Policy
Tax Loopholes Seen Costing Billions Annually
by bob ()
WASHINGTON - Tax and accounting loopholes that largely benefit rich taxpayers and companies cost the government $20 billion a year even as the pay gap between chief executives and employees has widened, two groups said on Monday.
The biggest loss comes from a "stock option accounting double standard" that allows corporations paying executives stock options to deduct more than their actual expenses, they said.
Read the full article on Reuters.
Executive Excess 2008: How Average Taxpayers Subsidize Runaway Pay
by bob ()Our 15th annual Labor Day report (with the Institute for Policy Studies) finds that tax subsidies directly related to executive pay total $20 billion. Average CEO pay is 344 times the pay of an average U.S. worker.
There’s a Big Difference in Candidates' Tax Platforms (Op-ed)
by bob ()UFE member Michael Beer wrote an article that focuses on the differences between the tax policies of the two main presidential candidates. Citizen-Times, Asheville, NC.
Evaluating Candidates on Taxes
by bob ()Tax policy is a key method for addressing economic inequities. But it can be difficult to evaluate a candidate's position on taxes. That's why we created these Action Tools, ways to use the Action Tools, and a space for you to tell us how you used them.
Town Hall Meeting Focuses on Harmful Banking Practices
by bob ()Town Hall Meeting in Boston with Rep. Barney Frank, Mass. AG Martha Coakley Focuses on Harmful Banking Practices, Rising Credit Card Interest Rates Hurting Working Families and Consumers. Co-hosted by Service Employees International Union (SEIU), the Massachusetts Public Interest Research Group (MassPIRG), and UFE.
Estate Tax Supporters Convene in DC to Lobby Congress
by bob ()As efforts to preserve the federal estate tax continue in 2008, estate tax supporters from across the country will come together for an estate tax briefing to be held during the Take Back America conference, followed by a day of Capitol Hill visits to lobby Congressional representatives and senators from their home districts.
Candidates' Positions on Trade Agreements
by bob ()Candidates' Positions on Trade Agreements
To help voters understand where candidates stand on trade agreements, the Iowa Fair Trade Campaign (IFTC) extracted statements from responses to its set of principles (PDF) by major Democratic* candidates on the following topics:
Fair Taxation
by Ben (- Activism/Actions
- Collaborative
- Commonwealth
- Estate Tax
- Fair tax
- Government Accountability
- Legislative proposals
- Policy
- Progressive tax
- Regulation
- Revenue
- State tax
Tax fairness is the key to a fair economy, where the cost of maintaining a common government is shared on the basis of one's ability to pay.
Estate Tax
by Ben ()
UFE has been working to preserve the federal estate tax since 1999. The federal estate tax is the country's most progressive tax, and its only wealth tax. It helps prevent the concentration of wealth that weakens democracy.
Estate Tax Plans: Clinton
by Anonymous ()UFE's Lee Farris comments that Clinton's plans for the estate tax will worsen the deficit.
McClatchy News by Matt Stearns
