Build an Economy That Works for Every American

Raise the Minimum Wage to $15 Per Hour

All Americans deserve to be paid a fair and living wage for their work. By setting a federal minimum wage of $15 per hour, we can substantially reduce the number of people living paycheck-to-paycheck and who are struggling or failing to make ends meet.

Provide Free Childcare

To provide for their families, both parents in many households must earn wages. Moreover, many single parents cannot afford to stay home to care for their children or pay for daycare or babysitters. If families receive free childcare, more families will prosper. The economy would also expand due to an influx of workers with desirable skills, experience, and personality traits.

Invest in Free College and Vocational Training

We need to level the playing field for people from different income brackets seeking good jobs. In a competitive job market, a college degree is of immense value and can significantly increase income for graduates, but not everyone can afford to go to college. By providing free college for students, we can help end the cycle of poverty. Similarly, by paying for free vocational training, people who do not wish to go to college can still earn higher incomes.

Cancel Student Debt

Student debt can be an immense burden to both young college graduates and those still paying back college loans. Those paying back student loans often struggle just to pay their bills. By canceling student loan debt, we can help people begin to save money for retirement or spend it buying goods and services, expanding the economy.

Cancel Medical Debt

66.5 percent of all personal bankruptcies filed by Americans are tied to medical debt. Unlike debt caused by conspicuous consumption, medical debt is often unavoidable. Canceling medical debt will save hundreds of thousands of people from financial ruin.

Raise Taxes for People who Make Over $1,500,000 a Year

Inequality has skyrocketed in this country since the 1960s, and it has become an impediment to economic growth and free market efficiency according to cutting edge economics. In the 1950s and 1960s, the wealthy paid higher taxes, and our economy prospered. For everyone to profit from economic growth, those in high income brackets should pay more in taxes than the middle and working classes.

Establish a Wealth Tax

The very rich can keep most of their money in bank accounts where they accumulate interest instead of fueling the economy. By creating a wealth tax, some of that money will go back into the economy.

Make Sure Corporations Pay Their Fair Share of Taxes

Many corporations enjoy large profits and line the pockets of shareholders by doing business in the United States but use tax loopholes and offshore tax havens to avoid paying appropriate taxes to our country. We need an independent commission to study the entire tax code and identify ways corporations take advantage of loopholes to Congress, who can then pass legislation to end such cheating. Furthermore, we should require companies chartered in offshore tax havens that do at least fifty percent of their business in the U.S. to pay the same taxes as companies chartered in the U.S.