Sunday, October 24, 2021

Play

GOP lawmakers in Montana want to investigate the 2020 election - some are concerned this could weaken trust in voting; record rainfall in San Francisco Bay area; concerns about students and staff coping with the pandemic.

Play

Obama cautions against tribalism; House Democrats want immigration relief to be included in reconciliation; and will Trump face a subpoena from the January 6th committee?

Play

An all-Black Oklahoma town joins big cities in seeking reparations; a Kentucky vaccination skeptic does a 180; telehealth proves invaluable during pandemic; and spooky destinations lure tourists at Halloween.

Wealthy Americans, Virginians Press Congress to Hike Their Taxes

Play

Friday, September 17, 2021   

RICHMOND, Va. - As U.S. Rep. Alexandria Ocasio-Cortez, D-N.Y., takes heat this week for attending a posh fundraiser in a dress that said "Tax the Rich," dozens of wealthy taxpayers have requested just that, in a letter sent to Congress.

More than 200 millionaires and business leaders, including two prominent Virginians, say they feel raising their taxes is essential to cover critical social investments in President Joe Biden's Build Back Better plan.

Sandra Fluke, president of Voices for Progress, the group that organized the letter campaign, said a recent report confirms many billionaires and corporations pay no taxes. She said she thinks it's more fair for those who have the most to pay more in taxes, since they benefit more.

"We have situations where we are taxing the pay that someone receives, their salary from working a job, more than we are taxing the profits that are made on investments," she said, "and that's just wrong."

A recent survey found that 68% of Virginia voters support Biden's $3.5 trillion plan, and more than two-thirds said it should be funded by taxing those making more than $400,000 a year. Joan Huffer, a well-known tax policy expert and philanthropist from Northern Virginia, also signed the letter.

This week, a group of House Democrats released a draft plan to raise the corporate tax rate from 21% to 26.5% percent for large, profitable businesses to help pay for Biden's plan. Fluke said that would go a long way to help fund new spending in areas including health care and clean energy.

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

The letter mentioned that the wealth of 700 billionaires rose by 60% during the pandemic, while many working families suffered. The signers said it's up to those who became richer in the health crisis, and whose lifestyles would be only marginally affected, to fix the imbalance.


get more stories like this via email
California has collected more than 600 tons of unwanted prescription drugs since the Take-Back Day program began in 2010. (Dodgerton Skillhause/Morguefile)

Health and Wellness

SACRAMENTO, Calif. - Saturday is National Prescription Drug Take-Back Day, when the Drug Enforcement Administration encourages everyone to clean out …


Health and Wellness

BALTIMORE - This month marks the four-year anniversary of the #MeToo movement, and an art project aims to help incarcerated survivors heal by telling …

Social Issues

OGDEN, Utah - Utah is one of only a handful of states that taxes food, but one state legislator says taxing groceries should become a thing of the …


In a new poll, 71% of all registered voters support strengthening rules to reduce oil and gas methane pollution, including 73% of Independents and 50% of Republicans. (Adobe Stock)

Environment

CASPER, Wyo. - A strong majority of voters across party lines say they want national rules similar to those passed in Wyoming to reduce methane …

Health and Wellness

ARLINGTON, Va. - Although COVID-19 rates have gone down, the virus continues to hit the Hispanic community especially hard. Now, a new campaign aims …

Gov. Tom Wolf already has increased the minimum wage for state employees and contractors, which is set to reach $15 an hour by July 2024. (Gov. Tom Wolf/Flickr)

Social Issues

PITTSBURGH - As businesses across the country deal with a massive labor shortage, Pennsylvania aims to entice people back to the workplace by …

Environment

ALBANY, N.Y. - Environmental groups want Gov. Kathy Hochul to sign a bill that mandates monitoring the state's drinking water for "emerging …

Health and Wellness

BEND, Ore. - Veterans returning home sometimes struggle to find a place where they feel like they belong. In Central Oregon, a ranch is supporting …

 

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