Our Fair Share Tax Agenda

For too long, our tax policies have allowed corporations and billionaires to get away with skirting the rules and evading taxes. Meanwhile, we’ve failed to provide for Americans’ basic needs like healthcare and Social Security while forcing workers to subsidize handouts for billionaires. Abdul believes our tax policy should serve these key goals: 

• Taxing billionaire wealth to reduce billionaire power over our economy and democracy 
• Stopping corporate tax evasion and price gouging
• Rewarding companies that keep human jobs, rather than outsourcing to AI

Taxing billionaire wealth.

Extreme wealth is an existential threat to our economy and our democracy and it demands a crisis-level response. Abdul supports taxing billionaire wealth akin to policies proposed by Sen. Bernie Sanders, Rep. Ro Khanna, and Sen. Elizabeth Warren and will champion proposals that will reduce the wealth and power of the ultra-rich and return it to working people.

These taxes should support better pay for teachers, healthcare expansion through Medicare for All, direct cash transfers, capping childcare costs, eliminating medical debt and other domestic priorities. To understand what taxing billionaire wealth could provide us, we created a simple calculator.