For decades, ultra-rich billionaires, corporations, and Wall Street banks have engaged in a systematic effort to rig the economy to avoid paying what they owe in taxes. When these entities don’t pay what they owe, Black and Brown communities bear the burden of underfunded schools and insufficient essential public services. To win the thriving communities we deserve, we fight for moral budgets—budgets that invest in Black and Brown communities to repair harm with fully-funded, equitably distributed, publicly-owned, and locally-controlled services, paid for by mega-corporations, Wall Street, and the wealthy.
We work with grassroots partners and Bargaining for the Common Good network to resist austerity budgets and fight for moral budgets that ensure every community has the public service resources to survive the next crisis, recover, and thrive. Moral budgets make deep investments in Black and Brown communities by making: (1) Revenue more progressive by taxing the rich and corporations to pay what they owe, and (2) Expenses less regressive by ending practices that drain and harm communities. This includes ending payments to Wall Street banks on predatory public financing costs to reclaim more than $160 billion annually for communities, and divesting from the carceral state.
Resources:
- READ: Digital Ad Tax One Pager
- READ: A Revenue Generation Playbook
- VISIT: Wall Street interest payment calculator to see how much your state, city, county, school district, transit system, or higher education institute could save from direct Fed lending.
Philadelphia:
- VISIT: TaxTheRichPHL
- READ: A Philly that Works for Everyone: The Wealth to Fund Our City Exists
- READ: Revenue for a Just Recovery A Reparative and Restorative Approach to Funding City Services
Chicago:
- READ: First We Get The Money: $12 Billion to Fund a Just Chicago
- READ: A World-Class City: A Financial Blueprint for the City Chicagoans Deserve
New York: