Podcasts about earned income tax credits

We'll talk to state Assembly Rep. Mike Bare (D-Verona) about Democrats offering alternatives to the Republican tax cuts for the very rich—expand the Homestead and the Earned Income Tax Credits so that working middle class families benefit from the state's record budget surplus.Guests: Mark Jacob, Dan Schumacher, Mike Bare

Low-income individuals and families in Philadelphia qualify for thousands of dollars through Earned Income Tax Credits, Child Tax Credits and more and many don't know it. The Campaign for Working Families, Inc. (CWF) is a volunteer-focused non-profit, based in Philadelphia, helping working, low-income and underserved families and individuals to achieve economic empowerment by providing free tax preparation, resource building and asset development. I speak to CFW's CEO and President Dr. Nikia Owens about these free services as well as how they connect people with assistance for food, housing, utilities, money, education and healthcare.www.cwfphilly.org215-454-6483A Clean City is a safer city - I speak to Streets Commissioner Carlton Williams about the upcoming citywide Spring Cleanup.https://www.phillyspringcleanup.com/First, we continue our interviews with Mayoral Candidates. I speak with Judge James DeLeon.https://www.deleonformayor.info/

Low-income individuals and families in Philadelphia qualify for thousands of dollars through Earned Income Tax Credits, Child Tax Credits and more and many don't know it. The Campaign for Working Families, Inc. (CWF) is a volunteer-focused non-profit, based in Philadelphia, helping working low-income and underserved families and individuals to achieve economic empowerment by providing free tax preparation, resource building and asset development. I speak to CFW's CEO and President Dr. Nikia Owens about these free services as well as how they connect people with assistance for food, housing, utilities, money, education and healthcare.www.cwfphilly.org215-454-6483No doubt you've heard about "Catfishing" - when someone sets up a fake online profile to trick people who are looking for love, usually to get money out of them. What are the signs you're being catfished. I speak with David McClellan – the founder of Social Catfish - a reverse name search allows you to find social accounts a person might have under their names. Which is great for people who think they might be catfished, people who want to avoid getting scammed or just connect with loved ones and lost connections. https://socialcatfish.com/ .

Jean Bowen and Tim Kramer from the VITA Program are our guests this week! Jean and Tim teach us all about the IRS's Volunteer Income Tax Assistance program and how people can take advantage of the free basic tax return preparation to qualified individuals. We learn about Earned Income Tax Credits, Child Tax Credit, and changes for 2022.Tim shares with us about their volunteers and how you can become one. They give all of the training and tools for you to help assist those filing their taxes. For more information on VITA: https://ccrinfo.org/To schedule and go through the process for VITA: 724-431-3767To learn more about the United Way's My Free Taxes website or to file: https://myfreetaxes.com/

In Today's Podcast: 1) The Biden Administration Corporate Tax Proposal and History of the Corporate Tax Rate 2) More on the $10,200 Exemption for Unemployment Benefits. Some states don't conform. 3) May 17th just for individuals and NOT for the 2021 1st Quarterly Estimated Tax payment. 4) People have been getting letters asking for a completed Form 15111 from the IRS to prove Earned Income Tax Credits. The form was not included in the letter. It was not on the IRS website. That seems to have been fixed as I found it. Credit to Tax Mama in L.A. on Twitter https://www.irs.gov/pub/irs-pdf/f15111.pdf 5) FTB Form 3853 on California Health Insurance Penalty. The instructions are 18 pages!!! Shame, Shame, Shame!!! https://drive.google.com/file/d/1OyVFSB3LgCK_vNBnVnSeghjwdD0cVTSn/view?usp=sharing Greenstein Rogoff Olsen & Co rcohen@groco.com 510-797-8661 www.groco.com Details: 1) Tax revenue by source history “The first federal income tax was enacted in 1861, and expired in 1872, amid constitutional challenges. The constitution did not allow the taxation of income. George Washington was very clear that income should not be taxed A corporate income tax was enacted in 1894, but a key aspect of it was shortly held unconstitutional. In 1909, Congress enacted an excise tax on corporations based on income. After ratification of the Sixteenth amendment to the U.S. Constitution, this became the corporate provisions of the federal income tax.[13] Amendments to various provisions affecting corporations have been in most or all revenue acts since. Corporate tax provisions are incorporated in Title 26 of the United States Code, known as the Internal Revenue Code. In 2010, corporate tax revenue constituted about 9% of all federal revenues or 1.3% of GDP.[15] The corporate income tax raised $230.2 billion in fiscal 2019 which accounted for 6.6 percent of total federal revenue and had seen a change from 9 percent in 2017. [16] President Reagan and others: The corporate tax is not borne by the corporation. It is passed-on in the form of higher prices to consumers and/or to shareholders in the form of lower dividends. It is a dead drag on the economy. Others say: Corporations have so much power and influence over the political system and technology that they are entities on to themselves, in some cases more powerful than governments. They have to be taxed. You decide! Plus, it is not that simple…if you have a high rate, but allow a lot of deductions and special exemptions and subsidies for foreign activity, the effective cash rate of taxes is lower. What is the TAX BASE the rate is applied to??? In all things, WHAT IS THE COMPARABLE??? China's rate (before how they compute the tax base the rate is applied to) is 25%. Average Africa: 27.46% Average Asia: 21.55% Average EU: 20.271% Average Europe: 18.98% Mexico: 30% with lots of deductions and exclusions and inflation adjustments. When your tax rate is higher than others, business is sucked right out of your country. That's a fact! Just as Ross Perot said in the 1990's: https://www.youtube.com/watch?v=xQ7kn2-GEmM California Corporate Tax Rate is 8.84% AND has World Wide unitary rules….it got so bad, we went to a Single Sales Factor and a Waters' Edge Election….that's a whole different podcast day. 28%, if enacted, is still way lower than 35%, but not as good as the 21% current flat rate. I've sat in the Board Room meetings. NOTHING impacts economic growth like a lower tax rate. Some disagree. 2) More on Unemployment Benefits: 13 States are not conforming to the Federal exemption of $10,200 of Unemployment Benefits: https://www.cnbc.com/2021/03/30/10200-unemployment-tax-break-american-rescue-plan-states-giving-the-exclusion.html Thankfully, California has always 100% exempted Unemployment benefits from taxation. ID, CO, MN, KY, MS, GA, SC, NC, WV NY and Maryland tax them. Yikes!

0:08 – A video went viral Tuesday of Kentucky voters pounding on the door of a polling place, demanding to be allowed to vote, after the entire city of Louisville, 600,000 people, was allocated just a single voting location. If the primaries are a mess for voting rights, what will happen in November? Ari Berman is senior reporter for Mother Jones covering voting rights and the author of Give Us the Ballot: The Modern Struggle for Voting Rights in America. 0:34 – What policies should states implement to formulate an antiracist Covid-19 policy response? We speak to Cortney Sanders, a policy analyst with the Center on Budget and Policy Priorities, about the new report she co-authored on three principles of equitable policy in response to Covid-19. These interventions would include state-funded rental assistance, expanding paid leave policies for workers, reforming criminal and legal fines and fees, expanding Earned Income Tax Credits and reforming tax policy — which is not race neutral, Sanders notes.  1:08 – The LA County Sheriff's Department shot and killed 18-year-old Andres Guardado last Thursday in Gardena, CA. The sheriff's department doesn't wear body cameras, and it has blocked results of the autopsy from being released to the public. The teenager's family is demanding answers, and justice. Melina Abdullah (@DocMellyMel), chair of Pan-African Studies at Cal State-LA and co-founder of the LA chapter of Black Lives Matter, joins us. 1:18 – Scores of Oakland residents called into a city council meeting Tuesday night demanding that the city defund the police. Ultimately, five city council members, Lynette Gibson McElhaney, Larry Reid, Loren Taylor, Noel Gallo and Rebecca Kaplan, forced a vote on a budget amendment for the city that was hidden from the public and contained negligible cuts to the police, over the objections of councilmember Nikki Fortunato Bas and community members. Bas had proposed a substantial cut of $25 million from the Oakland Police Department, a 10 percent cut. The public expected the vote would take place one week later, on June 30th, and responded in outrage, vowing in public comment to unseat the five members of city council who rammed through the amendment vote. We air a report from Chris Lee (@chrislee_xyz) and speak with liz suk, political director of Oakland Rising. 1:34 – Across California, anti-racist movements are toppling statues of racist, anti-indigenous and anti-black figures in history, including Catholic saint Junipero Serra. We discuss the dangerous “fairy-tale myth” of California missions and Serra's murderous history with Deborah Miranda. Miranda is an enrolled member of the Ohlone-Costanoan Esselen Nation of the Greater Monterey Bay Area, and is also of Santa Ynez Chumash heritage. She's the author of four poetry collections and the book Bad Indians: A Tribal Memoir and a professor of English at Washington and Lee University. The post Family demands justice for L.A. teen Andres Guardado; Ari Berman warns Covid-19 is being used to suppress the vote; Reflecting on Junipero Serra's genocidal history as his statues fall appeared first on KPFA.

  Joseph N. Sanberg believes that everyone who works – and everyone who wants to but can't – should be able to afford life's basic needs and live with financial security. He founded the Golden State Opportunity Foundation to expand financial security to the millions of Californians who work hard yet experience constant financial stress. Joe has been the leading advocate for the state's new Earned Income Tax Credit (EITC) for low-income families. Joe not only lobbied California to pass the credit, but in 2015 when the state didn't allocate enough money for outreach, Joe created CalEITC4Me. This community organizing program has connected working California families with $2 billion of state and federal Earned Income Tax Credits. This spring, CalEITC4Me led a grassroots organizing campaign that won a massive expansion of California's EITC so that next year, 3x more working families – 1.7 million in total – will be able to earn the CalEITC. Please enjoy our conversation with Joseph Sanberg.

UC Berkeley professors Hilary Hoynes and Rucker Johnson dispel myths about the ineffectiveness of investment into Head Start, public schools, food assistance, and other social programs in this conversation with Henry E. Brady, Dean of the Goldman School of Public Policy at UC Berkeley. Series: "Richard and Rhoda Goldman School of Public Policy at UC Berkeley" [Public Affairs] [Education] [Show ID: 30781]

UC Berkeley professors Hilary Hoynes and Rucker Johnson dispel myths about the ineffectiveness of investment into Head Start, public schools, food assistance, and other social programs in this conversation with Henry E. Brady, Dean of the Goldman School of Public Policy at UC Berkeley. Series: "Richard and Rhoda Goldman School of Public Policy at UC Berkeley" [Public Affairs] [Education] [Show ID: 30781]

UC Berkeley professors Hilary Hoynes and Rucker Johnson dispel myths about the ineffectiveness of investment into Head Start, public schools, food assistance, and other social programs in this conversation with Henry E. Brady, Dean of the Goldman School of Public Policy at UC Berkeley. Series: "Richard and Rhoda Goldman School of Public Policy at UC Berkeley" [Public Affairs] [Education] [Show ID: 30781]

UC Berkeley professors Hilary Hoynes and Rucker Johnson dispel myths about the ineffectiveness of investment into Head Start, public schools, food assistance, and other social programs in this conversation with Henry E. Brady, Dean of the Goldman School of Public Policy at UC Berkeley. Series: "Richard and Rhoda Goldman School of Public Policy at UC Berkeley" [Public Affairs] [Education] [Show ID: 30781]