David Richardson

Economy

Donald Trump and the Republicans only care about Wall Street, but I am fighting for an economy that works for everyone, especially those who live in the most challenging of economic conditions. I will push Congress to repeal the Republican Tax Bill, invest in sustainable infrastructure, and help bring good paying jobs to Miami.

Other politicians look to Wall Street for signs of economic growth, I look to my street. I look to the people who, just like me, shared one bathroom among a family of five. The people who work two and three jobs to give themselves and their families a better future. The people who, along with more than half the country, do not own any stock on Wall Street. 

I’m fighting for progressive economic policies that give folks from my street a fair shot. That means closing corporate loopholes in the GOP Tax Bill. That means raising the minimum wage to $15/hour so working class folks can raise a family with dignity. That means promoting good paying jobs so that South Floridians can put their skills to use. As a Certified Public Accountant with 30 years of experience, I know how to find the funds to pay for these programs. I know that we can employ progressive economic solutions to empower everyone.

In the State Legislature, I advocated for small businesses, like the one I created many years ago, to be protected during big construction projects. I also co-sponsored a bill to increase minimum wage to a living wage statewide.

Policy Priorities:

  1. Repeal the GOP Tax Plan and Raise the Corporate Income Tax to 35% and personal income tax for families making over $500k a year, and for families making over $1 million a year.
  2. Raise the estate tax on the top 0.3% of Americans who inherit more than $3.5 million.
  3. Increasing the federal minimum wage from $7.25 to $15 an hour by 2020.
  4. Pass an infrastructure spending bill over $1 trillion over five years towards rebuilding our crumbling roads, bridges, railways, airports, public transit systems, ports, dams, wastewater plants, and other infrastructure needs.
  5. Fighting for pay equity by signing the Paycheck Fairness Act into law. It is an outrage that women earn just 78 cents for every dollar a man earns. Even less for women of color.
  6. Create 1 million jobs by investing $5.5 billion in a youth jobs program for disadvantaged young Americans. Today, the youth unemployment rate is off the charts. We have got to end this tragedy by making sure the next generation of american works have the support
    they need to advance in the economy and find good paying jobs.
  7. Expanding Social Security by lifting the cap on taxable income above $250,000. At a time when the senior poverty rate is increasing, we have to make sure that every American can retire with dignity and respect.
  8. Requiring employers to provide at least 12 weeks of paid family and medical leave,two weeks of paid vacation, and 7 days of paid sick days. The US is decades behind in our approach to paid time off workfor important events, and American workers are paying the price.

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