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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ALERT: Apr. 19 Press Teleconference on Upcoming Senate Vote to Repeal Estate Tax

Repeal Will Add $1 Trillion to the Deficit as a Part of "Robin Hood in Reverse" Budget Priorities
Republicans in the Senate, led by Majority Leader Bill Frist, are planning to hold a vote on repeal of the estate tax in May. The revenue lost could otherwise help fund education and health care, pay down the national debt, or address other pressing national priorities. Repeal would also widen the already enormous gulf that separates the ultra-rich and the rest of us.

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Congress Increases Criticism of Bush's Supplemental Requests

A growing number of lawmakers are increasing their criticism of the dependence on repeated supplemental or emergency funding requests from the White House. While in the past the criticism has been from a limited group of lawmakers (mostly deficit hawks) and was mostly rhetorical, the increasing unease of lawmakers has pushed congressional appropriators to take action.

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Washington Post On Congress' Tax Gimmickry

Following up on a OMB Watch Budget Blog posting late last month, the Washington Post has an excellent editorial in this morning's paper criticizing Congress for "resorting to a [tax] gimmick that is even more egregious than their usual tactics."

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Who Is Doing Your Taxes?

Interesting article yesterday from the Associated Press about who prepares the tax forms for the members of Congress who are responsible for writing the tax code. Turns out three out of the top four lawmakers in Congress who have jurisdiction over the U.S. tax code use private preparers to file their tax returns. The lawmaker who still prepares his own taxes is Rep. Bill Thomas (R-CA), who chairs the Ways and Means Committee. About sixty percent of Americans use a private preparation company or service when it comes to filing their own returns.

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Oppose Sunsets Whenever You See Your Congressman!

Your representative in the House is probably at home from Washington for the Easter recess, holding town hall forums, making speeches, and kissing babies. Now is the perfect time to let your representative know that you are concerned about radical proposals for sunset commissions! Any chance you get -- whether it's a question-and-answer session or just going down the line to shake your member's hand -- is a chance to register your concerns. Take it! Print out our tips (PDF | Word), or read below:

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A Closer Look At Inequality in America

Former Clinton economic advisor and current Senior Fellow at the Center for American Progress Gene Sperling takes a closer look at economic inequality in America in his most recent column for Bloomberg News. Sperling unpacks the recent statements by Secretary of Treasury John Snow that income inequality has actually shrunk under President Bush and explains why a closer look at the numbers shows it is difficult to back up such a claim. Bloomberg News: A Disappointing Decade for Inequality

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More Americans United Behind the Estate Tax

Check out this Responsible Weath release which says that even more people now prefer keeping or reforming the estate tax, as opposed to repealing it. The release says:

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Amendments to Bush's Budget Proposal

The OMB issued some amendments to the President's budget on April 6. The State Department, Department of Agriculture, FCC, and Smithsonian are affected by the amendments. Proprosed discretionary totals would not be affected by these amendments. Most of these amendments address salaries and expenses, or errors made in the original request.

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NPP: Where Do You Tax Dollars Go?

Last week the National Priorities Project released their annual publication Where Do Your Tax Dollars Go? The publication shows how the median income family's income tax dollars are spent for every state and 200 cities, towns and counties. It also looks at the shift in how tax dollars were spent in 2005 compared with 2000. For example, NPP has found that the military's share of the income tax dollar has risen by 20 percent since 2000, while the share of spending has dropped for job training (-21 percent), environment (-19 percent), housing (-7 percent) and veteran's benefits (-2 percent).

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Congressional Twilight Zone

Despite a flurry of last minute negotiations and abundant rumors from Capitol Hill, GOP negotiators could not find a compromise on the long-delayed 2005 tax reconciliation bill before they left Washington for a two-week recess. Both the president and GOP leaders in Congress made a push to reach consensus on the bill before the upcoming tax filing deadline on April 15.

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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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