A Quote by Robert Kraft
Working class people and lower income people we have to help more.
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People at the very top of the income scale also benefited from globalization and automation. But the income of working- and middle-class people in the developed world has stagnated.
How about no income tax at all on people over 65? People would continue working, remain healthier, not be an economic and social drain on society. Then the elderly would also have more disposable income to help charitable activities.
Lower-income immigrant families might receive more in benefits than they pay in taxes. But that mathematical equilibrium is temporary, and an artifact of the way the tax-and-transfer system is structured to help lower-income families and to support families with kids.
When I talk about 'working class,' I don't talk about 'white working class,'. I talk about 'working class,' and a third of working class people are people of color. If you are black, white, brown, gay, straight, you want a good job. There is no more unifying theme than that.
I think the working-class part of me comes out. Sometimes the people who have the loudest mouths are upper-class, upper-middle-class. The quietest are often working-class people, people who are broke. There is a fear of losing whatever it is that you have. I come from that background.
One line I'd draw would be on raising the eligibility age for Social Security and Medicare. It sounds fair, since people are living longer. But it isn't. Lower income workers are the ones who find it hardest to keep working after 65. And they'll get penalized with lower benefits.
The decision is I'm going to do everything I can to fight for the working class of this country, the low-income people against income and wealth inequality, do everything we can about climate change.
They talk about class warfare -- the fact of the matter is there has been class warfare for the last thirty years. It's a handful of billionaires taking on the entire middle-class and working-class of this country. And the result is you now have in America the most unequal distribution of wealth and income of any major country on Earth and the worst inequality in America since 1928. How could anybody defend the top 400 richest people in this country owning more wealth than the bottom half of America, 150 million people?
We have a nation where the elite thinks it's OK to advocate a war and send the lower-income people to do the fighting. It's natural for such a people to think that the lower-income people should also have a worse health care experience. And the other countries are not there - I always say, not there yet. I tell the Germans and the Swiss, "You're not there yet, but if you're not very, very careful, if we Americans come over there and rearrange ... your health care system, you will be just like us."
The richer people, when they get another $100,000, or another million, or 10 million, don't tend to spend it as much as the poorer people would if they got another $100 or $1,000 or $5,000. All the empirical evidence suggests that the rich tend to consume a lower proportion of income than middle and lower-income people.
When I was just 13, we went from being middle class to lower middle class and finally lower class, as someone close to my father took away everything he had, including his property. All of a sudden, I started working at the age of 13.
I believe Colorado needs representation from a conservative who has worked his way through the types of obstacles with which nearly all middle-class and lower-income people struggle.
I think it's terrible for people in effect to say that income from investment should be taxed at a much lower rate than income from labor.
We need a brand as a party that says we're the party that are going to help working-class people, white people, black people, brown people, gay people, straight people, improve opportunity for them to grow their wages, to have security, economic security.
There's a ton of stuff we can do to help the economy and help the American people, and the aspirational working class of the American people.
There are a lot of communities within the Asian Pacific Islander umbrella that are predominantly more working-class or lower class, and those stories haven't been told yet, so my hope is that we see the gamut of perspectives.
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