Fact Sheet: Visualizing the Home Insurance Crisis in Nebraska

AFR shared maps and statistics on climate change’s impact on homeowners insurance in Nebraska’s first congressional district with the House Financial Services Committee’s Housing and Insurance Subcommittee. The post Fact Sheet: Visualizing the Home Insurance Crisis in Nebraska appeared first on Americans for Financial Reform.

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Fact Sheet: Slashing CFPB Budget to Fund Tax Cuts for Billionaires Would Gut the Agency, Increase Ripoffs and Fraud, and Let Financial Predators off the Hook

The Republican Congress has proposed severe budget cuts to the CFPB that prevents the agency from fulfilling its statutory mandates to protect people. The attempt to shut down the CFPB protects powerful banks, predatory lenders, and tech billionaires instead of standing up for people all to help pay for tax cuts for the rich. The […]

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Fact Sheet: Taxing Stock Buybacks Strengthens the Real Economy

Increasing the tax on corporate stock buybacks encourages investments in the real economy, discourages excessive executive compensation that widens economic inequality, and raises funds to protect healthcare, nutrition, and other programs that help working families. Raising the buybacks tax to 4 percent would generate $166 billion in revenue over the next decade, and encourage companies […]

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Fact Sheet: Proposed Capital One-Discover Merger Fails to Meet Bank Merger Act Requirements

The proposed acquisition of Discover by Capital One would create the sixth-largest bank in the United States, with $624 billion in domestic assets. This transaction fails to meet the public interest conditions under the Bank Merger Act that directs banking regulators to reject mergers, like the Capital One-Discover transaction, that fail to further the convenience […]

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Fact Sheet: Antitrust Implications of the Proposed Capital One-Discover Merger

The proposed Capital One takeover of Discover would create a mammoth bank that would undermine competition, raise prices, and harm consumers. The merger would create the biggest credit card lender — holding nearly one-third of credit card loans to consumers with non-prime credit scores — and put Capital One in a position to use its market power […]

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Fact Sheet: The carried interest loophole is a tax dodge for super-rich private equity executives

View or download a PDF version here. The carried interest tax loophole is an income tax avoidance scheme that allows private equity and hedge fund executives — some of the richest people in the world — to substantially lower the amount they pay in taxes. The carried interest loophole allows private equity barons to claim […]

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