Marco Guzman
@marcoguz.bsky.social
state tax policy @itep.bsky.social
📍tacoma, wa
#GoBills
📍tacoma, wa
#GoBills
Updated -- Analysis of Tax Provisions in the House Reconciliation Bill: National and State Level Estimates
Analysis of Tax Provisions in the House Reconciliation Bill: National and State Level Estimates
The poorest fifth of Americans would receive 1 percent of the House reconciliation bill's net tax cuts in 2026 while the richest fifth of Americans would receive two-thirds of the tax cuts. The riches...
itep.org
May 23, 2025 at 2:02 PM
Updated -- Analysis of Tax Provisions in the House Reconciliation Bill: National and State Level Estimates
The House Tax Plan, By the Numbers...
The House Tax Plan, By the Numbers
The House of Representatives unveiled a sprawling piece of tax legislation earlier this week that would extend temporary tax changes enacted in 2017 and layer various kinds of tax cuts and increases o...
itep.org
May 16, 2025 at 8:04 PM
The House Tax Plan, By the Numbers...
Reposted by Marco Guzman
There’s been lots of chatter about repealing taxation of Social Security benefits in the tax bill. Turns out Rs opted to increase the standard deduction for some seniors instead.
Will this increase help lower- and middle-income retirees?
Nope, and here’s why. 🧵
Will this increase help lower- and middle-income retirees?
Nope, and here’s why. 🧵
May 16, 2025 at 5:47 PM
There’s been lots of chatter about repealing taxation of Social Security benefits in the tax bill. Turns out Rs opted to increase the standard deduction for some seniors instead.
Will this increase help lower- and middle-income retirees?
Nope, and here’s why. 🧵
Will this increase help lower- and middle-income retirees?
Nope, and here’s why. 🧵
Reposted by Marco Guzman
A federal court says Alabama can't use a congressional map it found unconstitutional. The ruling comes in a voting rights case that resulted in the state getting a second Black member of Congress.
Court rules Alabama redistricting intentionally discriminates against Black voters
A federal court says Alabama can't use a congressional map it found unconstitutional. The ruling comes in a voting rights case that resulted in the state getting a second Black member of Congress.
www.npr.org
May 9, 2025 at 4:06 PM
A federal court says Alabama can't use a congressional map it found unconstitutional. The ruling comes in a voting rights case that resulted in the state getting a second Black member of Congress.
New from us:
Trump’s Proposed Higher Tax Rate on the Richest Taxpayers Would Affect Very Little of Their Income
President Donald Trump has proposed allowing the top rate to revert from 37 percent to 39.6 percent for taxable income greater than $5 million for married couples and $2.5 million for unmarried taxpay...
itep.org
May 10, 2025 at 1:18 PM
New from us:
Reposted by Marco Guzman
Tariffs. Deportations. Federal tax and budget cuts.
There are a range of federal actions coming together that will leave states with less money to meet their responsibilities.
State lawmakers should be ready.
itep.org/sharp-turn-i...
There are a range of federal actions coming together that will leave states with less money to meet their responsibilities.
State lawmakers should be ready.
itep.org/sharp-turn-i...
Sharp Turn in Federal Policy Brings Significant Risks for State Tax Revenues
Summary The new presidential administration and Congress have indicated that they intend to bring about a dramatic federal retreat in…
itep.org
April 10, 2025 at 3:54 PM
Tariffs. Deportations. Federal tax and budget cuts.
There are a range of federal actions coming together that will leave states with less money to meet their responsibilities.
State lawmakers should be ready.
itep.org/sharp-turn-i...
There are a range of federal actions coming together that will leave states with less money to meet their responsibilities.
State lawmakers should be ready.
itep.org/sharp-turn-i...
Reposted by Marco Guzman
Lowest-paid workers saw 15.3% real wage growth from 2019-2024, a notable reversal from historic trends.
This was no accident: government COVID relief measures, a tight labor market & low unemployment gave low-wage workers better job opportunities & leverage.
www.epi.org/publication/...
This was no accident: government COVID relief measures, a tight labor market & low unemployment gave low-wage workers better job opportunities & leverage.
www.epi.org/publication/...
Strong wage growth for low-wage workers bucks the historic trend
From 2019 to 2024, low-wage workers experienced historically fast real wage growth -- a tremendous 15.3%. Yet pay started at such a low point, they continue to suffer from wages grossly inadequate to ...
www.epi.org
March 24, 2025 at 7:52 PM
Lowest-paid workers saw 15.3% real wage growth from 2019-2024, a notable reversal from historic trends.
This was no accident: government COVID relief measures, a tight labor market & low unemployment gave low-wage workers better job opportunities & leverage.
www.epi.org/publication/...
This was no accident: government COVID relief measures, a tight labor market & low unemployment gave low-wage workers better job opportunities & leverage.
www.epi.org/publication/...
New from @itep.org...
Proposed Missouri Tax Shelter Would Aid the Wealthy, Anti-Abortion Centers Alike
In Missouri, donations to anti-abortion pregnancy resource centers come with state tax credits valued at 70 cents on the dollar. One bill currently being debated in the state would increase that match...
itep.org
March 7, 2025 at 9:11 PM
New from @itep.org...
Reposted by Marco Guzman
Make America a Tax Cheat Haven!
(AP) — The IRS is drafting plans to cut its workforce by as much as half through a mix of layoffs, attrition and incentivized buyouts, according to two people familiar with the situation.
@apnews.com
apnews.com/article/irs-...
@apnews.com
apnews.com/article/irs-...
The IRS is drafting plans to cut as much as half of its 90,000-person workforce, AP sources say
The IRS is drafting plans to try to cut its workforce of roughly 90,000 people in half through a mix of layoffs, attrition and incentivized buyouts, according to two people familiar with the situation...
apnews.com
March 5, 2025 at 1:30 AM
Make America a Tax Cheat Haven!
Reposted by Marco Guzman
The massive budget cuts to health care, food assistance, & other services approved by House Republicans this week promise enormous harm to communities from coast to coast, as frontline leaders in the states have been loudly trying to say. Let’s take a tour of some examples🧵
February 27, 2025 at 8:47 PM
The massive budget cuts to health care, food assistance, & other services approved by House Republicans this week promise enormous harm to communities from coast to coast, as frontline leaders in the states have been loudly trying to say. Let’s take a tour of some examples🧵
Reposted by Marco Guzman
IRS commissioners appointed by Reagan, H.W. Bush, Clinton, W. Bush, Obama, Trump, and Biden agree that Trump is making a huge mistake firing 6,700 IRS workers in the middle of tax season: www.nytimes.com/2025/02/24/o...
Opinion | Trump Just Fired 6,700 I.R.S. Workers in the Middle of Tax Season. That’s a Huge Mistake.
The Trump administration’s decision to fire over 6,000 I.R.S. workers will make the government less effective and less efficient, not more.
www.nytimes.com
February 24, 2025 at 2:35 PM
IRS commissioners appointed by Reagan, H.W. Bush, Clinton, W. Bush, Obama, Trump, and Biden agree that Trump is making a huge mistake firing 6,700 IRS workers in the middle of tax season: www.nytimes.com/2025/02/24/o...
Reposted by Marco Guzman
A stunner: Josh Allen is the MVP.
February 7, 2025 at 3:42 AM
A stunner: Josh Allen is the MVP.
Reposted by Marco Guzman
New analysis from dcfpi.bsky.social with @nickjohnson4.bsky.social on how DC can ensure all businesses operating in the District pay their fair share of taxes and boost the economy by instituting a Business Activity Tax. www.dcfpi.org/all/a-busine...
A Business Activity Tax Would Make DC’s Tax System More Equitable While Raising Revenue
By enacting a Business Activity Tax—a new, simple, broad-based value-added tax, DC would make business taxation fairer and more racially equitable while raising significant revenue for the District.
www.dcfpi.org
February 5, 2025 at 6:40 PM
New analysis from dcfpi.bsky.social with @nickjohnson4.bsky.social on how DC can ensure all businesses operating in the District pay their fair share of taxes and boost the economy by instituting a Business Activity Tax. www.dcfpi.org/all/a-busine...
Reposted by Marco Guzman
Trump's immigration crackdown is not about law & order. He has a vendetta against immigrants who followed the law, too
His EOs threaten to punish legal immigrants by doubling their taxes (invoking a never-used 1934 law); expatriating their kids; and blocking them from the US entirely
wapo.st/4hkbEB6
His EOs threaten to punish legal immigrants by doubling their taxes (invoking a never-used 1934 law); expatriating their kids; and blocking them from the US entirely
wapo.st/4hkbEB6
Opinion | Trump’s anti-immigrant vendetta starts with those here legally
He’s not just going after foreigners who break the law.
wapo.st
January 24, 2025 at 2:11 PM
Trump's immigration crackdown is not about law & order. He has a vendetta against immigrants who followed the law, too
His EOs threaten to punish legal immigrants by doubling their taxes (invoking a never-used 1934 law); expatriating their kids; and blocking them from the US entirely
wapo.st/4hkbEB6
His EOs threaten to punish legal immigrants by doubling their taxes (invoking a never-used 1934 law); expatriating their kids; and blocking them from the US entirely
wapo.st/4hkbEB6
What Mass Deportations Would Do to New York City’s Economy www.nytimes.com/2025/01/31/n...
What Mass Deportations Would Do to New York City’s Economy
Major industries like construction, child care and restaurants rely heavily on undocumented workers, who would be hard to replace, economists and employers say.
www.nytimes.com
January 31, 2025 at 3:35 PM
What Mass Deportations Would Do to New York City’s Economy www.nytimes.com/2025/01/31/n...
Reposted by Marco Guzman
Trump’s plan to make most of his 2017 tax law permanent would disproportionately benefit the richest Americans.
The plan includes all major provisions except the $10,000 SALT cap which Trump has indicated he would not extend. itep.org/trump-tax-la...
The plan includes all major provisions except the $10,000 SALT cap which Trump has indicated he would not extend. itep.org/trump-tax-la...
January 9, 2025 at 2:15 PM
Trump’s plan to make most of his 2017 tax law permanent would disproportionately benefit the richest Americans.
The plan includes all major provisions except the $10,000 SALT cap which Trump has indicated he would not extend. itep.org/trump-tax-la...
The plan includes all major provisions except the $10,000 SALT cap which Trump has indicated he would not extend. itep.org/trump-tax-la...
Reposted by Marco Guzman
New York Times Editor’s note: “Jimmy Carter died on Dec. 29, 2024. Roughly a year before he entered hospice care, he wrote his final New York Times Opinion essay. In it, he looked back on the Capitol riot and explained why he was so worried about American democracy.”
www.nytimes.com/2022/01/05/o...
www.nytimes.com/2022/01/05/o...
Opinion | Jimmy Carter: I Fear for Our Democracy (Gift Article)
Even established democracies can fall to military juntas and despots. We can’t let that happen here.
www.nytimes.com
December 30, 2024 at 3:56 AM
New York Times Editor’s note: “Jimmy Carter died on Dec. 29, 2024. Roughly a year before he entered hospice care, he wrote his final New York Times Opinion essay. In it, he looked back on the Capitol riot and explained why he was so worried about American democracy.”
www.nytimes.com/2022/01/05/o...
www.nytimes.com/2022/01/05/o...
My recent op-ed in The Hill
Undocumented immigrants pay more than their fair share of taxes
When measured as a share of their income, undocumented immigrants paid an average effective state and local tax rate of 8.9 percent.
thehill.com
December 26, 2024 at 3:13 PM
My recent op-ed in The Hill
Reposted by Marco Guzman
US public life is increasingly dominated by people whose ravenous, bottomless, frantic need for attention trumps any ideological, moral, or political principle.
Cenk Uygur of @theyoungturks.bsky.social at billionaire backed Turning Point USA event alongside millionaire CEO Charlie Kirk, a key Trump ally. Turning Point helped charter buses for J6 + mainstreams "the Great Replacement theory." Cenk says the group is "for real about fighting the establishment."
December 23, 2024 at 9:08 PM
US public life is increasingly dominated by people whose ravenous, bottomless, frantic need for attention trumps any ideological, moral, or political principle.
Reposted by Marco Guzman
NEW: A host of billionaires — sports team owners, oil barons, Wall Street traders and others — have managed to avoid paying a tax on investment income.
propub.li/41EtbPK
propub.li/41EtbPK
How Billionaires Have Sidestepped a Tax Aimed at the Rich
Wall Street financiers were a clear target of the tax, but some, on questionable legal grounds, have claimed their outsized profits were exempt, sometimes avoiding hundreds of millions in taxes.
propub.li
December 18, 2024 at 1:00 PM
NEW: A host of billionaires — sports team owners, oil barons, Wall Street traders and others — have managed to avoid paying a tax on investment income.
propub.li/41EtbPK
propub.li/41EtbPK