New Posts

Feb 8, 2016

Top 400 Taxpayers See Tax Rates Rise, But There’s More to the Story

As Americans were gathering party supplies to greet the New Year, the Internal Revenue Service released their annual report of cumulative tax data reported on the 400 tax r...

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Feb 4, 2016

Chlorine Bleach Plants Needlessly Endanger 63 Million Americans

Chlorine bleach plants across the U.S. put millions of Americans in danger of a chlorine gas release, a substance so toxic it has been used as a chemical weapon. Greenpeace’s new repo...

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Jan 25, 2016

U.S. Industrial Facilities Reported Fewer Toxic Releases in 2014

The Toxics Release Inventory (TRI) data for 2014 is now available. The good news: total toxic releases by reporting facilities decreased by nearly six percent from 2013 levels. Howe...

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Jan 22, 2016

Methane Causes Climate Change. Here's How the President Plans to Cut Emissions by 40-45 Percent.

  UPDATE (Jan. 22, 2016): Today, the Bureau of Land Management (BLM) released its proposed rule to reduce methane emissions...

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Buffett Rule Targets Capital Gains

On April 16, the Senate voted on a bill that would have enshrined the “Buffett Rule” in the tax code, which would have ensured that millionaires and billionaires pay their fair share of taxes. With the bill’s defeat, Congress should consider other options to increase tax fairness.

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Congressional Progressive Caucus and Ryan Revenue Proposals: Two Sides of the Budget Coin

The fiscal year (FY) 2013 budgets proposed by the House Congressional Progressive Caucus (CPC) and Rep. Paul Ryan (R-WI), Chair of the House Budget Committee, are perfect examples of the fact that budgets are about choices. The revenue proposals in each serve as a study of opposites. Where the Ryan budget would double down on the Bush tax cuts and provide huge windfalls to the country’s wealthiest, the CPC’s proposal – The Budget for All – would ask those with the most wealth to help fund important investments in our public structures.

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Cutting Oil and Gas Tax Subsidies a Small but Responsible Step

There are few subsidies more polarizing than those for oil and gas drilling. Increasingly, however, the public tide seems to be turning against the subsidies. The president has been targeting them for repeal, and last week, the Senate came just a few votes shy of ending a slew of tax subsidies for oil and gas companies. While the subsidies are small compared to the forecasted $10.7 trillion 10-year deficit, ending the give-away to oil and gas companies that currently enjoy record-setting profits is a popular and fiscally responsible choice.

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Product Safety Regulator May Lack Resources to Implement New Mandates, Safeguards

Although the nation's premier consumer product regulator, the Consumer Product Safety Commission (CPSC), has been crippled by budget cuts and staffing losses in the past, it has seen increases in its resources and responsibilities since 2008. However, advocates argue that a much larger influx is required to ensure that the CPSC has the resources it needs to protect Americans and eliminate dangerous products from the marketplace.

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Paul Ryan's Revenue Reforms Slash Taxes on the Rich

Yesterday, Rep. Paul Ryan (R-WI) released his latest budget proposal, called "The Path to Prosperity," which serves as an update to his plan from last year. The proposal, which is the draft of the fiscal year (FY) 2013 House budget resolution, is supposed to be a fiscal framework for the House for the coming year. However, the congressman's tax plan is not a serious proposal for change.

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House FY 2013 Budget: Another Nail in the Budget Control Act Coffin

Leading up to the release of Rep. Paul Ryan’s (R-WI) fiscal year (FY) 2013 budget resolution proposal, the question has not been whether House Republicans will adhere to the federal spending agreement reached in last year’s debt ceiling deal (they will not), but how far below the previously agreed-upon figures they will go. The House GOP’s abandonment of this agreement is yet another example of actions taken to undermine not only the spirit but also the letter of last summer’s deal.

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Budget 101: The Differences between the President's Budget and a Budget Resolution

Today, the House released its budget resolution, a document laying out that chamber's budget priorities for the coming fiscal year. The budget resolution is often compared to another document, the president's budget, which is usually released a few weeks earlier. But these two documents are very different in both content and purpose. The budget resolution creates a budgetary framework for Congress, while the president's budget is more of a strategic planning document for federal agencies. These differences make it difficult to compare and contrast the documents' competing policies.

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House Appropriators Begin Debating FY 2013 Funding Levels for Federal Agencies

Currently, federal officials are being called to explain how the president's FY 2013 budget request would impact our public protections. As it moves forward with the appropriations process, Congress should refrain from using spending bills to enact ideological policy measures.

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GOP Candidates' Tax Plans Reduce Taxes on Wealthy, Increase Deficits

As the media focuses its attention on the Republican Party’s presidential nominating contest, several tax and budget organizations have taken turns examining the candidates’ tax proposals. In January, Citizens for Tax Justice (CTJ) released a report looking at the costs of each of the GOP contenders’ plans, and, just recently, the Tax Policy Center (TPC) scrutinized the distributional impacts of the candidates’ proposals. Both reports found that all of the contenders’ tax plans would disproportionately benefit the highest-income households and exacerbate budget deficits.

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Is the President’s Budget Dead on Arrival? Maybe Not

On Feb. 13, budget season officially began with the release of the president’s budget, which was immediately heralded as dead on arrival. “If there was ever a year to ignore the president’s annual budget proposal, this is it,” proclaimed the National Journal (subscription required). While this may be the fate of the president’s tax proposals, many of the program funding levels in his budget have a chance of becoming law.

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Resources & Research

Living in the Shadow of Danger: Poverty, Race, and Unequal Chemical Facility Hazards

People of color and people living in poverty, especially poor children of color, are significantly more likely...

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A Tale of Two Retirements: One for CEOs and One for the Rest of Us

The 100 largest CEO retirement funds are worth a combined $4.9 billion, equal to the entire retirement account savings of 41 percent of American fam...

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