skip to main content
skip to newscasts

Wednesday, April 24, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Day two of David Pecker testimony wraps in NY Trump trial; Supreme Court hears arguments on Idaho's near-total abortion ban; ND sees a flurry of campaigning among Native candidates; and NH lags behind other states in restricting firearms at polling sites.

view newscast page
play newscast audioPlay

The Senate moves forward with a foreign aid package. A North Carolina judge overturns an aged law penalizing released felons. And child protection groups call a Texas immigration policy traumatic for kids.

view newscast page
play newscast audioPlay

Wyoming needs more educators who can teach kids trade skills, a proposal to open 40-thousand acres of an Ohio forest to fracking has environmental advocates alarmed and rural communities lure bicyclists with state-of-the-art bike trail systems.

Wealthy Americans, Businesspeople Petition Congress for Higher Taxes

play audio
Play

Thursday, September 16, 2021   

SACRAMENTO, Calif. -- CARSON CITY, Nev. -- It is not every day people ask for higher taxes, but that's the gist of a letter just sent to Congress, signed by more than 200 wealthy taxpayers and business owners.

A coalition of progressive groups organized the public letter, which calls on lawmakers to raise taxes on rich people and corporations in order to fund the new infrastructure proposal, details of which were released this week.

Robert Bacon, an attorney from Oakland, said he signed the letter to encourage Congress to make some big investments.

"I'd be willing to pay more in taxes to increase the quality of public education and public transportation, to catch up with deferred maintenance of our public infrastructure," Bacon stated.

The letter asks Congress to reverse some 2017 Trump-era tax cuts by setting the top marginal tax rate back to where it was four years ago, at 39.6%. Supporters would also like to raise the corporate tax rate from 21% to 28%, close loopholes on estate taxes, and start taxing capital gains as ordinary income.

Sandra Fluke, president of the nonprofit Voices for Progress, said the money would help fund President Joe Biden's $3.5 trillion infrastructure package, known as Build Back Better.

"Child-care affordability, home- and community-based care, and paid leave, fighting climate change and protecting all of us from natural disasters are good investments," Fluke asserted. "Investments that will help to rebuild our economy and to strengthen our democracy."

The letter also calls on Congress to restore full funding to the IRS, which has lost one-third of its employees in enforcement roles in recent years, resulting in close to a 60% drop in the number of audits it performs.


get more stories like this via email
more stories
Creedon Newell practices teaching construction skills in Wyoming's new career and technical educator bridge course, designed to encourage trades students and professionals to pursue a career in CTE teaching. (Photo by Rob Hill)

Social Issues

play sound

By Lane Wendell Fischer for the Shasta Scout via The Daily Yonder.Broadcast version by Suzanne Potter for California News Service for the Public News …


Environment

play sound

By Naoki Nitta for Civil Eats.Broadcast version by Suzanne Potter for California News Service reporting for the Solutions Journalism Network-Public Ne…

Social Issues

play sound

Concerns about potential voter intimidation have spurred several states to consider banning firearms at polling sites but so far, New Hampshire is …


Environment

play sound

The construction of more solar farms in the U.S. has been contentious but a new survey shows their size makes a difference in whether solar projects …

Political fights were once considered "taboo" for school boards but things like book bans and debates over diversity programs have brought more tension to the day-to-day functions of the panels. (Adobe Stock)

Social Issues

play sound

Minnesota's largest school district is at the center of a budget controversy tied to the recent wave of school board candidates fighting diversity pro…

play sound

Minnesota lawmakers are considering a measure which would force employers to properly classify certain trade union workers and others as employees rat…

Health and Wellness

play sound

By Mary Anne Franks for Ms. Magazine.Broadcast version by Alex Gonzalez for Northern Rockies News Service reporting for the Ms. Magazine-Public News …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021