Income Equality

Sunday, January 28th, 2018

I commit to legislation that empowers citizen protections and holds bad actors accountable.

Lots of folks in America are feeling that the economy isn’t working for them and that extreme inequality is becoming the rule rather than the exception — the scales have been tipped towards the connected and the powerful.

America’s strength and prosperity is driven by its middle class. In 1980, when the middle class was still strong, those in the top 1% made 27 times more than folks in the bottom 50%. Today America’s top 1% makes 81 times more than the bottom 50%. Their income has grown by over 200% while income for the bottom remains unchanged at about $16,000. The middle class is withering on the vine.

Since 1980, America has seen citizen protections dismantled by efforts favoring special interests over ordinary folks:
• progressive taxation that levels the playing field has been replaced by a tax code that favors the wealthy
• laws protecting people against the excesses of industry, especially in the financial services industry, have been dismantled
• union bargaining power has been weakened and Congress has failed to change a stubbornly low minimum wage.

Data and analysis show that income inequality is largely the result of these policies. As your Congressman, I will fight for citizen protections and reversing the failed policies of the past. Just as importantly, I’ll push that bad actors be brought to justice so folks understand that protecting the middle class and leveling the playing field are Job #1.