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Articles tagged with: tax cuts

Letter to Regulators: Coalition Letter on IRS Opportunity Zone Rules
July 2, 2019 – 10:54 am

The proposed loophole-ridden rules let investors to reap tax benefits for investments outside of the Opportunity Zones, compounding the program’s tendency to invest in booming areas that drive up housing costs and displace lower-income residents of color.

AFR/TOWS Statement: Unpopular, Harmful Tax Cuts Reward Wall Street Donors
December 20, 2017 – 1:40 pm

At a time when millions of everyday Americans are struggling with stagnant wages, Republicans decided to use the tax code to reward its contributors. Polls have shown that the Republican tax bill is deeply unpopular. Voters recognize it for what it is: a giant holiday gift to Wall Street and the super rich that the rest of us will be paying off for decades.