From Citizens for Tax Justice <[email protected]>
Subject Build Back Better Deserves Better
Date October 21, 2021 9:05 PM
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The Latest Take from Citizens for Tax Justice
Build Back Better Deserves Better

=20

Today, one article after another reveals that billionaire net worth is grow=
ing by leaps and bounds and wealth continues to concentrate at the top. Jus=
t this week, a Federal Reserve survey revealed the top 10 percent own 89 pe=
rcent of all stock.

President Biden proposed the Build Back Better agenda because he and other =
national leaders recognize the nation can and should do more to unrig the p=
laying field and move the nation closer to the ideal of widespread opportun=
ity and shared prosperity.

The proposed CTC expansion is part of that agenda. Already, a temporary CTC=
expansion enacted earlier this year is working as intended. The credit has=
lifted millions of children out of poverty. The monthly payments ($250 for=
each child age 6 and over, and $300 for each child under age 6) are helpin=
g low- to middle-income parents pay for their children=E2=80=99s basic need=
s, pay for child care, dig out of debt or just worry less about how to make=
ends meet. Read more.

=20

Read or share this story from your browser.

For more Tax Takes, follow our blog on Medium.

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<th class=3D"columns small-12 large-12 first last" style=3D"w=
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color: #3c4144; font-family: arial,helvetica,sans-serif; font-weight: 400; =
padding: 0; margin: 0; Margin: 0; font-size: 12pt; line-height: 1.5; margin=
-bottom: 10px; Margin-bottom: 10px; text-align: center;"><span style=3D"fon=
t-size: 14px;"><em>The Latest Take from Citizens for Tax Justice</em></span=
></p> <h1 id=3D"ca28" style=3D"padding: 0; margin: 0; Margin: 0; line-heigh=
t: 130%; color: inherit; word-wrap: normal; font-family: arial,helvetica,sa=
ns-serif; font-weight: 400; margin-bottom: 10px; Margin-bottom: 10px; font-=
size: 34px; text-align: center;"><a title=3D"Build Back Better Deserves Bet=
ter" href=3D"[link removed]
9FtbG12SrBTRcCIjfrl8TBPihOpsHGah6WY=3D/jU7qmfL1wzyYVokrpP8G2cGA_RqXHEk1pMWH=
_BuH1i8=3D" target=3D"_blank" rel=3D"noopener" style=3D"text-decoration: no=
ne; font-family: arial,helvetica,sans-serif; font-weight: inherit; padding:=
0; text-align: left; line-height: 1.5; color: #0074d9;">Build Back Better =
Deserves Better</a></h1> <p data-selectable-paragraph style=3D"color: #3c41=
44; font-family: arial,helvetica,sans-serif; font-weight: 400; padding: 0; =
margin: 0; Margin: 0; text-align: left; font-size: 12pt; line-height: 1.5; =
margin-bottom: 10px; Margin-bottom: 10px;">&nbsp;</p> <p id=3D"11f7" class=
=3D"ly lz kp ma b mb mc il md me mf io mg mh mi mj mk ml mm mn mo mp mq mr =
ms mt ja cz" data-selectable-paragraph style=3D"color: #3c4144; font-family=
: arial,helvetica,sans-serif; font-weight: 400; padding: 0; margin: 0; Marg=
in: 0; text-align: left; font-size: 12pt; line-height: 1.5; margin-bottom: =
10px; Margin-bottom: 10px;">Today, one article after another reveals that b=
illionaire net worth is growing by leaps and bounds and wealth continues to=
concentrate at the top. Just this week, a Federal Reserve survey revealed =
the&nbsp;top 10 percent own 89 percent of all stock.</p> <p id=3D"b980" cla=
ss=3D"ly lz kp ma b mb mc il md me mf io mg mh mi mj mk ml mm mn mo mp mq m=
r ms mt ja cz" data-selectable-paragraph style=3D"color: #3c4144; font-fami=
ly: arial,helvetica,sans-serif; font-weight: 400; padding: 0; margin: 0; Ma=
rgin: 0; text-align: left; font-size: 12pt; line-height: 1.5; margin-bottom=
: 10px; Margin-bottom: 10px;">President Biden proposed the Build Back Bette=
r agenda because he and other national leaders recognize the nation can and=
should do more to unrig the playing field and move the nation closer to th=
e ideal of widespread opportunity and shared prosperity.</p> <p id=3D"5a8b"=
class=3D"ly lz kp ma b mb mc il md me mf io mg mh mi mj mk ml mm mn mo mp =
mq mr ms mt ja cz" data-selectable-paragraph style=3D"color: #3c4144; font-=
family: arial,helvetica,sans-serif; font-weight: 400; padding: 0; margin: 0=
; Margin: 0; text-align: left; font-size: 12pt; line-height: 1.5; margin-bo=
ttom: 10px; Margin-bottom: 10px;">The proposed CTC expansion is part of tha=
t agenda. Already, a temporary CTC expansion enacted earlier this year is w=
orking as intended. The credit has lifted millions of children out of pover=
ty. The monthly payments ($250 for each child age 6 and over, and $300 for =
each child under age 6) are helping low- to middle-income parents pay for t=
heir children=E2=80=99s basic needs, pay for child care, dig out of debt or=
just worry less about how to make ends meet.<span style=3D"font-family: in=
herit; font-size: 12pt;">&nbsp;</span><a style=3D"color: #0074d9; text-deco=
ration: none; font-family: arial,helvetica,sans-serif; padding: 0; text-ali=
gn: left; line-height: 1.5; font-size: 12pt; font-weight: 400; background-c=
olor: #ffffff;" href=3D"[link removed]
nk/3n20BTUa9FtbG12SrBTRcCIjfrl8TBPihOpsHGah6WY=3D/jU7qmfL1wzyYVokrpP8G2YKIx=
phYl06JGfar-q4rocQ=3D">Read more.</a></p> <p data-selectable-paragraph styl=
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The Latest Take from Citizens for Tax Justice
Build Back Better Deserves Better



Today, one article after another reveals that billionaire net worth is growing by leaps and bounds and wealth continues to concentrate at the top. Just this week, a Federal Reserve survey revealed the top 10 percent own 89 percent of all stock.

President Biden proposed the Build Back Better agenda because he and other national leaders recognize the nation can and should do more to unrig the playing field and move the nation closer to the ideal of widespread opportunity and shared prosperity.

The proposed CTC expansion is part of that agenda. Already, a temporary CTC expansion enacted earlier this year is working as intended. The credit has lifted millions of children out of poverty. The monthly payments ($250 for each child age 6 and over, and $300 for each child under age 6) are helping low- to middle-income parents pay for their children’s basic needs, pay for child care, dig out of debt or just worry less about how to make ends meet. Read more.



Read or share this story from your browser.

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