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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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Commentary: Bailout Package Signed into Law; Economic Stimulus Still Needed

With the enactment of a $700 billion Wall Street bailout, or "financial rescue" package, prospects for success in stabilizing the nation's financial markets remain uncertain. Certain, however, is that deteriorating economic conditions that continue to put Americans on the unemployment rolls will remain unaffected by the implementation of the Troubled Asset Relief Program (TARP). And despite over $100 billion in tax cuts included in the package, Congress failed to leverage even modest economic stimulus from the resulting jump in the federal budget deficit. If and when Congress returns to work for a lame-duck session after the elections, it should consider what steps to take next to improve the economy and aid those who have fallen victim to it.

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Congress Enacts Flurry of Legislation at Year's End

Congress tentatively adjourned for the year on Oct. 3 after passing a flurry of legislation to address the financial meltdown, extend expiring tax cuts, provide disaster relief funding, and fund the federal government through March 6, 2009.

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House Approves, Bush Signs Bailout Bill

In a stark reversal of Monday's vote, the House approved the Senate-passed version of a financial market rescue bill.

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Timely CTJ Report Pushes for Reagan Tax Proposal

Citizens for Tax Justice released a timely report yesterday examining the special tax breaks and subsidies that are currently handed out to Wall Street firms (and other companies). One in particular this report dissects is the special low rate on capital gains and dividends.

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FedSpending.org Will Blow Your Mind

Great news from the technology trade pubs today - FedSpending.org has been selected by PC World Magazine as one of the top five sites out there that will raise your political awareness. Woohoo! Below is the screenshot of the article: Read the full article: 5 Sites That Will Boost Your Political Awareness

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Senate Approves Bailout; Cost "Impossible" to Predict

Last night, the Senate approved a financial rescue (or Wall Street bailout) bill, HR 1424, by a 74-25 vote. As we noted yesterday, the package includes not only a provision that grants the Treasury Secretary $700 billion to purchase troubled financial assets, but also a package of tax cuts passed previously by the Senate.

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Senate Attempts to Sweeten Bailout Bill

If Monday's Wall Street bailout bill, which the House failed to pass, was, as House Minority Leader John A.

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Tax Legislation Update: House Prepares Response to Senate

ExtendersHose Democrats have unveiled a $620 billion tax bill (HR 7060) that would extend dozens of expiring tax cuts, including renewable energy tax incentives. The bill is fully offset, and if put to a vote will likely pass has been approved by the House, 257-166. The bill contains $14.2 billion in expiring renewable energy tax cuts, $46 billion in other expiring tax cuts, including a provision to lower the income threshold at which filers can claim the child tax credit, and is fully offset.

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Tax Legislation Update

When Congress is not figuring out the best way to give Treasury Secretary Henry Paulson's golfing buddies $700 billion, their attention is focused on tax legislation. Specifically, the House and the Senate are working on coming to agreement on several tax code areas: a patch for the AMT, (renewable) energy tax extenders, non-energy tax extenders, and tax relief for disaster victims.

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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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