New York, NY – Today, the Republican-led U.S. Senate voted on strictly partisan lines to approve a new tax plan that will increase taxes on working- and middle-class Americans while lowering taxes on billionaires and wealthy corporations. In response, Tamara Draut, Vice President of Policy and Research at Demos released the following statement:
While some fairly valuable tax breaks for students have been kept from the chopping block, the Senate GOP’s tax bill could go a long way toward decimating funding for public colleges and universities, and community colleges in particular.
This Tuesday’s election was a mandate for inclusive democracy. Black and Latino voters turned out in record numbers to defeat candidates endorsed by Trump, who ran on his platform of fear and exclusion.
To summarize, the House Republican tax plan would get rid of several incentives—from the ability to deduct student loan interest as well as tuition, to the Lifetime Learning tax credit—which provide middle-class students and borrowers with some relief at tax time.
Chicago, IL – Today, Heather McGhee, president of Demos, spoke during the Opening Session of the inaugural Obama Foundation Summit, a gathering of civic leaders in Chicago. The following are her remarks, as prepared for delivery.
The economy is not the weather. Economic news may come to us like a weather report—the stock market going up or down like the temperature—but it’s not actually unseen natural forces that dictate the way the wind will blow economically.
Congress’ job is to tell the American people exactly what happened in 2016, take action to prevent similar interference going forward, and hold publicly accountable anyone who acted illegally or simply counter to the public interest.
Many Americans believe that we have achieved black-white racial economic equality, but the data continue to show that we have a long way to go. For centuries, we have had policies to help white families build wealth at the expense of black families.
A point that climate change reports often fail to note is climate change will disproportionately harm people of color. People of color are overrepresented in the southern states, in the poorest counties, and among outdoor workers.
The Department of Justice abandoned a principled position that it has held for decades through three presidencies. By reversing course and choosing to stand with Ohio Secretary of State Jon Husted and his practice of purging countless eligible Ohioans from the rosters, the DOJ has confirmed many peoples’ worst fears that it will no longer work to protect and expand the right to vote, but instead undermine it.
The top three economic issues for young people are debt-free public college, paid family and medical leave and a higher minimum wage (followed closely by affordable childcare).