This is the #DemPartyPlatform for 2020. This section is called: Leveling the Economic Playing Field & Reforming the Tax Code to Benefit Working Families Only one party has a specific plan for rebuilding the great American #MiddleClass and helping all #WorkingFamilies. 1/11
The U.S. economy is rigged against the American people. Time after time, President Trump and the Republicans have rewarded big corporations and their wealthy donors, and left working families behind. 2/11 #DemPartyPlatform#WorkingFamilies#EconomicJustice
#Democrats will take decisive action to level the playing field for people of color, working families, women, small business owners, and others who have been left on the sidelines.3/11 #DemPartyPlatform#EconomicJustice
Our tax system has been rigged against the American people by big corporations and their lobbyists, and by Republican politicians who dole out tax cuts to their biggest donors while leaving working families to struggle.4/11 #DemPartyPlatform#WorkingFamilies
#Democrats will take action to reverse the Trump Administration’s tax cuts benefiting the wealthiest Americans and rewarding corporations for shipping American jobs overseas. 5/11 #DemPartyPlatform#Offshoring
#Democrats will crack down on overseas tax havens and close loopholes that are exploited by the wealthiest Americans and biggest corporations. 6/11 #DemPartyPlatform#TaxReform
#Democrats will make sure the wealthy pay their fair share in taxes. We will make sure investors pay the same tax rates as workers and bring an end to expensive and unproductive tax loopholes, including the carried interest loophole. 7/11 #DemPartyPlatform#TaxReform
Corporate tax rates, which were cut sharply by the 2017 Republican tax cut, must be raised, and “trickle-down” tax cuts must be rejected. Estate taxes should also be raised back to the historical norm.8/11 (Cartoon by Toles) #DemPartyPlatform#TaxReform
#Democrats will reform the tax code to be more progressive and equitable, and reduce barriers for working families to benefit from targeted tax breaks, including the Earned Income Tax Credit and the Child Tax Credit. 9/11 #DemPartyPlatform#TaxReform
The #Democratic program of reform will provide immediate, marked relief for working families, including more generous, refundable tax credits to benefit low- and middle-income families, 10/11 #DemPartyPlatform#TaxReform
#Democrats will work for easier and more equitable access to tax provisions that help working families build wealth, including by equalizing tax benefits for retirement contributions and providing more accessible tax breaks for homeownership.11/11 #DemPartyPlatform#TaxReform
• • •
Missing some Tweet in this thread? You can try to
force a refresh
Today, corporate consolidation is allowing companies to keep raking in historic profits, while continuing to raise prices for working families. 1/13 #DemPartyPlatform2024 #CorporateConsolidation #DemocratsDeliver #HarrisWalz2024
In the two decades before President Biden & VP Harris came to office, three-quarters of American industries grew more concentrated. As the President often says, capitalism without competition isn't capitalism, it's exploitation. 2/13 #DemPartyPlatform2024 #Competition #DemsAct
And the American people are tired of being played for suckers.The Biden/Harris Administration has taken historic steps to boost competition across our economy, in fields from finance and farming to technology and transportation. 3/13
#DemPartyPlatform2024 #HarrisWalz2024
American farmers are the backbone of our country. They feed America, and help feed the world. But over the years, trickle-down economics has hit rural America hard. 1/13 #DemPartyPlatform2024 #farmers #agriculture #HarrisWalz2024
#Farming costs have gone up & incomes have gone down.Big Agriculture moved in,telling too many small farms that the surest path to success was to get big or get out. As a result, we lost over 400,000 farms in the last 40 years, & rural communities have paid a steep price. 2/13
Too many young people have had to leave their hometowns to find good-paying work & a shot at their dreams.
#Democrats believe that no one should have to leave the community where they grew up just to find opportunity. 3/13 #DemPartyPlatform2024 #Agriculture #YoungPeople
At the start of the Biden-Harris Administration, in the midst of the worst economic crisis in 100 years, experts feared a stagnating recovery and even worried about a new recession. 1/11 #DemPartyPlatform #HarrisWalz2024
But #Democrats chose to put workers first, and instead of recession, America has seen remarkable strength and resilience. Our economy grew by 3.1 percent last year – the fastest rate of any major economy in the world. 2/11 #DemPartyPlatform2024 #HarrisWalz2024 #EconomyMatters
#Democrats added nearly 16 million jobs – not only recovering all the positions lost during Trump's botched handling of COVID, but also adding 6.3 million more than existed before the pandemic – surpassing pre-pandemic projections for the labor market. 3/11 #HarrisWalz2024
There are many of @HC_Richardson “Letters from An American” that should be highlighted. This one is of vital importance because it summarizes where we find ourselves today as we #resist those who mean to strip our rights, protections & freedom. open.substack.com/pub/heathercox…
1/23
According to the nonpartisan Economic Policy Institute, legislatures in at least ten states have set out to weaken federal child labor laws. 2/23 #PayAttentionAmerica#ChildLabor
In the first three months of 2023, legislators in IA,MN,MS,NE,OH & SD introduced bills to weaken the regulations that protect children in the workplace & in March, Arkansas governor Sarah Huckabee Sanders signed a law repealing restrictions for workers younger than 16. 3/23
STATEMENT from #WhiteHouse PLEASE read!>>Congressional Republicans have laid out their mega MAGA trickle-down economic plan clearly. Their economic plan will raise costs and make inflation worse. Their five part plan includes:
1/24 #BlueIn22#RepublicansAreHarmfulToAmericans
“GOP wants to push to extend Trump tax cuts… Republican lawmakers gear up to push 2017 tax law after midterm elections, despite potential impact on inflation.” Washington Post 10/17/22 #RepublicansAreTheProblem#VoteBlueIn2022
#Thread Below is a statement from Sarah Jaynes, a key advisor to the Winning Jobs Narrative project and the Executive Director of the Rural Democracy Initiative: 1/11 #RuralDemocracyInitiative
Voters in small cities and rural communities are working people, through and through. They believe in their communities and in this country, even when the country fails to prioritize them and rural economies struggle. 2/11 #RuralVoters#DemPriorities#WorkingAmerica
Some right wing leaders have tried to exploit the economic anxiety that many rural Americans justifiably feel.But the Biden Administration & current Congressional majority have taken action with the greatest investments in rural America in the last 50 years. 3/11 #DemPriorities