people: I'm a progressive and a capitalist, but unchecked capitalism produces market failures and economic inequities, Steyer said in a news release outlining the plan, according to CNN. He added, The people must be in charge of our economy but socialism isn't the answer. To address what Steyer calls the undue influence of corporate power on the US economy, his plan calls for a 15 minimum wage along with congressional term limits and the repeal of Citizens United. Additionally, Steyer says he would invest in people with larger allocations to health care and public schools as well as the introduction of five new constitutional rights which include the right to healthcare, clean air and water, a livable wage, an equal vote, and a quality education. The federal tax system will not continue to provide favorable treatment to the rich and powerful at the expense of low-income and middle-class Americans, nor will it starve the government of the resources needed to deliver services, he said. Read More Steyer says he would also repeal the Trump tax cuts and install a 1% wealth tax on those whose net worth is above 32 million.
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