of wealth disparities - primarily by race - that exists. And we know that little bits of money, changing people's income doesn't actually get to that core issue of how people build wealth over time and how people build wealth intergenerationally. So white folks like me, in a lot of cases, have been able to build wealth in our families that we passed down through generations. And I, for example, was able to go to college because my parents were able to help me pay for the cost of going to college. The idea of Baby Bonds is how could we really give every Washingtonian the opportunity to have that little additional seed investment to be able to invest in themselves and their future. And so the State Treasurer, Mike Pellicciotti, has championed this approach for our state. Other states are already moving forward on this, but the idea would be to create an account for every kid who's eligible - to be able to have a little bit of resources that grow over time that they could then use to invest in college, to invest in starting a business, or to invest in buying a home. And really start to move the needle on those intergenerational inequities around wealth. In and of itself, Baby Bonds isn't going to fix everything - it is a piece of the puzzle but is an important one. And it's been exciting to see bipartisan support for that proposal and a lot of energy from local communities to really think about really a proposal that isn't going to have a huge impact in 2024 or 2025, but is setting kids up for success over the long-term and giving people the access to opportunity. [00:14:31] Crystal Fincher: So this is an interesting area. So we talked about Guaranteed Basic Income, which is something that definitely has an immediate impact, Baby Bonds savings, which is a long-term impact - both of which are direct cash assistance. And we are so used to, in our society, and hearing pushback on - Well, just giving people cash, are they going to just waste it? How do we know that they're not going to spend it on different things? People are in poverty - as some people say - because they're bad at managing their money, so we can't just hand it over. We need to really prescribe how it can and can't be used. How do you battle that mindset and address those kinds of worries? [00:15:15] Misha Werschkul: I think for us at the Budget and Policy Center, it comes back to - what does the research say? And those narratives that exist are just not supported by anything that we see in the research. And so what we've seen is that programs that are out there that give people direct cash - that folks use it in ways that really do meet the needs of themselves and their communities. And I can't remember the number right now, but I feel like there's something like more than 100 local pilots that have operated around Guaranteed Basic Income in the last several years. And so we're not talking about just one example - we are talking about example after example after example. I also think it is actually really important to tackle those narratives a little bit head-on and talk about - where do those narratives come from, and why are they so compelling for some folks? And these ideas of - for example, with regards to the Temporary Assistance for Needy Families program and welfare and the dialogues over the years around that program - the kind of myth of the welfare queen - that is a created story that serves a particular purpose. It's not rooted in any sort of reality and we have to actually talk about, we have to actually name those myths that are out there, name those narratives, and call them out for what they are. Because so often it's deeply rooted in racism, deeply rooted in classism and sexism. And to be able to - our hope at the Budget and Policy Center, and other folks play different roles in this, is that by really looking at actually what does the research say and what are the facts on the ground, that that will help to begin to dismantle these narratives that have been built over time. So that's our hope at the Budget and Policy Center - is showing the success of the local pilots, showing what works, and really building some different narratives out there that actually are more rooted in reality. [00:17:42] Crystal Fincher: So another thing that you've talked about that is really important is the impact of Legal Financial Obligations on poverty and people's ability to get out of poverty. What are Legal Financial Obligations and what can the Legislature do about it? [00:17:57] Misha Werschkul: This is such an important area that hasn't been actually talked about as much when it comes to the upcoming legislative session, so I'm really glad you're asking about it, Crystal. So Legal Financial Obligations are essentially fines and fees that are put on folks based on their interactions with the criminal legal system. And it is one of the primary ways that we actually currently fund our court system. It is probably obvious, as I'm saying this, how inequitable this system is and how ineffective it is, but I'll just elaborate just a little bit. So basically what happens is that folks who are interacting with the criminal legal system - through those interactions - are building up debt over time that oftentimes folks don't have the ability to pay, so that - and there's an expectation that folks will pay those debts in the future. Most of the time, as I said, folks don't have the ability to pay - the money can't be collected. And so really what you have is a situation where folks are shouldering this debt that carries with them after their interaction with the criminal legal system. And the courts don't get the resources that they need to actually fund their operations. So it's a super ineffective way to fund operations - based on trying to collect money from people who, for the most part, really don't have any money to pay those fines and fees. Our goal at the Budget and Policy Center, and in coalition with a lot of other organizations, is to really end the practice of Legal Financial Obligations. There are infinite number of better ways to fund our court systems than through the collection of fines and fees. So the goal - the big goal - is to actually end the practice of Legal Financial Obligations as a whole. Not surprisingly, that's not something that's likely to happen in one legislative session. We do have legislative champions who are working towards incremental changes to Legal Financial Obligations, a greater recognition of ability to pay in terms of how fees are assessed and collected - and there we hope to see some progress this legislative session. But in the work around trying to end poverty, people talk about not just the importance of giving people money to be able to afford their basic needs, but actually stopping the practice of wealth taking, which is basically what Legal Financial Obligations are - is another way that any resources that people have are taken from them and that folks are in a system of indebtedness based on an interaction that is already deeply racialized with the criminal legal system. So Representative Tarra Simmons is really leading a lot of that work in the Legislature, groups like Civil Survival and Living with Conviction - want to lift up their work. And I also will just, as I'm answering this question, take this opportunity to say I am so appreciative to be able to be here and share this information with you, and I'm also doing that work on behalf of an amazing team of folks at the Budget and Policy Center - so Evan Walker is the person on our team who leads the work on Legal Financial Obligations, Emily Vyhnanek and Tracy Yeung lead the work on direct cash assistance, and other folks are leading other pieces of the work. So I just want to take the opportunity to celebrate their deeper work in each of these areas and how they engage with our coalition partners, even though I'm the one here sharing it with you. [00:21:49] Crystal Fincher: And I really appreciate that, and appreciate the work of your entire team - and the work over years that you've been doing - this is not work that you or the Budget and Policy Center is new to. It's really been just a long-term labor, and so really appreciate that. And also just appreciate the importance in you working on issues like Guaranteed Basic Income, Legal Financial Obligations - because we're so used to hearing sometimes in common discourse - things like, If you do the crime, then you do the time. If you don't want something, you should follow the law. Now you got to pay up. And viewing it as we need to hold people accountable and really focusing on a lot of the punitive and punishment aspects of these things, when really we're all losing as a result of those - trying to implement these punitive policies are creating worse outcomes for everyone in every way. When you look at the percentage of our budgets going towards supporting the court systems and jails, clearly fines are not cutting it. And also we say that we want a safe community. We say that we want people to be able to make a mistake, to do their time, fulfill their obligation, and then become a productive member of society - we commonly hear. But we do things that really impair their ability to do that and trap them in cycles of criminalization and poverty - and it just is counterproductive and we wind up paying for it as a community. How do you address people who focus on the punitive aspects - and really wanting to hold people accountable or punish people - and not realizing the other impacts that come from that? [00:23:40] Misha Werschkul: I think that's such a big question and I don't know if I have the full answer to it. I will say I was listening to the governor's State of the State address, and he said some things that I really agreed with and then some things that I didn't agree with as much. But one thing he said that I thought was interesting was - he talked about public safety, which we know is a term that means certain things to, and maybe different things, to different people. And he talked about how we actually need to unpack what public safety is and recognize that there's a lot of different aspects of that. And then he actually talked about the work around gun responsibility as an aspect of public safety. And it got me thinking about - just these terms and how they're code, in a lot of ways, for certain things - like public safety is code for policing. And how can we actually really talk about public safety for all of us? And what does it actually look like for all of us to be safe in our communities? And policing - heavy policing - is clearly not providing safety for all of us. In fact, I don't think it's really providing safety for any of us. And if we can think about - what is that aspiration around safety and what does that value for us in our lives and for our families and communities? How do we actually build that together? And a lot of times that does mean a lot of different things - it actually means people having the resources to be able to afford their basic needs so that they can put food on the table, it means that people have shelter - that people are not homeless. It means talking about gun responsibility. And I think a lot of times we fall into, again, these sort of narrative traps of - Oh, yeah, like crime - punish - yeah, if you do the crime, you have to do the time. And sort of believe in a way that that is going to make us safer. And actually I don't know that - it doesn't. And so I think just - I don't know, I think we just have to have those conversations in a real way - because, as a white person, a white woman, doing this work, I did believe for a long time that having a police presence was a way that my safety was - was about my safety. But actually, as I unpack that - it's not true, even for me as the model person that the police are here, supposed to protect. And I think we have to just actually talk about that a little bit more and actually have a higher aspiration for safety for all of us, because sometimes it's like walking around certain parts of maybe cities with a heavy police presence might make someone feel - it might make someone feel a little bit safe in the immediate term, but I actually hope for something a lot more. I hope that we can get to a place where - I don't know - safety, just - it's not actually true safety. And so I'm just trying to get at - what is that higher aspiration of safety that we could be striving towards and building towards, and not feeling like our only definition of safety is having armed police officers walking around - to what - shoot someone if something happens? That actually doesn't make me feel super safe - to think about people wielding guns on the streets shooting people to protect me. And so I think that's just something we need to be talking about and grappling with. But I do think - I really appreciated Governor Inslee starting to peel open that conversation a little bit. Now, he then did go on - I want to acknowledge - to talk about the importance, I think he did go on to talk about the importance of investing in policing as well. So he still has that as part of his solution. But I think at least he was starting to unpack - what does public safety look like and maybe open up a different conversation. [00:28:34] Crystal Fincher: Yeah, I appreciate your thoughts on that. And unpacking what public safety looks like, unpacking what accountability looks like, and really trying to reduce harm all the way around. We don't want people to be victimized. We don't want people to be trapped in cycles that create and produce harm. What does accountability look like if it's not our court system and jails, which are not doing an effective job. What does public safety look like if it's not only police officers who, I think everyone agrees, can't do the job alone. If not, other models being more successful and effective. The final thing I want to talk about and cover today is what our tax code looks like. It is so foundational to everything in society. It is underneath, it impacts the revenue that we collect that enables every public service to be possible, which public services are possible, and to what degree. There's been lots of talk about how regressive our system has been, how much needs reform. Where do we stand on that? What needs to happen? And what's possible this legislative session? [00:29:56] Misha Werschkul: My favorite topic, Crystal - at the Budget and Policy Center, we love talking about taxes. And the reason is because it is super important how we collect revenue as a state and local government. And there are a lot of policy choices embedded in - a lot of values embedded in how we collect revenue. So I think probably most of your listeners know that Washington State has the most inequitable tax code in the country, meaning those with the lowest incomes pay the highest percentage of their income in state and local taxes. And in fact, we're way out of sync with most other states on this. So low income people in Washington State are paying basically double someone with a similar income in Oregon, simply because of the structure of our tax code. This is obviously a pretty bad deal for most Washingtonians. It's a super good deal for the wealthiest Washingtonians who are paying a minute share of their income in state and local taxes. And this is a big problem. This is not something that there's a quick and easy fix for, but there is some really exciting stuff happening. So in 2021, the Legislature took two big actions to start to make progress to reform our state tax code. One is they passed a capital gains tax to fund early learning investments in education. The other is they passed a Working Families Tax Credit set up to benefit 420,000 households in Washington State with direct cash sales tax refunds. Both of these policies are happening. So the Working Families Tax Credit launches February 1st. I'm so nerdy excited about this - it's not even funny. But starting very soon, people - 420,000 households - will be able to apply to be able to get a refund check of up to $1,200 in our state. We have been talking about this for so long, it feels like - and the day is finally almost here where this is happening. It is a step in the right direction of balancing our tax code in and of itself. It's not enough. It needs to be expanded. We'll be working this legislative session to try to expand eligibility to younger adults, so folks who are 18-24 and actually older adults as well - 65+ - who aren't currently eligible for the Working Families Tax Credit - to basically bring them in and allow them to be eligible. There's a great website called wataxcredit.org, I think - I hope it's org now - that has a ton of information about this. And I want to just share that out so folks know to spread the word because folks do need to actually proactively apply. One way to think about it is - really anybody who's eligible for the Earned Income Tax Credit is going to be eligible for the Washington Working Families Tax Credit too. Plus anyone who files their taxes with an ITIN number who is being excluded right now from the EITC will be eligible for the Working Families Tax Credit. So I'm super excited. It's happening soon. There's going to be action in the Legislature on this, but more importantly, the policy is happening. Folks can get the money if they take the step to apply with Department of Revenue. Capital gains tax is being challenged, not surprisingly, by wealthy individuals who would pay the tax. They're trying to get the court to basically intervene and rule that the tax is unconstitutional. The State Supreme Court is hearing that case on January 26th and this is a wonky legal issue that needs to get sorted out before the tax can be fully implemented. And I could go on and on about the legal part of it, but I will stop because you actually asked about also what's happening this legislative session. And I will just pitch the efforts that some of our partners, especially Economic Opportunity Institute and Balance Our Tax Code, are leading with regards to a wealth tax and really thinking about big solutions that make a real difference in making our tax code more equitable. We have to get to the root of it, which is wealth. And so it's exciting to see this proposal coming forward this session that Representative Noel Frame has been a huge leader in. [00:35:01] Crystal Fincher: Absolutely and appreciate that. We will include the wataxcredit.org link in our episode notes to make it convenient for people to visit. And also thanks for mentioning your partners - we did have a conversation with Summer Stinson of the Economic Opportunity Institute, and she did talk a lot about that court case and how important it is to have a capital gains tax, what it really means, how few people it actually impacts - it is the wealthiest portion of the wealthy - and we'll see how this court case turns out. I really do appreciate you joining us today. If people want to learn more about the organization, where can they visit? [00:35:51] Misha Werschkul: Our website is www.budgetandpolicy.org so you can check us out on the website. We're also on social media - I'll share those links with you for the show notes hopefully. And I also will share - April Dickinson on our team has led the effort just to launch a new podcast called WA Possible that we hope is a great complement to Hacks & Wonks and a bit of a deeper dive into some of what could be possible when it comes to economic justice in Washington state. There's a great episode there talking about the Black Women Best framework that some national partners launched and some of the policies we talked about today, so just would share that as well. [00:36:37] Crystal Fincher: Thank you so much, and April Dickinson is awesome. Thank you for all the work. Thank you for joining us today and we'll talk to you all next time. [00:36:44] Misha Werschkul: Thank you so much Crystal - appreciate you. [00:36:46] Crystal Fincher: Thank you for listening to Hacks & Wonks, which is co-produced by Shannon Cheng and Bryce Cannatelli. You can follow Hacks & Wonks on Twitter @HacksWonks. You can catch Hacks & Wonks on iTunes, Spotify, or wherever you get your podcasts - just type "Hacks and Wonks" into the search bar. Be sure to subscribe to the podcast to get the full versions of our Friday almost-live shows and our midweek show delivered to your podcast feed. If you like us, leave a review wherever you listen. You can also get a full transcript of this episode and links to the resources referenced in the show at officialhacksandwonks.com and in the episode notes. Thanks for tuning in - talk to you next time.

We're helping you take advantage of a refundable tax credit. Don't miss out on more than $6,000 through the Earned Income Tax Credit as part of our series, “The 10 Most Overlooked Tax Deductions.”.

Friends,Much of today's Republican Party is treacherous and treasonous. So why are Democrats facing midterm elections that, according to most political observers, they're likely to lose? Having been a loyal Democrat for some seventy years (my father liked Ike but my mother and I were for Adlai), including a stint as a cabinet secretary, it pains me to say this, but the Democratic Party has lost its way. How? Some commentators think Democrats have moved too far to the left — too far from the so-called “center.” This is utter rubbish. Where's the center between democracy and authoritarianism and why would Democrats want to be there? Others think Biden hasn't been sufficiently angry or outraged. Please. What good would that do? And after four years of Trump, why would anyone want more anger and outrage?The biggest failure of the Democratic Party — a disease that threatens the very life of the party — has been its loss of the American working class. As Democratic pollster Stanley Greenberg concluded after the 2016 election, “Democrats don't have a ‘white working-class' problem. They have a ‘working class problem' which progressives have been reluctant to address honestly or boldly. The fact is that Democrats have lost support with all working-class voters across the electorate.”The working class used to be the bedrock of the Democratic Party. What happened? Before Trump's election, Democrats had occupied the White House for 16 of 24 years. Democrats controlled both houses of Congress during the first two years of the Clinton, Obama, and Biden administrations. During those years, Democrats scored some important victories for working families: the Affordable Care Act, an expanded Earned Income Tax Credit, and the Family and Medical Leave Act, for example. I take pride in being part of a Democratic administration during that time. But I'd be lying to you if I didn't also share my anger and frustration from those years — battles inside the White House with Wall Street Democrats and battles with corporate Democrats in Congress, all refusing to do more for the working class, all failing to see (or quietly encouraging) the rise of authoritarianism if the middle class continued to shrink. (I offer the following video clip not in the spirit of “I told you so” but as a way of sharing my frustrations and fears at the time.)The tragic reality is that even when they've been in charge, Democrats have not altered the vicious cycle that has shifted wealth and power to the top, rigging the economy for the affluent and undermining the working class. Clinton used his political capital to pass free trade agreements, without providing millions of blue-collar workers who consequently lost their jobs the means of getting new ones that paid at least as well. His North American Free Trade Agreement and plan for China to join the World Trade Organization undermined the wages and economic security of manufacturing workers across America, hollowing out vast swaths of the Rust Belt. Clinton also deregulated Wall Street. This indirectly led to the financial crisis of 2008 — in which Obama bailed out the biggest banks and bankers but did nothing for homeowners, many of whom owed more on their homes than their homes were worth. Obama didn't demand as a condition for being bailed out that the banks refrain from foreclosing on underwater homeowners. Nor did Obama demand an overhaul of the banking system. Instead, he allowed Wall Street to water down attempts at re-regulation. Both Clinton and Obama stood by as corporations hammered trade unions, the backbone of the working class. They failed to reform labor laws to allow workers to form unions with a simple up-or-down majority vote, or even to impose meaningful penalties on companies that violated labor protections. Biden has supported labor law reform but hasn't fought for it, leaving the Protecting the Right to Organize (PRO) Act to die inside the ill-fated Build Back Better Act. At the same time, Clinton and Obama allowed antitrust enforcement to ossify, enabling large corporations to grow far larger and major industries to become more concentrated. Biden is trying to revive antitrust enforcement but hasn't made it a centerpiece of his administration. Both Clinton and Obama depended on big money from corporations and the wealthy. Both turned their backs on campaign finance reform. In 2008, Obama was the first presidential nominee since Richard Nixon to reject public financing in his primary and general election campaigns, and he never followed up on his re-election promise to pursue a constitutional amendment to overturn Citizens United vs FEC, the 2010 Supreme Court opinion opening the floodgates to big money in politics. Throughout these years, Democrats drank from the same campaign funding trough as the Republicans – big corporations, Wall Street, and the very wealthy. “Business has to deal with us whether they like it or not, because we're the majority,” crowed Democratic representative Tony Coelho, head of the Democratic Congressional Campaign Committee in the 1980s when Democrats assumed they'd continue to run the House for years. Coelho's Democrats soon achieved a rough parity with Republicans in contributions from corporate and Wall Street campaign coffers, but the deal proved a Faustian bargain. Democrats became financially dependent on big corporations and the Street.By the 2016 election, the richest 100th of 1 percent of Americans – 24,949 extraordinarily wealthy people – accounted for a record-breaking 40 percent of all campaign contributions. That same year, corporations flooded the presidential, Senate and House elections with $3.4 billion in donations. Labor unions no longer provided any countervailing power, contributing only $213 million – one union dollar for every 16 corporate dollars. **Joe Biden has tried to regain the trust of the working class, but Democratic lawmakers (most obviously and conspicuously, Senators Joe Manchin and Kyrsten Sinema) have blocked measures that would have lowered the costs of childcare, eldercare, prescription drugs, healthcare, and education. They've blocked raising the minimum wage and paid family leave. They've blocked labor law reforms. Yet neither Manchin nor Sinema nor any other Democrat who has failed to support Biden's agenda has suffered any consequences. Why does Manchin still hold leadership positions in the Senate? Why is Manchin's West Virginia benefitting from the discretionary funds doled out by the administration? Why hasn't Biden done more to rally the working class and build a coalition to grab back power from the emerging oligarchy? Presumably for the same reasons Clinton and Obama didn't: The Democratic Party still prioritizes the votes of the “suburban swing voter” – so-called “soccer moms” in the 1990s and affluent politically independent professionals in the 2000s – who supposedly determine electoral outcomes. And, as noted, the party depends on big money for its campaigns. Hence, it has turned it back on the working class. The most powerful force in American politics today is anti-establishment fury at a rigged system. There is no longer a left or right. There is no longer a moderate “center.” The real choice is either Republican authoritarian populism (see here, here, and here) or Democratic progressive populism. Democrats cannot defeat authoritarian populism without an agenda of radical democratic reform — an anti-establishment movement. Democrats must stand squarely on the side of democracy against oligarchy. They must form a unified coalition of people of all races, genders, and classes to unrig the system. Trumpism is not the cause of our divided nation. It is the symptom of a rigged system that was already dividing us. Please consider a paid or gift subscription to help sustain this work. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit robertreich.substack.com/subscribe

In this episode, I speak with Gavin Nachbar, Co-founder of Column Tax, a company whose mission is to democratize access to tax and finance advice to improve people's lives. We discuss the insane complexies of the US tax system, how individuals can take advantage of the Earned Income Tax Credit, and how Column Tax is allowing fintech companies to offer tax products, including withholdings and filings, for their customers.

In this episode, we outline the history of the EITC, recent proposals to modify and expand the credit, and evidence on its effectiveness.

The tax filing deadline is fast approaching, and there is a benefit that's new to the 2.8 million adults over age 65. It's the Earned Income Tax Credit, or EITC. Those who quality could receive up to $1,500 on their federal return when they file their taxes. This week, we discuss everything you need to know about the benefit with Jackie Lynn Coleman, a director at AARP Foundation who helps lead the team on expanding access to tax benefits for older adults who are living on low income.

Scott and Jeff discuss tax justice with Amy Hanauer, Executive Director of Citizens for Tax Justice and its sister organization, ITEP (Institute on Taxation and Economic Policy). We ask Amy what a fair tax system would look like. We discuss problems with the current tax system. We touch on methods the government uses to redistribute income, like the earned income tax credit and the child tax credit. We briefly discuss corporate taxes, and Amy shares her view that corporations do not pay enough taxes. 

Guests: Jack Lombardi, Leading Tech Entrepreneur and Republican Candidate for Illinois' 14th Congressional District, On to discuss his assertion that "big tech" is not doing enough to stop Russian disinformation campaigns. Katie Vliestra Wonnenberg, Board member of Public Private Strategies Institute, On to discuss what small businesses and their employees need to know about the Earned Income Tax Credit. And ... Your thoughts on the latest in the news. See omnystudio.com/listener for privacy information.