April 22, 2015: Building Financially Secure Futures for Boys and Men of Color; and Improving Tax Code for Low- and Moderate-Income Families

New Brief — Building Financially Secure Futures: An Approach for Boys and Men of Color

National demographic trends indicate that people of color will soon become the majority. Yet historically, people of color have not been able to build generational wealth. A new brief from PolicyLink, Building Financially Secure Futures: An Approach for Boys and Men of Color, underscores the growing racial wealth gap in the context of a changing America. It examines the economic and financial challenges facing boys and men of color over the course of a lifetime, and lifts up asset-building strategies that can be integrated with targeted services for this group. It also highlights successful practices that are already working at a community level for this population, and draws from these practices to inform a set of policy recommendations.

Check out our webinar archive, "Understanding the Role of Assets in Efforts for Boys and Men of Color," which discusses this very important issue and new brief.

How the Tax Code Could be Improved to Benefit Low- and Moderate-Income Households

The Tax Alliance for Economic Mobility, co-chaired by CFED and PolicyLink, brings together representatives from more than 30 diverse groups with a shared commitment to advancing inclusive, progressive, and equitable tax policies. Today, Tax Alliance members are working together to advance federal tax policies that strengthen economic mobility, ensure sustained economic security and support low- and moderate-income people and communities of color to build financial assets through reform of the tax code.

Last week, the Alliance submitted a comment letter to two of the Senate Finance Committee’s tax reform working groups –  laying out how the tax code could be improved to benefit low- and moderate-income households.

Click here to learn more.

Report: Financialization and Equal Opportunity

The recent report by Wallace Tuberville, Financialization & Equal Opportunity,  “makes a case for ‘de-financialization’ of our economy, from a standpoint of equal opportunity, increased middle and lower-incomes, job creation, and sustainable economic growth.” 

Learn more about this work or download a copy of the report.

In the News…In Case You Missed It

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