Howie Hawkins in Truthout.org political website


On Energy & Oil: Green New Deal can close racial income gap

The Green New Deal can close racial income and wealth gaps by empowering racially-oppressed communities through community control of Green New Deal programs so these communities are no longer subject to discrimination and exploitation by outside employers, landlords, real estate agents, and other gatekeepers. In addition, HR 40 for a Commission to Study and Develop Reparation Proposals for African-Americans should be enacted to find the best way to create individual and collective wealth to compensate for hundreds of years of unpaid and underpaid labor.
Source: Truthout.org on 2020 presidential hopefuls Apr 19, 2019

On Budget & Economy: Income gap between rich and everyone else has grown

The income gap between the rich and everyone else has been growing markedly. As of 2017, the richest 0.1% take in 188 times as much income as the bottom 90%. Between 1979 and 2007, paycheck income for the richest 1% and 0.1% exploded. Meanwhile, the bottom 90% of earners have seen little change in their average income, with just a 22% increase from 1979 to 2017. An estimated 43.5% of the population are either poor or low-income, according to the U.S. Bureau of Labor Statistics.
Source: Truthout, "Popular Resistance" on 2020 presidential hopefuls Apr 19, 2019

On Budget & Economy: Income gap between rich and everyone else has grown

The income gap between the rich and everyone else has been growing markedly. As of 2017, the richest 0.1% take in 188 times as much income as the bottom 90%. Between 1979 and 2007, paycheck income for the richest 1% and 0.1% exploded. Meanwhile, the bottom 90% of earners have seen little change in their average income, with just a 22% increase from 1979 to 2017. An estimated 43.5% of the population are either poor or low-income, according to the U.S. Bureau of Labor Statistics.
Source: Truthout.org on 2020 presidential hopefuls Apr 19, 2019

On Social Security: The most regressive tax of all is the FICA payroll tax

The most regressive tax of all is the FICA payroll tax at 15.3 percent for Social Security and Medicare. 15.3 percent includes the employer match. But employers include the tax in their labor budgets and it limits what they can pay their workers. The 12.4 percent Social Security share of FICA is outright regressive because it is capped for high-income earners at $128,400 in 2018.
Source: Truthout, "Popular Resistance" on 2020 presidential hopefuls Apr 19, 2019

On Social Security: The most regressive tax of all is the FICA payroll tax

The most regressive tax of all is the FICA payroll tax at 15.3 percent for Social Security and Medicare. 15.3 percent includes the employer match. But employers include the tax in their labor budgets and it limits what they can pay their workers. The 12.4 percent Social Security share of FICA is outright regressive because it is capped for high-income earners at $128,400 in 2018.
Source: Truthout.org on 2020 presidential hopefuls Apr 19, 2019

On Welfare & Poverty: Reparations and Green New Deal to close racial income gap

The income gap between the rich and everyone else has been growing markedly. The Green New Deal can close racial income and wealth gaps by empowering racially-oppressed communities through community control of Green New Deal programs so these communities are no longer subject to discrimination and exploitation by outside employers, landlords, real estate agents, and other gatekeepers. In addition, HR 40 for a Commission to Study and Develop Reparation Proposals for African-Americans should be enacted to find the best way to create individual and collective wealth to compensate for hundreds of years of unpaid and underpaid labor.
Source: Truthout, "Popular Resistance" on 2020 presidential hopefuls Apr 19, 2019

The above quotations are from Truth-out.org political website.
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