Issues

Tax

Publications

By / 11.30.2017

For many Americans, self-employment and running  a small business can be an important pathway to the middle class, yet accessing credit to start or grow a business is more difficult, and potentially even more dangerous, than most realize. While banks have historically provided the majority of small business credit in the United States, and still […]

By / 3.21.2017

While much of the debate over the first few months of the Trump Presidency has focused on immigration, cabinet nominations, and Russian interference in the U.S. election, the push toward corporate tax reform may be building momentum. With a growing number of President Trump’s inner circle embracing Speaker Paul Ryan’s proposed Border Adjusted Destination-Based Cash […]

By and / 4.14.2016

In 2002, researchers from the Brookings Institution and the Progressive Policy Institute (PPI) wrote a groundbreaking study entitled “The Price of Paying Taxes: How Tax Preparation and Refund Loan Fees Erode the Benefits of the EITC.” This report was one of the first to highlight the costly dependence of low-wage workers on national tax preparation […]

Press

By / 12.1.2017

In 2016, the 50 richest universities in America owned $331 billion in endowment wealth, a figure roughly three times the size of California’s entire state budget last year — and ten times the estimated net worth of President Donald Trump. Seventy-five percent of that wealth was held by less by four percent of schools, including such elite institutions as Harvard […]

By / 11.30.2017

As President Trump and Republicans go full throttle to ram a partisan tax bill through Congress this week, let’s step back and ask a basic question: What does the U.S. economy need most today? The answer isn’t tax cuts – it’s public investment in modern infrastructure. Having wasted most of 2017 trying to kill ObamaCare, […]

By / 11.28.2017

House Republicans have passed a grotesque tax giveaway to the richest 1 percent that will only exacerbate America’s biggest economic and political problem: the massive income inequality that inhibits broad-based growth and is leaving more and more Americans out of the middle class. What’s more, the Republican tax bills squander essentially all the money needed for investments […]

Blog

By and / 9.28.2017

Goaded by President Trump, Republican leaders outlined a tax-reform plan this week that is marginally less generous to the wealthy than many conservatives would like. As the GOP struggles to cobble together an actual bill that can unite their fractious party, it’s tempting for Democrats to sit back and enjoy the show. When your opponents […]

By / 5.23.2017

When Congress passed the Dodd-Frank Act, it included a requirement that U.S. companies annually report the ratio between their CEO and median worker pay. This modest provision takes effect this year, but it’s unlikely to reverse America’s widening pay gap.​ In fact, if President Trump has his way on tax reform, the earnings gap will […]

By / 3.31.2017

Just over a year ago, PPI unveiled a big ideas blueprint with a prescient subtitle: Unleashing Innovation and Growth: A Progressive Alternative to Populism. We knew that progressives in the United States and Europe needed better answers to the economic and cultural grievances that have fueled the rise of a retrograde populism and nationalism around […]