While more states are recognizing same-sex couples' right to marry, there is still an enormous amount of work to be done to secure social justice for all. Ensuring that our families are recognized by the federal tax code is a queer issue. Updating our tax code must remain a key component of advancing freedom, equality, and justice for LGBTQ people.
Their new tax plan builds on Senator Lee's 2014 plan and creates something that's even more tilted in favor of the country's highest-income people, and likely much more fiscally irresponsible. And, like last year's plan, it not only excludes most working-poor families from its new child tax credit but allows much of their existing child credit to disappear after 2017.
This week we learned that the State of the Union is [spoiler alert] "strong." Asserting that "the shadow of crisis has passed," President Obama decried growing inequality and laid out a vision of growth for the middle class -- which he mentioned seven times. Proposals included higher minimum wage, child tax credits, and free community college. Unanswered was why he didn't do this back in the days of bipartisan belt-tightening, which extended the decline of the middle class. Meanwhile, at the World Economic Forum in Davos, mindfulness was on many minds -- sessions on the practice, which attendees once rolled their eyes at, were standing room only this year. Click here to read and watch all our Davos coverage.
The full House next week will consider the Ways and Means Committee's recently passed Child Tax Credit bill. A recent Tax Policy Center analysis confirms our previous critical assessments of the proposal, finding that it would make many relatively affluent people better off while making low-income working families poorer.