SPLIT
John --
After the Big, Beautiful Bill (yes, it hurts us to type that name as much as it probably hurts you to read it) passed the House, we asked about your thoughts on tackling the national debt. Most responses highlighted the need to both increase revenue and decrease spending, with the primary debate being how much to focus on each area. In order to dig in a bit, we're going to ask you about where you think we should look to increase revenue, and where to cut spending.
This week, we focused on the former - where are the most promising areas for the US government to increase revenue?
Before digging into the results, we want to start with a thank you, as we had more responses and engagement with this poll than any prior one!
Diving into the results, a common theme continues to develop in how Forwardists approach problems. In short, we look to keep all reasonable options on the table to tackle problems from different angles.
Here, most respondents said that we should focus both on increasing taxes and stimulating growth, with many noting that the stimulating growth itself will increase taxes. On the slider, the vast majority wanted to focus on both raising taxes and stimulating growth, with different relative levels of focus.
Digging into the polls, we can see a pretty interesting picture develop! Raising the business tax rate was very unpopular, with many noting that this could inhibit growth and potentially lower taxes.
The other three options, however, were pretty much tied! If we read all of these data points and comments together (with some earlier comments on small business support), it paints a picture of an approach to increasing revenue. The government should stimulate growth, and that involves leaving the business tax rate alone. From a prior poll, we assume that most Forwardists would be in favor of doing so by supporting small businesses. Then, the tax code can be simplified to eliminate loopholes, and the top tax rates can be increased.
Looking at the comments, you said:
Stimulate Revenue via Growing the Economy through Targeted Government Investment
- You argued that maintaining our current business tax level (or even lowering it) would encourage business activity and higher tax revenue.
Innovative Policy Solutions
- Many of you called for a rethink of our tax system generally, with shifts ranging from support for Value-Added Taxes, automation taxes, or even a 10% universal tariff that would exclusively be spent on paying down the debt.
Higher Top Tax Brackets & Closing Loopholes
- Many of you cited the ways that our tax code is set up to allow for tax loopholes to unfairly lower taxes and noted we should focus on closing those loopholes to ensure all are paying their fair share.
- You also called for adding in more tax brackets on the high end to reflect the shifting reality of incomes in the current economy.
SPLIT
FWD CEO Lindsey Williams Drath Joins CNN to Discuss Trump Manufacturing Plan <[link removed]>| CNN
Trump may talk a good game, but his plans just aren't realistic... Click the link to hear more.
FWD CEO Lindsey Williams Drath Talks Trump's Miscalculation On Putin <[link removed]>| CNN
Known for reversing his position and claiming he was there all along, Trump is doing the same now regarding Putin and the war in Ukraine. FWD CEO weighs in.
SPLIT
June 5 | Civic Engagement With The Young Forwardists
Join the Young Forwardists for their monthly civic engagement meeting. Learn all about how to get involved in your community and make a difference, no matter how small. Register → <[link removed]>
June 6 | Young Forwardists Chapter Meeting
Join the Young Forwardists for their monthly chapter information meeting. Chapters are the backbone of the Young Forwardists and it'll take one in every school in the country to help heal our political divide. Register → <[link removed]>
June 10 | NY Forward Party Monthly Happy Hour
Join the NY State Forward Party for their monthly happy hour in midtown Manhattan. Meet fellow Forwardists and learn how you can get involved in the state. Register → <[link removed]>
June 10 | National Volunteer Call
Join the National Forward Party Team for their National Volunteer call to talk all things Forward Party, politics, and volunteering in your state. Register → <[link removed]>
SPLIT
Andrew Yang Joins Reclaiming With Monica Lewinski <[link removed]>| Reclaiming With Monica Lewinski
-=-=-
Forward Party - 1701 Rhode Island Ave NW, Washington, DC 20036, United States
This email was sent to
[email protected]. To stop receiving emails: [link removed]
-=-=-
Created with NationBuilder - [link removed]
