The current debate on tax policy reform provides the ultimate window of opportunity to promote and create policy change that levels the playing field and increases wealth building opportunities and economic stability for those who need it most: the low-to-middle class. Tax expenditures originally designed to help all Americans build financial security favor the wealthy and mistakenly shut out those with less.
This article from Next Avenue, A Tax Reform Agenda for Low-Income Americans, by Richard Eisenberg, highlights the work Asset Funders Network is doing to help reform tax policy, breaking down the steps needed, including opening Children’s Savings Accounts and capping the mortgage interest deduction.