The 2017 Trump tax law was proclaimed as the hallmark achievement of the first Trump administration, but it failed to create any substantial improvement in the lives of people of color or the lives of working-class people of any race. Rather, it helped wealthy, disproportionately white households. That’s because it directed its main benefits to high-income individuals and owners of corporate stocks. Both of those categories are wealthy and disproportionately white.
This year President Trump and Congress will be debating changes to the tax code as some provisions of the 2017 law are set to expire and other tax proposals are being discussed. These policies have substantial racial and economic implications.
On Thursday, March 20 from 1-2 pm ET ITEP will convene a group of researchers and advocates to discuss the impact the 2017 law has had in the past few years in communities of color. They will also discuss the potential consequences of the current federal tax debate on households of color. Connecting the dots between how these proposals will impact economically underserved communities will also help attendees realize that regressive tax policies hurt everyone, including people of color.
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