Remember, most income is taxable – that includes unemployment income, income from the gig economy, and virtual currencies. You can use the IRS’s Tax Withholding Estimator to help you assess whether you need to make any changes. The agency suggests checking your pay stub now to make sure the correct amount is being withheld. The IRS says a mid-summer tax checkup can prevent surprise tax bills down the road. Here are five money moves to make this summer that will keep you on track. This represents 87.4% of available private prison financing.You may have made some good-intentioned financial resolutions back in January, but now that we’re a little more than halfway through the year, it’s time to check up on your financial goals and, if necessary, correct your course. Since the beginning of the campaign, JPMorgan Chase, Wells Fargo, Bank of America, SunTrust, BNP Paribas, Fifth Third Bank, and PNC have publicly committed to ending their financial ties with private prisons. Since private prisons have historically relied on “Real Estate Investment Trusts,” which are tied with bank credit lines and term loans, banks have a large impact on their day-to-day needs. She urged consumers to “break up” with their banks if their banks did not commit to ending ties with private prisons. Lastly, Jasmine appealed directly to consumers, everyday investors who may not be aware that their money can make a difference. Jasmine joined this campaign by working on the campaign strategy and execution. Their activism varies from public protests to conversations with corporations and investors. This committee, consisting of over 100 grassroots organizations around the country, works towards ending for-profit detention centers. The horrible treatment of migrants and the forced separation of families gained global attention during the past four years, helping to prompt the #FamiliesBelongTogether Corporate Accountability Committee. The second part of her project directly worked on the issue of for-profit immigration centers. They drew attention to the problem and led the charge in divestment. Influencers publicly divested from private prison stock and committed to keeping private prisons out of their portfolios. Through these initiatives, Jasmine was able to help others ethically and sustainably invest their money, while also adding to the anti-privatization movement in prison and detention center industries. In addition to educating consumers and investors about the ties that their money may have with private prisons, she campaigned against for-profit detention centers at the US- Mexico border and against private prison financing. Jasmine aimed to address this problem on multiple fronts. However, most people do not know that their money has been used to invest in these prisons through major banks.

Private prisons as institutions, as well as their use of prison labor, have been called the modern form of slavery in the United States.

This industry has expanded to immigrant detention centers, meaning that there is a clear economic incentive to keep people incarcerated. It can be said that mass incarceration in the United States has caused, and has been caused by, private prisons.

Senior Fellow Jasmine Rashid decided to tackle this problem with her Action Project, “Real Money Moves.” She began Real Money Moves with mass incarceration and immigrant rights in mind, aware that the way we invest our money is powerful. Investments and financial planning are often seen as unapproachable issues, especially when the overwhelming majority of the conventional investing methods are removed from local impact and social justice.

Money moves logo