CPAacademy, RACE, WEALTH, AND U.S. TAX POLICY: WHO BENEFITS FROM AND WHO BEARS TAX BURDENS?:

For generations, tax policy has played a significant role in shaping economic opportunity, wealth accumulation, and financial security in America. This webinar examines how key features of the U.S. tax system—including preferential treatment for inherited wealth, gifts, and capital income—have contributed to growing income and wealth disparities, particularly across racial and ethnic groups.

With the recent passage of H.R. 1, the One Big Beautiful Bill Act (OBBBA), these issues have taken on renewed importance. Drawing on the latest empirical research, the presenters will explore how OBBBA may affect the distribution of tax benefits and burdens, who stands to gain, and the implications for economic mobility and wealth inequality.

Led by two nationally recognized Black women tax scholars, this webinar brings perspectives that have historically been underrepresented in tax policy debates while drawing on rigorous empirical research and deep expertise in tax law, wealth inequality, and economic justice.

Instructor(s): Brakeyshia Samms, Senior Analyst, Cross Cutting Research Team, and LaToya B. Parker, Director of Tax Policy and Wealth

Moderator: Francine Lipman, William S. Boyd Professor Of Law, Las Vegas

Participants will also consider alternative approaches to tax policy that could raise revenue more equitably and learn about innovative analytical tools for evaluating whether tax systems advance fairness, opportunity, and economic justice.