Federal Tax Policy

We're working for responsible tax policies to ensure that we have the revenues needed to invest in our common future. We're working to reverse the provisions of the 2001-2003 tax cuts that benefit the wealthiest Americans, restore a fair estate tax, close tax loopholes for the wealthy and corporations, and ensure that those with the means to pay their fair share of taxes do so.

Highlights

Fact Sheet | What Extra Tax Breaks for the Richest Americans Cost Women and Families

April 26, 2013

This fact sheet explains what tax breaks for the richest American taxpayers cost women and families. 

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Fact Sheet | What Offshore Corporate Tax Loopholes Cost Women and Families

April 4, 2013

Many programs vital to women and their families are being cut.  Yet, at the same time, our nation is spending billions of dollars each year on unfair tax breaks for large corporations and very wealthy individuals.  

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Fact Sheet | A Roadmap to the 2013 Federal Budget Debates

April 11, 2013

Here is a look at key provisions of the fiscal cliff deal, the timeline for critical choices that remain before Congress, and the guiding principles that will protect women and their families and promote widely shared prosperity.

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More Resources

Fact Sheet | Memo: Developments in Federal and State Child and Dependent Care Tax Provisions in 2009

February 24, 2010
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Fact Sheet | The Alternative Minimum Tax

November 01, 2009

The Alternative Minimum Tax (AMT) is a parallel system to the regular income tax. It was created in 1969 to ensure that high-income households pay a minimum amount of income tax. Taxpayers who are subject to the AMT calculate both their regular income tax liability and their liability under the AMT, and pay whichever is larger.

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Fact Sheet | Closing the Tax Gap & Tax Loopholes

November 01, 2009

Every year, hundreds of billions of dollars of taxes that are owed are not collected. The "tax gap"--the difference between what individuals and businesses owe and what they pay-–stood at an estimated $345 billion in 2001 and remains a serious problem.

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Fact Sheet | Taxing Private Equity and Hedge Fund Managers Fairly

November 01, 2009

Managers of private equity and hedge funds, some of the richest people on the planet, pay lower tax rates on their compensation than ordinary wo Read more...

Fact Sheet | The Estate Tax

November 01, 2009

The federal estate tax, paid only by the estates of the very wealthiest individuals, is a highly progressive tax that raises a significant amount of revenue to fund vital services. An aggressive campaign, financed by a few super-wealthy families, has sought to permanently repeal or drastically reduce the tax.

Eliminating or drastically reducing the taxes paid by the estates of multimillionaires would leave average Americans to pick up the tab, through a combination of higher taxes, cuts in services, and added debt. But the estate tax is scheduled to disappear in 2010 and then return at roughly 2000 levels if Congress doesn’t take action.

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