Black families have substantially less wealth than white families. This paper by the Institute for Policy Studies examines public policies that facilitated white families’ ability to grow wealth while impeding it for black families.
Report: Dreams Deferred
Institute for Policy Studies, Jan. 2019
This quick-start guide from Institute on Taxation and Economic Policy (ITEP) distills Who Pays? findings into a set of policy recommendations – from the foundational to the aspirational – that residents of every state can draw from and start work on now.
Subsidy Tracker is the first national search engine for economic development subsidies and other forms of government financial assistance to business. With the introduction of Subsidy Tracker 2, users also can see how much state or community dollars are spent on economic development tax breaks.
Subsidy Tracker
Good Jobs First
The 2017 tax law was so incredibly unpopular that its GOP backers in Congress eventually shied away from touting it during their 2018 election campaigns. In this piece, Americans for Tax Fairness looks at both state and national analysis of tax policy messaging and how voters responded.
Analysis of Tax Issues in the 2018 Federal Midterm Elections
Americans for Tax Fairness, Sept. 20, 2018
By now, it’s well known that the 2017 tax law did not deliver on its false promise to boost the middle class. This blog post by the Economic Policy Institute debunks some of the rosy rhetoric about the tax law’s so-called benefits for ordinary people.
Further evidence that the tax cuts have not led to widespread bonuses, wage or compensation growth
Economic Policy Institute, Sept. 18, 2018
“Efforts to reduce discrimination, equalize access to education, ensure equal treatment by the legal system, and otherwise end racial stratification should continue since they seem to be making real, if slow, progress. But these policies should be paired with broader economic policies to end wage stagnation for Americans of all races and, in so doing, reduce the gaps between racial groups.”
How rising U.S. income inequality exacerbates racial economic disparities
Washington Center for Equitable Growth, Aug. 23, 2018
Related: Income Inequality and the Persistence of Racial Economic Disparities, March 12, 2018
All income groups received tax cuts, but Bush-era provisions ensured the well-off gained more than others. Some progressive tax changes under Obama reduced the share of tax cuts to the wealthiest, but they continued to benefit most.
Federal Tax Cuts in the Bush, Obama, and Trump Years
Institute on Taxation and Economic Policy, July 11, 2018
