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Reduce Income Inequality

 

“Our ability to stop this crushing inequality now may very well be how history judges America hundreds of years from now.”

- Zak Ringelstein -

 

We live in a time of historic economic disparity and we are sad to admit that the American Dream has increasingly become a privilege that only wealthy Americans can access. The 1% have more money than ever — 38% of all wealth, to be exact — and hard-working Mainers keep getting a smaller and smaller piece of the pie even though we are working harder than ever before. 

Our plan to reduce income inequality includes:

  1. Getting big money's influence out of politics;

  2. Cutting taxes for the working class and small businesses, and making the rich pay their fair share;

  3. Ending tax loopholes for big corporations;

  4. Increasing the federal minimum wage to $15/hour and creating a rule that allows minimum wage to rise with inflation; 

  5. Getting tough on federal anti-trust laws

  6. Encouraging investment in entrepreneurship, innovation, and research and development; 

  7. Giving American workers more vacation time, more sick leave, and better pay standards

  8. Empowering communities to create tougher local laws against multinational corporations; 

  9. Protecting our economy from harmful international trade agreements, specifically NAFTA;

  10. Investing in better public schools for all American children;

  11. Investing in research-backed early childhood and in-home/community education programs;

  12. Making college affordable and ending the era of crippling college debt;

  13. Creating an effective single-payer healthcare system;

  14. Making financial literacy a public school course that bears equal importance with traditional classes like math and English; 

  15. Investing in adult education and career counseling programs for Americans who want or need to switch careers; 

  16. Creating a federal law protecting net neutrality;

  17. Restoring Glass-Steagall to break up large banks;

  18. Giving all workers the right to organize and collectively negotiate in the workplace;

  19. Creating a participatory budgeting framework on the local, national and state levels of government; and,

  20. Ending agricultural monopolies to benefit local farms and give consumers healthier native crop options.