Join the ABA’s Civil Rights and Social Justice Section on Friday, April 22nd at Noon ET, Register here
Federal, state, and local tax policymakers and legislators across the country have been scrambling in response to the global pandemic. In fact, because of the federal government’s economic stimulus and direct transfers, many states saw debilitating projected deficits turn into unexpected surpluses. As a result, some have implemented innovative new tax credits targeted to underserved communities, including mixed immigration status families, and working childless adults. But others have cut taxes across the board, with most of the benefits flowing to high-income households. As states respond and reform their tax systems to better serve Americans, policymakers should keep in mind that the pandemic’s negative effects were unequal, and that future federal fiscal relief and state tax revenue are certainly uncertain.
This webinar’s expert panel will review a variety of state and local tax programs that have been effective and those that have been less effective in filling financial shortfalls, including the racial wealth gap, among other social justice matters.