Trickle-down economics has wreaked havoc on our federal tax code for the better part of the past 50 years. Tax cuts tilted toward corporations and the wealthy have exacerbated economic and racial inequality. The tax reform debate is heating up as we near expirations of key provisions of the Tax Cuts and Jobs Act (TCJA), and federal policymakers have the opportunity to use the tax code to rebalance economic power and center racial equity. Lawmakers can go beyond tinkering with extending or sunsetting TCJA provisions and confront the tax code’s long-standing provisions that harm Black taxpayers and exacerbate inequality.
Join us for a discussion bringing together experts to discuss the effects of the TCJA on Black Americans and how tax reform can reduce economic and racial inequality. Roosevelt Institute Senior Fellow Beverly Moran will discuss her upcoming report exploring the TCJA’s impact on Black Americans and will be joined by Jessica Fulton from the Joint Center for Political and Economic Studies and Portia Allen-Kyle from Color of Change to evaluate the failures of the TCJA and preview how a more equitable tax code can work for all Americans.
