New Report from CBPP: How the Federal Tax Code Can Better Advance Racial Equity
Tax provisions and the ways these provisions are enforced and administered are steeped in a context of historical racism and ongoing prejudice and discrimination. In a recently released report, The Center on Budget and Policy Priorities (CBPP) outlines the ways the federal tax code impacts racial disparities and explains how the tax-cut law enacted in 2017 exacerbates these disparities. The report also lays out investments – including tax credits – that can work toward advancing racial equity.