Tag: tax the rich

What Democrats here in the United States can learn from a major progressive victory in Alberta

The Rachel Notley-led Alberta New Democratic Party (Alberta NDP), which ran on a platform consisting nearly entirely of progressive ideas and values, is projected by CBC News to win a majority of seats in the Legislative Assembly of Alberta, and, therefore, is projected to be the governing party in Alberta’s provincial government. Both the Canadian federal government and each Canadian province uses a parliamentary system to determine control of government.

The Alberta NDP’s platform is very progressive on nearly every issue they gave a position on in their platform, especially when one considers that the Canadian province of Alberta is about as right-wing as the U.S. state of Texas is. The NDP’s platform included planks supporting increasing the minimum wage to $15/hour, getting the undue influence of money out of politics, enacting stronger ethics laws, improving access to health care, investing in public education, raising income taxes on Alberta-based corporations and the wealthiest 10% of Albertans, investing in child care, providing for the safety and well-being of Albertan children and women, and, surprisingly for an oil-rich state, investing in renewable energy.

The NDP’s victory in Alberta speaks volumes about how the corrupt, corporate Democratic Party “leadership” here in the United States is failing progressives and the American people on many levels. Very few Democrats are willing to openly run as progressives, and, as a result, the Democratic Party often has trouble winning races outside of states and constituencies that strongly favor the Democrats to begin with. I would strongly encourage Democratic leaders to take a look at how the Alberta NDP won big in tonight’s provincial elections and use the NDP’s Alberta victory as a model to win back both houses of Congress, as well as many state and local offices.

If progressive-minded people can win in Alberta, progressive-minded people can win anywhere!

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House Democrats push for progressive tax reform

For far too long, the tepid Democratic leadership on Capitol Hill has lacked any real comprehensive plan to overhaul the federal tax code to increase taxes on the wealthy and provide real tax relief to middle-class Americans.

As if someone turned a light on, U.S. House Minority Leader Nancy Pelosi of California and U.S. Representative Chris Van Hollen of Maryland unveiled a progressive tax reform plan yesterday. This plan would repeal tax breaks that benefit the wealthy and institute a new fee on stock trades in order to provide tax relief for middle-class Americans:

Senior Democrats, dissatisfied with the party’s tepid prescriptions for combating income inequality, are drafting an “action plan” that calls for a massive transfer of wealth from the super-rich and Wall Street traders to the heart of the middle class.

The centerpiece of the proposal, set to be unveiled Monday by Rep. Chris Van Hollen (D-Md.), is a “paycheck bonus credit” that would shave $2,000 a year off the tax bills of couples earning less than $200,000. Other provisions would nearly triple the tax credit for child care and reward people who save at least $500 a year.

The windfall — about $1.2 trillion over a decade — would come directly from the pockets of Wall Street “high rollers” through a new fee on financial transactions, and from the top 1 percent of earners, who would lose billions of dollars in lucrative tax breaks.

Unfortunately, since Republicans control both houses of Congress, this is going absolutely nowhere for at least the next two years. However, for Democrats to simply advocate such a bold plan is a big step forward towards combating the rampant problem of income inequality in this country and restoring the American middle class.