Restore the Middle Class and Reduce Wealth Disparity

 

America now has more wealth and income inequality than any other major developed country on earth, with the gap between the richest and poorest Americans wider than at any time since the Great Depression. Despite huge advancements in technology and productivity, millions of Americans are working longer hours for lower wages.

To fight income inequality we must do several things at once.

We must demand that the wealthy and large corporations pay their fair share in taxes.

We must increase the federal minimum wage from $7.25 to $15 an hour by 2020.

Public colleges and universities throughout America must be debt free and tuition free.

We must expand Social Security by lifting the cap on taxable income above $250,000.

Healthcare must be guaranteed as a right of citizenship by enacting a Medicare-for-All, single-payer healthcare system.

And we must break up huge financial institutions so that they are no longer too big to fail. One solution can be public banks, which help to ensure reinvestment into the state and local communities.