Taxes & Tax Reform

The US tax structure has increasingly favored wealthy individuals and corporations, shifting the tax burden to middle and lower income individuals—disproportionately women. With funding cuts that further undermine women’s economic security, the importance of tax and budgetary reforms is critical for women’s economic well-being and advancement. The impact of fiscal policies on women and families needs wider public understanding accompanied by appropriate and effective policy responses.

NCRW Policy Brief: Economic Security

To overcome economic hardship, women need opportunities to learn new skills and earn fair wages in order to support themselves and their families and lead healthy and productive lives. Women’s advancement and well-being also depend on access to basic services and safety nets, such as paid sick leave, affordable child care and elder care, portable health care, adequate housing and secure retirements, including social security.

Attachment: 

Gender Inequality, Growth and Global Ageing

Reducing gender inequality could play a key role in addressing the twin problems of
population ageing and pension sustainability. In countries where it is relatively easy
for women to work and have children, female employment and fertility both tend to be
higher.
 

URL: 
http://www.ftd.de/wirtschaftswunder/resserver.php?bloId=10&resource=globalpaper154.pdf

Reinvesting in Women and Families: Developing an Economy for the Future (Summit October 2010)

Economic Security Summit
October 8, 2010
 [BY INVITATION ONLY]

Sponsored By:

 

Issue Brief: "Strengthening Income and Work Supports"

Included in "A Platform for Progress: Building a Better Future for Women and Their Families/Building Economic Security" A policy summary on Earned Income Tax Credit and reform of welfare policies and administration.

URL: 
http://www.nwlc.org/details.cfm?id=3318&section=infocenter

Issue Brief: “Ensuring Access to High-Quality, Affordable Child Care”

Issue Brief: "Ensuring Access to High-Quality, Affordable Child Care"
Included in "A Platform for Progress: Building a Better Future for Women and Their Families and Building Economic Security."

URL: 
http://www.nwlc.org/details.cfm?id=3318&section=infocenter

The National Women’s Law Center (NWLC)

URL: 
http://www.nwlc.org

Taxes ARE a Woman's Issue: Reframing the Debate

“American women have a major stake in a fair tax system. Women are over half of the population, close to half the work force, and more than half of all taxpayers. Yet we rarely hear about how tax policy affects women from various walks of life. To date, discussion and debate on taxes in the U.S. has lacked a gender lens.”
-from Taxes ARE A Women’s Issue: Reframing the Debate

 

Teaser: 

This book examines the current tax system and highlights the ways in which it disadvantages women, their families, and their communities. The book demonstrates how women benefit from services paid for by taxes – but also how they are adversely affected by the ways in which taxes are currently collected. The information presented is intended to educate, inform, and inspire women to speak out about current tax policy and its impact on their well being and that of their families. The facts point to the strong link between fair taxes and the quality of all our lives.

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ECONOMIC STIMULUS FORUM: The Bitter with the Sweet

February 25, 2009 posted by admin Overall, the economic stimulus plan that Congress passed and President Obama signed is a strong package.  We fervently hope it will provide the help that struggling families urgently need, and begin putting the nation on the road to lasting economy recovery.  We’ve never needed that more. There were victories, large and small, for those of us working for equal opportunity, 21st Century benefits, and quality, affordable health care.  The relief for working families and the expansion of unemployment benefits are significant, as is the lower threshold for the child tax credit and increased funding for child care. Not as well known, but extremely important, is the health information technology (HIT) provisions that we fought to maintain.  They withstood an attack from pharmaceutical manufacturers, health plans and drug store chains intent on putting profits ahead of privacy.  With protections against inappropriate disclosures of health information, electronic medical records can do a tremendous amount to reduce medical errors, coordinate and streamline care, and reduce costs.  This was a real step forward.


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TREASURY SECRETARY FORUM--Ms. Foundation President Sara Gould Advises Geithner to Bail Out Responsibly

Posted November 24, 2008 by Linda Basch

Linda Basch: What three recommendations do you have for Timothy Geithner, our next Treasury Secretary?

Sara Gould: First, we must strongly urge that the next Secretary ensure that the $700 billion bailout and other actions designed to address the economic crisis prioritize getting relief to communities that need it most. It’s not enough to rely on support for large banks to trickle down to middle and low-income people who are disproportionately affected by the plummeting economy—particularly when the banks’ share of the bailout came with few regulations and the conditions it did come with are being defied (see Naomi Klein’s article in The Nation).  Instead, the next Treasury Secretary should require that financial institutions use the bailout money for lending to consumers—instead of to boost the value of its shares. In addition to accountability and comprehensive regulations that apply to bailed-out banks and beyond, s/he should insist upon transparency and reveal exactly where the money is going and how it is being used. It is especially critical that the bailout money be used to help people who are facing or already in foreclosure—the majority of whom are likely women and people of color, as they were most likely to receive sub-prime loans in the first place. One promising option is to support FDIC chairperson Sheila Bair’s proposal to use $25 billion of the bailout to provide mortgage relief to homeowners. Her proposal would offer incentives to loan servicers to restructure mortgages, making payments more affordable. Second, an economic stimulus should be passed quickly. It should include immediate relief such as the extension of unemployment benefits as well as programs like job creation and training that will ensure economic stability for low- and middle-income people over the long-term. Any economic stimulus package should be sure to address the urgent needs of those who have been most impacted by the crisis, especially low-income women, women of color and their families. Recent statistics show that women are losing jobs at twice the rate of men. Third, we must return to a system of progressive taxation in which people with high incomes and net worth provide a larger share of tax revenues. New revenue should go towards domestic stimulus programs such as job training and infrastructure rebuilding as well as for key social and economic supports that have been eroded over the last two decades.


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Taxes Are STILL a Women's Issue

October 24, 2008 posted by Linda Basch

 


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