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Congratulations to our presumptive Democratic nominee, Joe Biden!
Democratic Primaries
In reply to the discussion: I'm a Liz Warren fan. Root problem: billionaires influencing politics. Warren will address this. [View all]https://elizabethwarren.com/issues/#rebuild-the-middle-class
That includes an Ultra-Millionaire Tax on Americas 75,000 richest families to produce trillions that can be used to build an economy that works for everyone, including universal childcare, student loan debt relief, and down payments on a Green New Deal and Medicare for All. And we can make a historic investment in housing that would bring down rents by 10% across America and create 1.5 million new jobs.
That includes an Ultra-Millionaire Tax on Americas 75,000 richest families to produce trillions that can be used to build an economy that works for everyone, including universal childcare, student loan debt relief, and down payments on a Green New Deal and Medicare for All. And we can make a historic investment in housing that would bring down rents by 10% across America and create 1.5 million new jobs.
https://slate.com/news-and-politics/2019/02/elizabeth-warren-2020-wealth-tax-constitutional.html
One of Sen. Elizabeth Warrens first proposals upon joining the 2020 presidential field was a wealth tax. Warren would impose an annual tax of 2 percent on family assets in excess of $50 million, which would increase to 3 percent for assets above $1 billion. Overall, this tax would hit 75,000 families in the country, who make up 0.01 percent of the population but hold 10 percent of the nations wealth. Warrens tax, if enacted, would be a major step in reversing the dramatic increase in the concentration of wealth that has occurred since the Reagan years.
One of Sen. Elizabeth Warrens first proposals upon joining the 2020 presidential field was a wealth tax. Warren would impose an annual tax of 2 percent on family assets in excess of $50 million, which would increase to 3 percent for assets above $1 billion. Overall, this tax would hit 75,000 families in the country, who make up 0.01 percent of the population but hold 10 percent of the nations wealth. Warrens tax, if enacted, would be a major step in reversing the dramatic increase in the concentration of wealth that has occurred since the Reagan years.
If I were to vote in a presidential
primary today, I would vote for: Joe Biden
primary today, I would vote for: Joe Biden
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I'm a Liz Warren fan. Root problem: billionaires influencing politics. Warren will address this. [View all]
EndGOPPropaganda
Feb 2019
OP
Tax policy has been used since the beginning of this country to shift wealth one way or the other.
wasupaloopa
Feb 2019
#3
Well said Wasu. Repeal the Reagan tax cuts is a great starting point to fix wealth inequality
onit2day
Feb 2019
#16
As a non-economist with only enough education to get myself into trouble in discussions
pecosbob
Feb 2019
#11
I agree: corporate power and rightwing institutions and media go hand in hand
EndGOPPropaganda
Feb 2019
#50
Yes. If Warren isn't pres I hope the pres works CLOSELY with her in the senate
EndGOPPropaganda
Feb 2019
#9
See, I believe Biden is the least electable but who repubs would most like to run against
onit2day
Feb 2019
#14
Sanders made this a major issue also and I love Warren. Hope all our candidates
onit2day
Feb 2019
#13
On the Issues is a reliable, objective source for an overview of a candidate's policy
lapucelle
Feb 2019
#28
I think the best fix is a 90% tax on the super wealthy. No one needs billions of $
demigoddess
Feb 2019
#36
Me too. She's sharp, she knows her stuff, and she knows how to play the political game.
backscatter712
Feb 2019
#45