Copyright Jen Perelman 2020

ECONOMIC REFORM

The United States currently has the greatest level of wealth inequality since the “Gilded Era.” The three richest people in this country have more wealth than the bottom 50% of the population. In addition, there is nowhere in this country where a person who works full-time at minimum wage can afford to live. People should not have to work three jobs and drive an Uber in order to make ends meet, especially when their employers are making record profits. Furthermore, we cannot expect to have a thriving economy when our “consumers” do not have any disposable income. We need to strive for an economy that values and respects its labor force by treating workers fairly and participating in trade agreements that are in their best interest.

 

Jen supports:

  • Closing tax loopholes that benefit the wealthy and large corporations.

  • Eliminating the income cap on Social Security so that millionaires and billionaires pay more into the system.

  • Substantially increasing the top marginal tax rate on incomes above $10 million.

  • Raising the minimum wage to a “living wage” (at least $15/hour)

  • Capping interest rates at 15% to curb exploitative lending practices that cripple working people and disproportionately affect communities of color.

  • Offering basic and affordable banking services through the postal system to curb the racial and socioeconomic disparities regarding access to banking.

  • Providing federal loans and grants to municipalities and counties for the construction of affordable housing.

  • Providing all workers paid family and medical leave, paid sick leave and paid vacation.

  • Providing free childcare for children aged six months to three years that would be run by local school districts and overseen by the federal government.

  • Providing a Social Security child-care benefit to parents who choose to care for their children at home.

  • Repealing “Right to Work” laws through federal legislation.

  • Strengthening the power of labor by making it easier for workers to join unions, and supporting policy that requires labor representation on corporate boards.

  • Eliminating the provisions in our current trade and tax agreements that make it easier for multinational corporations to ship jobs overseas.

  • Making sure that strong and binding labor, environmental, and human rights standards are written into the core text of all trade agreements.