Bread National Grassroots Conference Call and Webinar July 19, 2012, 4pm EST - PowerPoint PPT Presentation

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Bread National Grassroots Conference Call and Webinar July 19, 2012, 4pm EST
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Bread National Grassroots Conference Call and Webinar July 19, 2012, 4pm EST

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  1. Bread National Grassroots Conference Call and Webinar July 19, 2012, 4pm EST

  2. Welcome #BreadWeb

  3. LaVida Davis Director of Organizing and Grassroots Capacity Building #BreadWeb

  4. Opening Prayer #BreadWeb

  5. Gary Cook Interim Director of Government Relations Washington, DC #BreadWeb

  6. Bread for the World Speaking Up for Faithful Tax Policy #BreadWeb

  7. Amelia Kegan Senior Policy Analyst Washington, DC #BreadWeb

  8. We can no longer sit on the sidelines www.bread.org #BreadWeb

  9. Long-Term Deficits are Unsustainable www.bread.org #BreadWeb

  10. Previous deficit reduction packages have included revenues. www.bread.org

  11. The U.S. is one of the least-taxed countries www.bread.org

  12. “From everyone to whom much has been given, much will be required” (Luke 12.48) www.bread.org

  13. Policy Position Consistent with Bread’s Faithful Tax Policy • Continue the current EITC and Child Tax Credit benefit levels. • Allow the 2001 and 2003 tax cuts to expire for at least the wealthiest 2% of individuals. • Eliminate ineffective tax expenditures. • Restore the estate tax to the 2009 levels. • A net increase in revenue in any tax reform legislation. • A deficit reduction package balanced with spending cuts accompanied by additional tax revenues. www.bread.org

  14. www.bread.org Aviva Aron-Dine Special Assistant to the President for Economic Policy National Economic Council

  15. Legislative Update #BreadWeb

  16. Tax Votes Over the Next Two Weeks Senate Bill House Bill/Senate Alternative Continues tax cuts for incomes below $250,000 Continues tax cuts for incomes above $250,000 Continues 2010 estate tax provisions of $5/$10 million exemption Ends current EITC and Child Tax Credit benefits, rolling back to pre-2008 levels www.bread.org • Continues tax cuts for incomes below $250,000 • Lets tax cuts expire for incomes above $250,000 • Returns estate tax to 2009 levels • Continues current EITC and Child Tax Credit benefit levels

  17. Our Message Senate Democrats Senate Republicans We recognize a party-line vote, and this bill won’t become law before the elections. There will be a negotiated agreement. It should include: Continue the current EITC and Child Tax Credit benefits Don’t burden low-income families Additional tax revenue www.bread.org • Vote for the bill. • There will be a negotiated agreement. It should include: • Continue the current EITC and Child Tax Credit benefits • Don’t burden low-income families • Additional tax revenue #BreadWeb

  18. Our Message House Democrats House Republicans We recognize a party-line vote, and this bill won’t become law before the elections. There will be a negotiated agreement. It should include: Continue the current EITC and Child Tax Credit benefits Don’t burden low-income families Additional tax revenue www.bread.org • Oppose the bill. • There will be a negotiated agreement. It should include: • Continue the current EITC and Child Tax Credit benefits • Don’t burden low-income families • Additional tax revenue #BreadWeb

  19. Report From the Field #BreadWeb

  20. Cathy Brechtelsbauer St. Marks Lutheran Church Sioux Falls, SD #BreadWeb

  21. Next Steps Next Call: 8/16/12 Closing Prayer www.bread.org

  22. www.bread.org #BreadWeb