Galen Hendricks retweeted
Biden’s Child Tax Credit has the potential to:
✅ Benefit 65 million children
✅ Reach 27 million children who previously didn't get the full credit
✅ Lift 4 million children above the federal poverty line
@areeba_haidr and @GgrHendricks in @thehill: bit.ly/3enrKLT
Galen Hendricks retweeted
We loved @SethHanlon and @GgrHendricks explanation of how different families would benefit from the cash provisions in the American Rescue Plan that we made cute cartoons of their examples. itep.org/targeted-relief-and…
Galen Hendricks retweeted
Risk of over-reacting with fiscal stimulus is trivial. Risk of under-reacting is overwhelming. And under-reacting will *cause* massive human suffering. Hold policymakers accountable. We have no shortage of ideas that are virtually guaranteed to help.
Galen Hendricks retweeted
The #JobsReport shows--yet again--good job growth and weak wage growth. The unemployment rate has been at or below 4% for two years, and wage growth is, if anything, *decelerating.*
Galen Hendricks retweeted
When considering today's #JobsDay numbers it's important to recognize that much of the employment growth has been in industries that pay BELOW average weekly earnings. Assessing top-line numbers without greater context distorts the reality facing many workers in this country.
Galen Hendricks retweeted
Happy #jobsday to all.
Nursing a serious candy hangover this AM, so I'm keeping this short:
Jobs day preview in 4 charts
Or read the issue brief Cuong Nguyen, @GgrHendricks & I put up yesterday
americanprogress.org/issues/…
[thread]
Galen Hendricks retweeted
Today's the day! It's #NationalVoterRegistrationDay! Take 30 seconds to register to #vote or update your registration online now at genprogress.org/vote/. 🎉 📋 🗳️
Galen Hendricks retweeted
hi hello 👋! read my new piece on why we should center communities of color in trade policy
americanprogress.org/issues/…
Galen Hendricks retweeted
Let’s collab @LilNasX. – at Seattle, WA
Galen Hendricks retweeted
THREAD: The Trump White House is reportedly considering a plan to bypass Congress to give another massive tax cut to the wealthy.
Galen Hendricks retweeted
THREAD: As you're finishing up your taxes, get this:
60 Fortune 500 companies paid NO TAXES—and some ”even less than zero”—on a combined $79 BILLION in profits last year.
Tell us again how the #GOPTaxScam is “for working families?"
nbcnews.com/business/taxes/t…
Great new piece from @saraestep3 - When it comes to policing high-end tax evasion, there are nowhere near enough cops on the beat.
americanprogress.org/issues/…
Galen Hendricks retweeted
A quick thread on the economics of a much higher top rate for the super-rich.
TL;DR version is that @AOC is on very solid ground here.
There is a lot of evidence that from an economic and fiscal perspective, we'd be way better off with top rates approaching 70.
Rep. Alexandria Ocasio-Cortez is floating an income tax rate as high as 60 to 70 percent on the highest-earning Americans to combat carbon emissions politi.co/2F9SWNm
Galen Hendricks retweeted
.@SethHanlon, @GgrHendricks, and I with some ideas to improve the budget process: (1) strengthen CBO; (2) stop favoring tax expenditures over spending; (3) get rid of the debt ceiling; and (4) streamline the budget process.
americanprogress.org/issues/…
Galen Hendricks retweeted
If this is your first time seeing this graph, you have friends who haven’t seen it yet. Share far and wide. h/t @zessoules & @ggrhendricks
Galen Hendricks retweeted
Trump today: the deficit is a national emergency that requires freezing pay for workers fighting forest fires or processing Social Security checks
Also Trump today: maybe I'll unilaterally provide hundreds of billions in new tax breaks for the wealthy in violation of the law























