MORE SPENDING:
Green New Deal:
By 2030,
reach 100%
carbon-neutral
power and 100%
zero-emission
new cars.
Retrofit “4%
of houses
and buildings
every year.
No More Fossil Fuels:
Ban fracking.
Halt new drilling leases
on federal land.
“Prohibit future
fossil fuel exports.”
” Give “workers
transitioning into
new industries”
a “guaranteed wage
and benefit parity”
and
“promised pensions and
early retirement benefits.”
K-12 Education:
Add $450 billion to Title I,
$200 billion for students
with disabilities,
$100 billion for
“excellence grants,”
and $50 billion
for school upgrades.
A “right” to child care:
Give "free" care to the
“millions of children”
whose households
are under
200% of poverty,
or $51,500 for
a family of four.
Free College:
“Give every American
the opportunity to attend
a two-year or four-year
public college without
paying a dime in tuition
or fees.”
Add $100 billion to Pell Grants,
and $50 billion for historically
black colleges, tribal schools
and more.
Student Debt Forgiveness:
Write off $50,000
for households
with incomes
under $100,000.
Housing:
Spend
$500 billion
“to build,
preserve,
and rehab”
millions of
affordable
housing units.
Unions:
Overturn
“so-called
‘right to work’
laws”
in 27 states.
Guarantee
public employees
an ability to
“bargain
collectively
in every state.”
Corporate Governance:
” Give workers
40% of board seats,"
and put CEOs under
“a new criminal
negligence standard.”
Antitrust:
Break up
Amazon,
Facebook
and Google.
“Unwind”
their mergers
with Whole Foods,
Instagram,
DoubleClick
and more.
Regulate as a
“platform utility” ,
any online
marketplace
with global
revenue of
$25 billion.”
Banking:
Pass
“a 21st Century
Glass-Steagall Act
that breaks up
the big banks.”
Gun Control:
Create a
“federal
licensing system
for the purchase
of any type of firearm
or ammunition.”
Raise taxes
to 30% on guns.
and 50% on ammo.
Pass a law to let
shooting victims
“hold the
manufacturer
of the weapon
that harmed them
strictly liable.”
Centralized Elections:
Use federal money to
“replace every voting
machine in the country.”
For federal elections,
mandate early voting
and same-day registration.
If state elections
follow the same rules,
they can be “fully funded
by the federal government,”
with
“a bonus for achieving
high voter turnout.”
Miscellaneous:
Spend $100 billion
“to end the opioid crisis,”
$85 billion
“to massively expand
broadband access,”
$25 billion on
“health professional
shortage areas,”
and $7 billion
“to close the gap
in startup capital
for entrepreneurs
of color.”
Double the
foreign service
and the
Peace Corps.
Medicare For All:
Mandate government
coverage for everyone,
including for illegal
immigrants,
with no copays
or deductibles.
Phase out
the private plans
of 170 million
Americans.
Pay doctors at
“Medicare rates”
and hospitals
at 110% of that.
Charge
companies
with at least
50 workers
an “Employer
Medicare
Contribution,”
equal to
98% of their
recent outlays
on health care,
while adjusting
for inflation
and changes
in staff size.
Social Security:
Increase benefits
by $2,400 a year,
across the board.
Raise them further
“for lower-income
families, women,
people with disabilities,
public-sector workers,
and people of color”
by changing “outdated”
rules that Ms. Warren
says disadvantage
them.
HIGHER TAXES:
Wealth Tax:
Tax net worth
over $50 million
at 2% a year,
and 6% a year
above $1 billion.
To prevent the rich
from yachting off,
add a 40%
“exit tax”,
on assets
over $50 million
upon renouncing
U.S. citizenship.
Global Corporate Tax:
Raise the top
business income
tax rate to 35%.
Apply this as a
world-wide minimum
on overseas earnings
by U.S. companies.
Businesses would
“pay the difference
between the minimum tax
and the rate in the countries
where they book their profits.”
Apply a similar
minimum tax
to foreign companies,
prorated by the share
of their sales made i
n the U.S.
Corporate Surtax:
Tax all profits
over $100 million
at a new 7% rate,
without exemptions.
This would go on top of
the regular corporate
tax rate.
Slower expensing:
“Our current tax system
lets companies deduct
the cost of certain
investments they make
in assets faster than
those assets actually
lose value.”
Higher Capital Gains Taxes:
Tax the investment gains,
of the wealthiest 1%,
as ordinary income,
meaning rates near 40%
instead of today’s 23.8%.
Apply the tax
annually
on gains via a
“mark to market”
system, even if
the asset has not
been sold.
Finance Taxes:
Tax the sale of bonds,
stocks, etc. at 0.1%.
Individual Income Tax Hikes:
Ms. Warren’s
clean-energy plan is
“paid for by reversing
“paid for by reversing
Trump’s tax cuts for the
wealthiest individuals
and giant corporations.”
Lobbying Tax:
Tax “excessive lobbying”
(over $500,000 a year)
at rates up to 75%.
