Digest: Women and Wealth, Tax Reform Campaign, Microenterprise and More!
New Report: How Assets Shape Economic Well-Being for Women
Caregiving responsibilities and changes in household composition, such as divorce or separation, create financial challenges that disproportionately affect women. The seventh brief in the Leveraging Mobility series, “Tipping the Scale: How Assets Shape Economic Wellbeing for Women and Families,” examines how families leverage neighborhood, institutional, and personal resources to protect against these gendered, wealth-stripping forces.
Save the date: Join us on December 10 at 11:00 a.m. PT, 2:00 p.m. ET, for dynamic webinar to discuss this new research with IASP and other experts in the field.
New National Campaign for Tax Reform
CFED kicked off a new campaign this month to engage advocates across the country in tax reform. The new website TurnItRightSideUp.org explains the ways in which our tax code is "upside down" – offering too many benefits to those whom are already wealthy, and too few benefits for those who need it most. A new animated video simplifies the tax issues we face. Turn It Right-Side Up will amplify the voices of the low-wage workers and advocates who, by sharing their powerful stories, can effect meaningful change. PolicyLink and CFED are the co-chairs of the Tax Alliance for Economic Mobility, a national coalition working to advance equitable tax policy.
Click here to watch a new video and learn about how the upside-down tax code impacts families in your community.
New Report: How Microenterprise Can Help Close the Racial Wealth Gap
Micro- and small- business development strategies can help tackle the growing racial wealth gap in the United States, according to Asset Funders Network's new Strategy Spotlight Narrowing the Racial Wealth Gap through Business Ownership, co-written by Joyce Klein, director of FIELD at the Aspen Institute, with support from Capital One. Because lower levels of business and financial assets held by African American and Latino households are one of the key reasons for the racial wealth gap, the paper suggests that business ownership may be an important means to narrow the gap.
In Case You Missed It…
Join us on Twitter @access2assets on Wealth Gap Wednesdays!
Join us today and every Wednesday in lifting up solutions, strategies, and new research by tweeting and sending the Access team news, research, infographics, and any related information for us to share via social media and on our website. We hope that you can join us in using the hashtag #wealthgapweds as you tweet out your messages on financial security-related issues.