Thursday, February 22nd, 2018
10:00 - 11:00 AM PT / 1:00 - 2:00 PM
The recently passed Tax Cuts and Jobs Act (TCJA) is making headline news. A sweeping update to the US tax code, the TCJA slashes taxes for corporations and the wealthiest individuals, and provides for expected windfalls to investors. The Tax Policy Center estimates that the top 1% of income earners will get more than 20% of the total value of the tax cuts, roughly equaling the same amount as the bottom 60%. The TCJA comes at a time when income inequality is at a staggering high; income inequality in the United States is among the highest of all rich countries. With the impact of the TCJA and new cuts to government programs on the horizon, the outlook is precarious for low and middle income families in the US. What do impact investors need to know about the TCJA? How can impact investors take action to support workers and reduce income inequality?
Join Confluence and the Active Owners Working Group for a critical conversation about the TCJA and its affect on the long-term financial health of the country. Learn how impact investors can use the tools of shareholder advocacy to influence corporations to use additional revenues resulting from the TCJA to create a more equitable workforce - new jobs, increased wages and better benefits for workers.
- Ryan Alexander, President, Taxpayers for Common Sense
- Seth Hanlon, Senior Fellow, Center for American Progress
- Fran Seegull, Executive Director, US Impact Investing Alliance
- Tim Smith, Director of ESG Shareowner Engagement, Walden Asset Management (moderator)
- Tom Van Dyck, Managing Director – Financial Advisor, RBC Wealth Management