FCAN's Campaign for Jobs and Responsible Taxes
President Obama and Congress agree to extend Unimployment Benefits and the Payroll Tax Cut. Read our press release here.SIGN THE PETITION TO RENEW UNEMPLOYMENT BENEFITS!
FCAN is calling upon Congress to make sure the
wealthiest Americans pay their fair share so that we can create jobs, restore our economy and make America strong again.
During the Bush Administration, unregulated businesses and the wealthiest Americans were handed a free ride in the form of trillions of dollars in tax cuts. These tax cuts are a primary cause of the deficits we face today. The effective tax rate for the wealthiest 400 Americans has dropped from 29 percent to under 17 percent over the past 15 years. Meanwhile, the gap between the wealthiest Americans and the rest of us has grown wider.
Repeal tax cuts for the wealthiest
We are working to repeal the Bush-era tax cuts for the wealthiest Americans, reinstate the estate tax to at least 2009 levels, close tax loopholes and inform Americans and their elected officials about the importance of responsible tax and budget policies. Congress must allow the 2001 and 2003 tax breaks for the wealthiest Americans to expire as scheduled and it must close tax loopholes for overseas earnings, oil and gas companies and investment fund managers.
Create Good Jobs
We support the Local Jobs for America Act (HR 4812) which would immediately create one million jobs. FCAN is urging support of an extension of FMAP which is federal aid to the states. Without this extension, most states will have to lay off tens of thousands of additional teachers and other public employees, cut education funding more sharply and further reduce payments to health care providers and other private firms.
The Center on Budget and Policy Priorities estimates that without more federal aid, state budget-cutting actions could cost the national economy another 900,000 public and private sector jobs. Already, states have cut 231,000 jobs since 2008, including 22,000 jobs in May alone.
Continue Unemployment Benefits
Some in Congress have stood in the way of helping unemployed Americans. 8 million Americans who have lost their jobs since the beginning of the Great Recession and 15 million Americans overall are out of work. The most effective way to address deficit reduction is by rejuvenating the economy, which would return these of workers to the tax rolls. But these workers and their families need their benefits while they wait for the economy to come back.
FCAN hosts "Jobs For Floridians Forum"
Panelists include Tampa City Councilman John Dingfelder, Cheryl Schroeder (AFL-CIO,) Bill Newton (FCAN,) Jeff Harrington (St Petersburg Times,) and Carla Jimenez (Inkwood Books.)
Other videos available on FCAN's You Tube channel
5 Point Plan For Creating Jobs
The current jobs crisis is not just an economic crisis, but a moral one as
well. To address this emergency, a sweeping coalition of over 60 national
organizations has come together to form Jobs for America Now. As part of the
coalition's efforts to spur job creation and put America back to work, FCAN
supports a five-pronged approach to creating jobs in the short-term and
ending the unemployment crisis. Read details at the
Economic Policy Institute.
1. Strengthen the safety net and provide relief for those directly impacted by the recession.
By strengthening and extending safety-net services such as unemployment compensation, COBRA continuation and nutrition assistance, we will not only help those impacted by the recession, but we will also boost demand and spur job creation.
2. Provide fiscal relief to the states.
Providing fiscal relief to states will help states and localities avoid jobs and service cuts, thereby preventing layoffs. Otherwise, economic recovery will be plagued by cutbacks in state spending and public employee job losses. Given the anticipated highs in state budget gaps, federal revenue sharing is especially critical.
We must enact the second round of fiscal assistance immediately as states and localities begin to plan their budgets for the coming year. Additionally, along with funding for health services like clinics and IT along with funding for new health care reform obligations under Medicaid need to be fully funded.
3. Progressive taxes/revenue to finance job creation and economic recovery.
In order to invest in job creation and economic recovery, we must enact tax increases on the wealthiest individuals and corporations who have reaped the benefits when the economy was healthy. For example, the expiration of the Bush tax cuts on wealthy Americans and estates should be a major revenue source for job creation and state fiscal relief. In addition, the financial transaction tax would transfer wealth from the financial sector into investments in job creation.
Progressive financing should be combined with reductions in unnecessary and counter-productive military spending.
4. Direct creation of public service jobs.
To directly create jobs in a cost-effective manner, we must invest in the direct creation of public service jobs in the public- and nonprofit-sector that benefit local communities and make productive use of human capital. To be most effective, these programs should be targeted at communities hit hardest by unemployment. These jobs should be available to every unemployed worker and pay prevailing wages. Moreover, we must guard against the displacement of public employees.
The types of work may vary, depending on the communities’ need. Examples include environmental clean-up, stream restoration, community policing, before- and after-school care of children, demolition or boarding up of abandoned houses and buildings, parks improvements, home health care and preservation of historic buildings. In addition, health care implementation will provide an opportunity for job creation in many communities.
5. Investments on infrastructure, especially school construction, maintenance, and repair.
We can and must create jobs by meeting the tremendous need for repairing our nation’s infrastructure. The nation’s schools, for example, could quickly and effectively spend $10 billion on repairs and maintenance, which would effectively provide jobs for 1.5 million construction workers along with the countless other unemployed workers in the supplier industries and those generated when the newly-employed spend their salaries. Additionally, Congress must take action on the transportation reauthorizations in the Clean Water Act which will create hundreds of thousands of jobs in construction, manufacturing, design and engineering.
Extending Unemployment Benefits
When reckless Wall Street gambling collapsed the economy, the U.S. government stepped in with $14 trillion in emergency funds, loans and guarantees for the big banks on Wall Street. The banks are bouncing back and paying record bonuses this year.
But here on Main Street things are not so rosy. In December, 85,000 Americans lost their jobs. 26 million people are now without jobs or the full-time work they need to support their families.
In March, one million Americans will lose their unemployment insurance unless Congress acts. That number will grow steeply in the months that follow, driving even more families into bankruptcy and weakening an already fragile economy.
Unemployment insurance has a strong stimulus effect. Mark Zandi of Moody’s economy.com estimates that for every $1 in UI benefits the government spends, it creates $1.69 in economic stimulus in the communities where recipients live. Were this money to stop flowing through local supermarkets, pharmacies, utility providers, mortgage companies/banks, the impact would be devastating. The Economic Policy Institute estimates that failure to extend these benefits through the end of 2010 could result in job loss of up to 800,000 people nation-wide.
Stop the bleeding! Please write your member of Congress today.
Ask them to:
take swift action to reauthorize unemployment insurance
for those on the program now
make job creation your top priority in 2010.