Biden to Propose $6 Trillion Budget to Boost Middle Class and Infrastructure

Best way to boost the middle class and economy is...

0% income tax rate to 200% poverty threshold for single person

Two tiers of TANF and SNAP one for US Citizens over 18 that offer 25% monthly income for individual to 8 dependents at the 150% poverty threshold bracket with no mean-tested income. Second tier of TANF and SNAP remains the same for those not eligible for the other tier of TANF or SNAP.

Eliminate Medicare just make one umbrella Government health plan that offers 6 tiers

Tier 1 is basic - 80% reimbursement only covers healthcare and pharmaceuticals (5% income tax deduction)

Tier 2 is premium 85% covers eye, dental, pharmaceutical, and healthcare (10% income tax deduction)

Tier 3 is basic for dependent 80% reimbursement only covers healthcare and pharmaceuticals (5% income tax deduction on individual income claiming dependent)

Tier 4 is premium for dependent (85% covers eye, dental, pharmaceutical, and healthcare (10% income tax deduction)

Tier 5 is silver for seniors 100% reimbursement no tax on income for US Citizens or dependents of US Citizens 70 or older

Tier 6 is Medicaid for individuals that fall below the 200% poverty line from single to 8 dependents income tax is exempt to cover Medicaid cost

2.5% income deduction for all Veterans who opt for Government helathcare plan

Raise tax brackets by .25% every year for next ten years. Raise reimbursement rate by .5 every year for 10 year's

Government pays 40%, states pay 20%, and employer's pay 10% the rest of the 30% is funded via taxes

Flat business tax of 12% with businesses of 100 or more exempt from paying the additional 12% healthcare business tax

Tax revenue not gross profit for businesses

5% yearly tax on yearly carbon metric ton output for businesses of 500 or more employees who are not non-profit organizations

Raise the minimum wage to 150% poverty threshold for an individual. Adjust every census.

Do away with "at will employment"

Mandate employer's offer full time employees 320 hours of PTO a year and part time (32 hours or less) 160 hours

2.5% GST, 5% tariff on all imported goods, and 10% tariff on imported goods from nations with no national consumption tax

Paid maternity leave for 8 months and paid paternity leave for 4 months that's 90% of individuals income

Reform income and capital gains tax bracket to be 0% to 45% raise by 1000%/5 after 200% poverty threshold. Adjust every 10 years.

Adjust poverty theshold every 10 years

Tax return to individuals and businesses of 25% of total taxes collected in a tax year

Community college paid via an additional 2% tax on income

Tax break of 2.5% next tax year to businesses that offer $3000 or more tuition reimbursement to part time employees and $5000 or more to employees working full time

/r/democrats Thread Link - nytimes.com