Current state of affairs
Wealth inequality in country is at an all-time high and on the rise . While merely 8 men own as much wealth as poorest half the planet, the income gap between the rich and the poor in the state of New York is considered the widestin the nation.
For a better New York, I believe that it is morally imperative that we impose heavier taxes on the wealthiest !%. I agree with Bernie Sanders that we create public revenue by taxing all Wall Street transactions.
The level of wealth inequality reached in our time is unsustainable. Here’s my plan for addressing inequity in New York City:
Inspired by a model adopted by Portland’s city council to curb income inequality, I will introduce a surtax that will target companies that pay their executives more than 100 times the median income earned by their employees. Revenue generated from this surtax will finance initiatives to create employment opportunities in marginalized and structurally disadvantaged communities.
Demand $10 Million in Participatory Budgeting for District 35
Beyond fighting income inequality, let's place more monetary decisions into community control. Less than 10% of capital discretionary funds are placed into participatory budgeting:
Jabari would fight for a fair and equal distribution of funds among the districts, and place his entire budget into the hands of community. That's $10 million dollars for District 35. Every single year.