If the rich aren't paying their fair share of taxes, then we, the people, are forced to support their load. We see this happening in all aspects of our daily life, in higher costs for less services.
As an economics teacher, I understand the importance of keeping markets as free as possible with taxes low for the middle class. A free and open market is necessary for economic growth, but, as in all things, there needs to be balance. The stock market has quadrupled in value since 2009 causing record inflation. Yet there has been no real return of investment to the consumers except unnecessary inflation, stagnant wages, and higher housing costs.
I am also quite aware of the economic and environmental conditions required for a market crash, and making sure Minnesota is on safe economic grounds is a high priority for my campaign.
So how do we keep Minnesota's economy strong even through a downturn?
By keeping the largest share of money in the middle class and not funneled up to the ultra-rich,
by maintaining a diverse and robust economy,
by making sure workers are compensated fairly for their labor,
and by encouraging competition and innovation.
This is why I support the following measures to ensure Minnesota's economy remains strong, diverse, and competitive:
A progressive statewide tax system that puts more of the burden on the top 10%
The adoption of a universal healthcare system that removes the burden of providing health care from employers.
Incentives for single family and first time homeowners to put more property into the hands of young families and not wealthy landlords. When the rich own too much property in a region, they set the prices, not us.
The promotion of small use solar and wind power.
A plan set in place for elimination of fossil fuel use within the state. Once we are free of this economic chain, we can determine our own economic future. See environment page for more details.
The legalization and taxation of cannabis in all forms. The economic benefits far outweigh the supposed negatives of ending marijuana prohibition. Especially for medicinal and agricultural uses, both of which are already prime movers of Minnesota's economy.
Incentivize manufacturing in small towns, bring labor back to Minnesota by bringing back good jobs that don't require a degree and shorten shipping routes in the process. We need to promote statewide self sufficiency and promote a circular economic growth plan.
Reinvest in Main Street. Let's keep Minnesota's small business owners competitive.
The implementation of a four day work week for all state employees. This will reduce the burden from absences, lower energy costs, and increase efficiency.
Working to increase union membership in the state of Minnesota.