Democrats unveil tax plan that, unlike GOPs, would actually help working families
Imagine that. Actually providing money for a transitional jobs program, rather than simply demanding that poor people become rich enough to benefit from the Republican's tax plan.
https://thinkprogress.org/democrats-unveil-tax-plan-that-unlike-gops-would-actually-help-working-families-36eb0b1844a5/
Coming on the heels of the Republican tax plan, Sen. Tammy Baldwin (D-WI) and Sen. Cory Booker (D-NJ) have announced a tax reform plan of their own.
Their plan, called the Stronger Way Act, markets itself as tax reform to reward work. In contrast to the GOP tax plan, Booker and Baldwins plan doesnt change the actual tax code, but rather uses the existing tax code to help working families.
Tax reform needs to reward hard work, raise incomes and help working families keep more of what they earn. Too many people are being left behind by Washington and The Stronger Way Act starts helping them get ahead, said Baldwin in a statement. The Stronger Way Act offers tax reform to reward work and a new partnership to invest in local jobs programs that will help raise incomes for working families.At the center of their plan are two tax measures that would benefit lower and middle income families: expanding the Earned Income Tax Credit (EITC) and the Child Tax Credit.
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Another part of the Baldwin-Booker plan is aimed specifically at jobs specifically, a transitional job program. The plan proposes the establishment of a jobs grant at the Department of Labor aimed at moving people out of poverty and into the workplace.