Build Infrastructure for Jobs and Fighting Climate Change
We’re phenomenally rich. There’s a whole lot that we need and we can afford to build it.
For instance, a 5% (progressive, net) wealth tax on the top 10% would
- Raise $5.5 trillion
- Be enough to convert all fossil fuel home heating to electric ($3.9 trillion)
- Immediately make many more jobs than the trade war could without requiring any additional infrastructure
- Grow the GDP and world trade
- Significantly help the fight against climate change
- And have enough left over for other important projects
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