James Talarico

I would propose a solution that's somewhere in the middle of those two things, which is currently,

We are giving away so many taxpayer dollars to the wealthiest Americans and the biggest corporations.

We gave $3 trillion to the wealthiest Americans, to the top 1% in the Trump tax cuts just this past summer.

And so if we have $3 trillion to give to rich people who don't need it, then we have $3 trillion to start paying down this national debt.

I would also, if you look through our tax code, there are so many giveaways, so many loopholes for the biggest corporations in this country who don't pay a penny in federal taxes.

In fact, the CEOs of these companies can literally ride off flying on a private jet.

Mm-hmm.

And so to me, having a fair tax code, holding tax cheats accountable, the estimates are that this could bring in billions, close to $200 billion in every fiscal year.

And so to me, it's not any new taxes, and it's not cutting the programs that help working people.

It's going after the tax cheats.

It's closing the loopholes that benefit the wealthiest Americans and the biggest corporations.

Absolutely on having a more progressive tax system, because when you have the secretaries of billionaires paying more as a percentage of their income than the billionaires themselves, then that's a problem.

And so I would say that.

And then I would also add a higher corporate tax rate.

I've proposed, and I encourage anyone who's listening or watching to go to our policy page on our website.

I'm very proud to say we have the most detailed policy page of any Senate candidate in the country.

And on there, I talk about introducing a new special corporate tax for any company that's paying their CEOs 250 times more than they're paying their average employee.

So discouraging that kind of...

discouraging that kind of hoarding in the workplace, that kind of hoarding in our economy so that we can grow and thrive together like we did in the 20th century when we had the largest middle class in the world and our economy was the envy of every other country.

I'm all for efficiency in government, and I worked on that in the state legislature.