Let’s Promote—Not Reduce—Equity in Our Tax Code
By Ashley Burnside
Our tax code should secure revenue for public goods and promote equity by investing in families and workers. The 2017 Tax Cuts and Jobs Act mainly benefited the wealthy, increasing inequality. Recent expansions in tax credits and IRS investments highlight the potential for tax reform. As 2025 approaches, policymakers should ensure the wealthy pay their fair share, generating revenue for essential services like child care, health care, and education, and reducing the racial wealth gap.
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