What People of Color Should Know About Tax Cut and Deficit Reduction Proposals
(Huffington Post) — A lot has been said about the proposed tax giveaway to the wealthiest Americans and the austerity measures recommended by President Obama’s deficit commission. However, an analysis of the impact that both proposals would have on black and brown Americans has been missing from the conversation. U.S. Census Bureau projections show that the nation is expected to become majority-minority by the year 2042. And, although Census figures indicate that people of color will comprise about 42 percent of the elderly population by 2050, they are likely to become a majority of older adults by the year 2070.
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