Posted on 04/28/2017 1:12:49 PM PDT by 2ndDivisionVet
Ro Khanna has a $1 trillion plan to fatten Americans wallets.
The newly elected member of Congress, who represents Silicon Valley, has become a loud progressive voice on the Hill during his brief tenure there. The way he sees it, Democrats have failed by not offering families a radical plan to end wage stagnation and bring prosperity to the middle class once again. He is working on a bill he believes will do just that, by boosting the Earned Income Tax Credit to provide as much as $6,000 a year for individuals and $12,000 for families. (That would roughly double the maximum payout for families, and increase it tenfold for childless workers.) The plan is being heralded as a move towards a universal basic income in the United States, and Khanna hopes to pair it with efforts to move federal jobs out of Washington, expand universities and colleges, and encourage investment in depressed communities. Such a moonshot effort is not going anywhere soon, he concedes. But it would at the very least demonstrate to voters that Democrats had something new and bold to offer them.
We spoke about what Obama did wrong, what Trump has done right, whether tech companies like Facebook should be broken up, whether deficits matter, and how to help coal miners in Kentucky, along with his tax proposal. The conversation has been edited for length and clarity....
(Excerpt) Read more at theatlantic.com ...
He wants to round up all the Silicon Valley Billionaires, take their Money and give it to the Working Folks?
What a guy.
Can I be first in line on the receiving end?
Paging Ten Years After, paging Ten Years After, please pickup the Congressional Democrats Courtesy Phone.
The commie left has always promoted wealth redistribution from those who earn it by the sweat of their brows to the lazy bums who want a free ride.
This is nothing new...
There is nothing stopping this jackwipe from giving his own money away. I would bet he is a stingy SOB who gives nothing to charity. As always with commies, it is all about OPM — Other Peopl’s Money.
He lives in one of the most expensive Zip code, Saratoga. He was trying to win election for last 20 yrs. He tried for Mayor, Council, State Congress, Congress, finally people got fed up and last year send him to DC after redistricting
She actually said that food stamps and welfare helps the economy, because people spend that money locally.
Good gawd.
How many working people's taxes went to "give" that person welfare and food stamps?
My guess is around $10 seized by Pelosi to "give" 1 dollar to the recipient.
These are the same liberal morons that think that breaking windows with rocks "helps" everyone.
The contractor who fixes the windows, the glass maker, the drivers who take workers to the jobsite, etc.
Yes real jobs created.
Except for the poor schlub who had his windows bashed in.
He has to pay for all of these great jobs that are "created".
Who speaks for the schlubs?
Dumb, then all prices will raise.
Eliminate the EITC completely and get the same effect, plus actual long term growth as well.
Didn’t he beat that other idiot Mike Honda in the primaries?
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