Tag Archives: Senator Bernie Sanders

Democratic Candidates for 2020: Sanders Releases Proposal to Insure Corporations Pay Fair Share of Taxes, Workers Get Ownership Stake

Bernie Sanders for President rally, Queens, New York. Senator Sanders unveiled a plan for make corporations pay their fair share of taxes and give workers an ownership stake in companies where they work, end corrupt corporate mergers and break up monopolies.  © Karen Rubin/news-photos-features.com

The vigorous contest of Democrats seeking the 2020 presidential nomination has produced excellent policy proposals to address major issues. Senator Bernie Sanders, long a crusader to end corporate influence and corruption in the political system, unveiled his “Money Out of Politics” Plan. He has expanded upon it to detail how he would end corporate greed and corruption, ensure corporations pay their fair share of taxes and give workers an ownership stake in companies where they work, end corrupt corporate mergers and break up monopolies. This is from the Sanders campaign:

WASHINGTON – Sen. Bernie Sanders unveiled a plan to end corporate greed and corruption, ensure corporations pay their fair share of taxes, give workers an ownership stake in the companies where they work, end corrupt corporate mergers and break up monopolies.

“For more than 40 years, the largest and most profitable corporations in America have rigged the tax code and our economy to redistribute wealth and income to the richest and most powerful people in this country,” said Sen. Sanders.  “The American people are saying enough is enough. They are sick and tired of companies like Amazon, General Motors and Chevron making billions in profits, but paying nothing in federal income taxes.  Under this plan, we will demand that profitable corporations pay their fair share of taxes.  We will give workers an ownership stake in the companies they work for.  And we will start breaking up some of the largest and most powerful companies in America to lower prices for consumers, help small business and make markets competitive.”    

Bernie’s plan, the boldest and most comprehensive corporate accountability plan in modern presidential history, would bring an end to the era of unchecked corporate greed and return power to American workers.  

As President Bernie would: 

Give Workers an Ownership Stake in Corporate America and End Corporate Greed

Give workers 20 percent of shares in their companies and 45 percent of the seats on their corporate boards.

Ensure all workers and savers have the right to vote the shares they own.

Give workers the right to purchase factories or offices they are employed in from companies that decide to put them up for sale or shut them down.

Establish a U.S. Employee Ownership Bank to provide low-cost financing to employees who want to start their own businesses.

Make large-scale stock buybacks illegal. 

Require companies to provide shares of stock to workers who lose their jobs as a result of outsourcing or automation.

Break Up Monopolies and Make Markets Competitive 

Review all Trump administration mergers and undo improper mergers.

Reinvigorate the Federal Trade Commission to break up conglomerates and monopolies and institute clear, strong merger guidelines.

Establish caps for vertical mergers, horizontal mergers, and total market share.

Ban mandatory arbitration clauses and non-compete clauses that trap workers in low-wage jobs and strip them of their legal rights. 

Make Large Corporations Pay Their Fair Share of Taxes

Repeal all of Trump’s corporate tax breaks

Restore the corporate tax rate to 35% from 21%. 

Ensure that corporations pay 35% by eliminating virtually all corporate tax breaks and loopholes.

Eliminate the use of offshore tax havens by:

Requiring corporations with revenues over $25 million to publicly disclose significant portions of their tax returns and country by country financial information including earnings, financial accounts, and tax payments in other countries. 

Eliminating the 20% deduction on pass-through business income and requiring large pass-through businesses to be subject to corporate taxes.

If this plan had been in effect last year, instead of paying nothing in federal income taxes:

Amazon would have paid up to $3.8 billion in taxes.

Delta would have paid up to $1.8 billion in taxes.

Chevron would have paid up to $1.6 billion in taxes.

GM would have paid up to $1.5 billion in taxes.

The top ten percent of Americans today own an estimated 97 percent of all capital income,  including capital gains, corporate dividends, and interest payments. Since the 2008 Wall Street crash, 49 percent of all new income generated in America has gone to the top one percent. The three wealthiest people in our country now own more wealth than the bottom 160 million Americans.  And the richest family in America – the Walton family, which inherited about half of Walmart’s stock – is worth $200 billion and owns more wealth than the bottom 42 percent of the American people.

The full plan can be read here

Democratic Candidates for 2020: Sanders Releases Plan to Get Corporate Money Out of Politics

Bernie Sanders for President rally, Queens, New York. Senator Sanders, long a crusader to end corporate influence and corruption in the political system, unveiled his “Money Out of Politics” plan. © Karen Rubin/news-photos-features.com

The vigorous contest of Democrats seeking the 2020 presidential nomination has produced excellent policy proposals to address major issues. Senator Bernie Sanders, long a crusader to end corporate influence and corruption in the political system, unveiled his “Money Out of Politics” Plan. This is from the Sanders campaign:

WASHINGTON – Sen. Bernie Sanders unveiled his Money Out of Politics Plan, a comprehensive proposal to end all corporate influence and corruption in the political system. 

“Our grassroots-funded campaign is proving every single day that you don’t need billionaires and private fundraisers to run for president,” Sanders said. “We’ve received more contributions from more individual contributors than any campaign in the history of American politics because we understand the basic reality that you can’t take on a corrupt system if you take its money. Working people all over the country are responding to that message and demanding a political revolution through their small dollar donations. When we win the Democratic nomination and defeat Donald Trump, we will transform our political system by rejecting the influence of big corporate money.” 

Sanders’ plan will end the greed-fueled, corrupt corporate influence over elections, national party convention, and presidential inaugurations.  

In 2016, seventeen donors gave three-quarters of the Democratic National Convention funding, with large corporations like Comcast, Bank of America and Facebook donating millions. At the 2013 Presidential inauguration, corporate donors including, AT&T, Microsoft, and Chevron donated millions.  

As the Democratic nominee, Sanders would ban all corporate contributions to the Democratic Party Convention and all related committees, and as President he would be ban all corporate donations for inaugural events and cap individual donations at $500.  

Additionally, Sanders’ plan would abolish the now-worthless FEC and replace it with the  Federal Election Administration, a true law enforcement agency originally proposed by former Senators John McCain and Russ Feingold.  

Other key elements Sanders’ Money Out of Politics Plan include:

Enacting mandatory public financing laws for all federal elections. 

Updating and strengthen the Federal Election Campaign Act to return to a system of mandatory public funding for National Party Conventions. 

Passing a Constitutional Amendment that makes clear that money is not speech and corporations are not people.

Ending the influence of corporations at the DNC.

Banning donations from federal lobbyists and corporations. 

Institute a lifetime lobbying ban for National Party Chairs and Co-Chairs

Banning Chairs and Co-Chairs from working for entities with federal contract, that are seeking government approval for projects or mergers, or can reasonably be expected to have business before Congress in the future. 

Banning advertising during presidential primary debates.

Instituting a lifetime lobbying ban for former members of Congress and senior staffers. 

​​​​​​​The full plan can be found here

Democratic Candidates for 2020: Sanders Releases Plan to Get Corporate Money Out of Politics

Senator Bernie Sanders, seeking the Democratic nomination for President, has unveiled his plan to “end corporate corruption and return our elections back to the working class of America.” © Karen Rubin/news-photos-features.com

The vigorous contest of Democrats seeking the 2020 presidential nomination has produced excellent policy proposals to address major issues. Senator Bernie Sanders has unveiled his plan to “end corporate corruption and return our elections back to the working class of America.” This is from the Sanders campaign:

WASHINGTON – Sen. Bernie Sanders unveiled his Money Out of Politics Plan, a comprehensive proposal to end all corporate influence and corruption in the political system. 

“Our grassroots-funded campaign is proving every single day that you don’t need billionaires and private fundraisers to run for president,” Sanders said. “We’ve received more contributions from more individual contributors than any campaign in the history of American politics because we understand the basic reality that you can’t take on a corrupt system if you take its money. Working people all over the country are responding to that message and demanding a political revolution through their small dollar donations. When we win the Democratic nomination and defeat Donald Trump, we will transform our political system by rejecting the influence of big corporate money.” 

Sanders’ plan will end the greed-fueled, corrupt corporate influence over elections, national party convention, and presidential inaugurations. 
 

In 2016, seventeen donors gave three-quarters of the Democratic National Convention funding, with large corporations like Comcast, Bank of America and Facebook donating millions. At the 2013 Presidential inauguration, corporate donors including, AT&T, Microsoft, and Chevron donated millions. 
 

As the Democratic nominee, Sanders would ban all corporate contributions to the Democratic Party Convention and all related committees, and as President he would be ban all corporate donations for inaugural events and cap individual donations at $500. 
 

Additionally, Sanders’ plan would abolish the now-worthless FEC and replace it with the  Federal Election Administration, a true law enforcement agency originally proposed by former Senators John McCain and Russ Feingold. 
 

Other key elements Sanders’ Money Out of Politics Plan include:

Enacting mandatory public financing laws for all federal elections. 

Updating and strengthen the Federal Election Campaign Act to return to a system of mandatory public funding for National Party Conventions. 

Passing a Constitutional Amendment that makes clear that money is not speech and corporations are not people.

Ending the influence of corporations at the DNC.

Banning donations from federal lobbyists and corporations. 

Institute a lifetime lobbying ban for National Party Chairs and Co-Chairs

Banning Chairs and Co-Chairs from working for entities with federal contract, that are seeking government approval for projects or mergers, or can reasonably be expected to have business before Congress in the future. 

 Banning advertising during presidential primary debates.

Instituting a lifetime lobbying ban for former members of Congress and senior staffers. 

​​​​​​​The full plan can be found here

Democratic Candidates for 2020: Bernie Sanders Releases ‘Justice and Safety for All’ Plan to Reform Criminal Justice

Senator Bernie Sanders, at Second Democratic Debate, has released his plan to reform the criminal justice system.

The vigorous contest of Democrats seeking the 2020 presidential nomination has produced excellent policy proposals to address major issues. Senator Bernie Sanders released his plan to reform the entire criminal justice system. This is from the Sanders campaign:

Blueprint aims to reform every aspect of America’s dysfunctional criminal justice system, ridding it of institutional racism and corporate profiteering

COLUMBIA, SC – Senator Bernie Sanders, who is running to be the Democratic candidate for president, released a comprehensive plan to reform the entire American criminal justice system in a speech he delivered August 18 in the Greenview neighborhood of Columbia, South Carolina. The plan is designed to root out the institutional racism and corporate profiteering that is plaguing the existing system.

“If we stand together, we can eliminate private prisons and detention centers.  No more profiteering from locking people up. If we stand together we can end the disastrous “war on drugs.” If we stand together we can end cash bail.  No more keeping people in jail because they’re too poor. If we stand together we can enact real police department reform and prosecute police brutality. If we stand together, there is nothing, nothing, nothing that we cannot accomplish.”

Sanders has fought mass incarceration during his decades in Congress, and he campaigned for president in 2016 on a pledge to end for-profit prisons — a pledge that other Democrats have subsequently decided to support 4 years later. Sanders’ new plan reiterates his original call to ban for-profit prisons, and builds on his leadership on criminal justice with new proposals for a top-to-bottom reform of America’s law enforcement, judicial and incarceration systems. They include:

End for-profit greed in our criminal justice system, top to bottom

  • Ending for-profit greed in our criminal justice system, top to bottom, including banning cash bail and banning civil asset forfeiture, which allows police departments to seize property from people who have not been accused or convicted of a crime.
     
  • Ensure the criminal justice system is not the “best justice money can buy” by vastly increasing funding for public defenders and creating a federal formula to ensure populations have a minimum number of public defenders to meet their needs, and working with states to set a minimum starting salary for public defenders.

End Mass Incarceration and Excessive Sentencing and Inhumane Incarceration and Transform the Way We Police Communities

  • Reversing mass incarceration and setting a goal of cutting the incarcerated population in half.
     
  • Transforming the way we police our communities, creating an unarmed civilian corp of first responders to handle mental health emergencies, homelessness, and other low-level issues that should not require contact with the police and criminal justice system.
     
  • Creating national standards for use of police force that emphasize de-escalation rather than violence, and holding police misconduct to strict federal standards, including limiting qualified immunity for police officers, creating a federal deadly use of force database, and a registry of disreputable officers.
     
  • Ending the War on Drugs, including legalizing marijuana and expunging past convictions for marijuana-related offenses and finally ending the sentencing disparities for crack cocaine and powder cocaine offenses.
     
  • Abolishing the death penalty and solitary confinement.
     
  • Enacting a Prisoner Bill of Rights for incarcerated individuals, including living wages, access to families, access to educational and vocational training, and the right to vote.
  • Reverse the Criminalization of Communities, End Cycles of Violence and Provide Support to Survivors of Crime

Reversing the criminalization of disability, addiction, and homelessness.  

  • Treat children in the criminal justice system as children. This means raising the age to charge children in adult court to 18, ending long mandatory minimum sentences and life without parole sentences for youth, decriminalizing truancy, and investing in youth diversion programs and alternatives to the court and prison system.
     
  • End cycles of violence and interrupt them before they begin. This means focusing law enforcement resources on solving homicides and other serious crimes, funding Cure Violence programs and similar proven violence interruption models, and ending the national rape kit backlog. 
     
  • Support the victims and survivors of crimes by providing sustained resources to survivors and their families, including mental health care, trauma recovery services, relocation services, and assistance with basic needs.


Read the full plan HERE.