My grand stream by Kristal Alvarez https://padlet.com/kristalslvare14/jttjb0q6a3on Made with whimsy en-us 2020-01-17 14:56:00 UTC 2025-05-14 14:16:38 UTC hello@padlet.com Taxation kristalslvare14 https://padlet.com/kristalslvare14/jttjb0q6a3on/wish/433053917 Kristal Alvarez

Issue: Taxation

It creates a gap between the rich and the poor. Major issues such as damage to public structures, do not get fixed because of the reluctance to put money into it from the super rich. High marginal tax rates can discourage work, investment, saving, and innovation, while specific tax preferences can affect the allocation of economic resources. But tax cuts can also slow long-run economic growth by increasing deficits. 


Tax rates have fallen for everyone since 1979 but have risen since 2011. This statistic is no surprise to those who noticed the relatively low revenue intake during and after the Great Recession.  In 1979, the average tax rate was 22 percent, but after the tax cuts in the early 2000s, they fell to around 20 percent. Since the Great Recession, they have fallen further to around 18 percent as individuals' income declined and temporary tax cuts were put in place. The rate decreases were largest for the middle quintiles but were also fairly sizeable for the lowest earners and the top 1 percent. The one major change between 2010 and 2011 – the replacement of the Making Work Pay (MWP) tax credit with the payroll tax cut – made tax rates slightly more regressive, since many of the lowest earners benefited more from MWP, and the highest earners who didn't benefit from MWP could get the payroll tax cut.

]]> 2020-01-17 17:47:21 UTC https://padlet.com/kristalslvare14/jttjb0q6a3on/wish/433053917 Bill kristalslvare14 https://padlet.com/kristalslvare14/jttjb0q6a3on/wish/433082917
On July 1, 2019, The Taxpayer First Act of 2019 was signed into law, which aims to broadly redesign the Internal Revenue Service. Generally, the legislation aims to expand and strengthen taxpayer rights and to reform the IRS into a more taxpayer friendly agency by requiring it to develop a comprehensive customer service strategy, modernize its technology and enhance its cyber security. ]]> 2020-01-17 18:40:16 UTC https://padlet.com/kristalslvare14/jttjb0q6a3on/wish/433082917 Representative John Lewis kristalslvare14 https://padlet.com/kristalslvare14/jttjb0q6a3on/wish/433107981
 John Lewis is the U.S. Representative for Georgia's 5th congressional district, serving in his 17th term in the House, having served since 1987, and is the dean of the Georgia congressional delegation. His district includes the northern three-fourths of Atlanta. He is a member of the Democratic Party.
Went to American Baptist college (BA)
Fisk university (BA)
was the youngest of the "Big Six" leaders as chairman of the Student Nonviolent Coordinating Committee (SNCC) from 1963 to 1966, some of the most tumultuous years of the Civil Rights Movement.
In 2001, the John F. Kennedy Library Foundation awarded Lewis the Profile in Courage Award "for his extraordinary courage, leadership and commitment to civil rights."
•Voted NO on retaining reduced taxes on capital gains & dividends. (Dec 2005)
•Voted NO on providing tax relief and simplification. (Sep 2004)
•Voted NO on making permanent an increase in the child tax credit. (May 2004)




]]> 2020-01-17 19:25:11 UTC https://padlet.com/kristalslvare14/jttjb0q6a3on/wish/433107981 Special interest group kristalslvare14 https://padlet.com/kristalslvare14/jttjb0q6a3on/wish/433181139
  Its mission has been: To provide national leadership to achieve the optimal size and functions of government and promote candidates and initiatives that support these goals. legislators in states across the nation and grassroots organizations to limit state and federal spending through legal restrictions and constitutional change.]]> 2020-01-17 22:59:14 UTC https://padlet.com/kristalslvare14/jttjb0q6a3on/wish/433181139