Our economy is rigged, leaving everyday working people to shoulder rising costs, stagnant wages, and dwindling opportunities while corporate profits soar. We reject an economic system that extracts from communities instead of investing in them. Our vision is bold and unapologetic: an economy that works for the many, not the few. Where power is shifted back into the hands of workers, families, and local communities. Through truly living wages, strong unions, public investment, and strong protections against corporate greed, we will build an economy rooted in dignity, fairness, and shared prosperity. We can have thriving communities and a thriving economy if we are willing to challenge the unbalanced influence of the wealthiest and put power back in the hands of the people.
Raise Wages
Too many Americans work full-time jobs, and in many cases multiple different jobs, yet still cannot afford essentials like housing, healthcare, childcare, healthy foods, reliable transportation, and education. Meanwhile, the federal minimum wage has been stagnant for over a decade and does not reflect regional cost-of-living differences. This allows corporations to profit from underpaid labor while taxpayers subsidize low wages through social safety nets.
We will tie the minimum wage to regional cost-of-living indices and inflation, ensuring automatic annual adjustments that reflect real-world costs. Rather than a single, national minimum wage, a model that incorporates regional differences will allow for every city across the nation to have fair, livable wages while not preventing small and mid-sized businesses from paying their employees. Federal matching grants will support state and local governments that go further in raising wages, ensuring no one is left behind. This approach lifts millions out of poverty, reduces reliance on social programs, and builds a stronger, fairer economy.
Break Up Monopolies & Restore Fair Competition
Corporate consolidation has concentrated economic and political power in the hands of a few massive corporations that dominate markets, suppress competition, and exploit workers and consumers alike. From Big Tech and Big Pharma to agribusiness and banking, monopolies dictate prices, limit innovation, and wield outsized influence over public policy. This concentration of power undermines small businesses, weakens workers’ bargaining power, and threatens the foundation of a fair and open economy.
We will restore real competition by enforcing and modernizing antitrust laws to prevent and reverse harmful mergers, break up monopolistic corporations, and ensure fair access to markets and digital platforms. A strengthened FTC and Department of Justice will take proactive action to stop corporate consolidation and protect entrepreneurs and consumers. By breaking up monopolies and empowering smaller businesses, we will lower prices, spur innovation, and return economic power to communities and working people, not corporate boardrooms.
Lower Costs
Rising costs in housing, healthcare, food, and energy, and virtually every other aspect of the economy are crushing working families, even as corporate profits hit record highs. Monopolization and unchecked corporate consolidation have eliminated competition, allowing a handful of massive corporations to set prices, squeeze small businesses, and keep workers living paycheck to paycheck. Families are forced to spend more for less while opportunities for upward mobility shrink.
We will tackle the root causes of rising costs by restoring fairness and competition in our economy. That means effectively and fairly enforcing antitrust laws, breaking up monopolies, boosting competition, and preventing corporate price gouging in essential industries like food, energy, healthcare, and housing. By ensuring a truly competitive capitalist market, small and midsize businesses can thrive, innovation can flourish, and consumers will benefit from lower prices and better choices. At the same time, we will ensure that the workers who power this economy share in its prosperity, so families can build savings, climb the social ladder, and pursue the American Dream without being trapped in a cycle of rising costs and stagnant wages.
Lower Income Tax
Working- and middle-class Americans are taxed excessively on every paycheck, while billionaires often avoid taxes entirely. Many families struggle with high tax burdens that eat into stagnant wages, while executives amass wealth through stock options and speculative gains.
We will significantly lower federal income tax on earned wages for working and middle-class Americans, ensuring that no paycheck is swallowed by an unfair tax code. To protect public revenue, we will close exploitative loopholes and implement a surcharge on excessive executive compensation and speculative Wall Street trading. This balances fairness with responsibility: working families keep more of what they earn, while those profiting from financial engineering and runaway executive pay contribute their fair share.
Reform the Tax Code
Our current tax system is riddled with loopholes for multinational corporations and ultra-wealthy individuals who exploit tax havens, offshore accounts, and creative accounting. Meanwhile, small businesses and working families carry a disproportionate share of the burden.
We will eliminate loopholes and carve outs that benefit only the wealthiest households and largest corporations, while shifting incentives toward working families and small businesses. Tax credits will prioritize parents, caregivers, and local entrepreneurs. This reform ensures fairness, strengthens Main Street over Wall Street, and rebuilds trust in the tax system.
Revitalize and Empower Unions
Union membership has declined drastically due to decades of corporate union-busting, legal loopholes, and political hostility. This has weakened workers’ bargaining power, resulting in stagnant wages and unsafe working conditions while corporate profits soar.
We will pass legislation guaranteeing collective bargaining rights across all industries, close loopholes that allow gig economy misclassification, and expand union access in sectors historically blocked from organizing. Employers who illegally intimidate or fire workers for unionizing will face steep financial penalties. By restoring the right to organize, we empower workers to demand fair wages, safe workplaces, and dignity on the job.
Invest in Workforce Development
America’s workforce is struggling to adapt to automation, global supply chain shifts, and emerging industries like clean energy and AI. Meanwhile, college costs are prohibitive, and vocational training has been underfunded. Too many good-paying jobs go unfilled while workers are stuck in low-wage positions without pathways forward.
We will expand apprenticeship programs, tuition-free technical training, and career pathways in collaboration with unions, community colleges, and local employers. By aligning training with future industries,renewable energy, advanced manufacturing, healthcare, and technology,we will ensure that workers have access to stable, upwardly mobile careers.
Empower Local Entrepreneurs
Large corporations dominate markets while small businesses, our greatest job creators, struggle to access capital, compete for contracts, or survive economic downturns. Federal procurement often favors massive corporations at the expense of local entrepreneurs.
We will expand access to SBA loans, reduce predatory lending barriers, and provide targeted tax breaks for startups. Federal procurement contracts will prioritize local vendors and small businesses, keeping public dollars circulating within communities. By empowering local entrepreneurs, we drive innovation, resilience, and community wealth-building.
Reduce Red Tape Without Compromising Values
Small businesses often face complex federal regulations designed for corporate giants, creating unnecessary barriers to entry. But too often, calls for “deregulation” really mean slashing worker protections, public safety, and environmental standards.
We will streamline bureaucratic processes for small businesses by cutting paperwork, simplifying compliance, and creating one-stop federal support hubs, all while holding the line on values that protect workers, consumers, and communities. This ensures fair competition without lowering safety, labor, or environmental standards.
Expand Opportunities for Women-Owned Businesses
Women make up half of the U.S. population and own 40% of all businesses, yet they receive less than 5% of federal contracting dollars. Meanwhile, men capture at least 95% of these contracts. This economic imbalance reinforces gender disparities in political power, executive leadership, and influence, because wealth enables larger campaign contributions, easier access to capital, and greater representation in decision-making positions. Without economic fairness, women remain at a systemic disadvantage both in business and in politics, even though women-owned businesses are thriving across finance, insurance, real estate, transportation, and other critical industries.
We will raise the minimum allocation of federal contracting dollars to women-owned small businesses, expanding opportunities for millions of entrepreneurs. By investing in women-owned businesses, we strengthen the backbone of our economy, small businesses, which make up 99.9% of all companies and employ nearly half of the private sector workforce.
Strengthen the Social Contract
Decades of austerity and budget cuts have weakened programs like SNAP, Medicaid, and unemployment insurance, leaving families vulnerable during crises. The pandemic showed us that without strong protections, millions can fall into poverty almost overnight.
We will expand and modernize essential safety net programs, reversing previous cuts. SNAP and Medicaid will be strengthened and streamlined, ensuring families can rely on them during hard times without unnecessary barriers. By reinforcing the social contract, we ensure no American is left behind in times of hardship.
Combine Support with Opportunity
Safety nets, that should be used for the most vulnerable among us, cannot build long-term prosperity; they must be paired with real pathways to upward mobility. Too many families are stuck in cycles of poverty because education and training remain out of reach.
We will guarantee tuition-free community college, technical training, and career readiness programs, ensuring that social protections are a temporary bridge, not a trap. By combining financial security with education and skill development, we empower people to transition into sustained, upward socio-economic mobility.
Expand Public and Community Banking
Private banks prioritize profit over community needs, often excluding low-income families and small businesses while fueling speculative bubbles. Many communities, especially rural, underserved, and minority areas, lack access to fair banking services.
We will expand and support public banks and community credit unions that prioritize transparency, accountability, and reinvestment into local economies. Public banks will partner with local governments to fund affordable housing, renewable energy, and small business growth, putting people before Wall Street profits while working to ensure steady and profitable returns to community members.
Ensure Access to Capital
Predatory lenders and payday loan schemes trap millions of working families in cycles of debt, while many communities remain “unbanked” or underbanked with no access to affordable credit. This financial exclusion deepens poverty and inequality.
We will guarantee fair, affordable financial services for rural, low-income, and marginalized populations by expanding community credit unions, postal banking, and public financing options. We will strengthen and expand predatory lending protections, ensuring families and small businesses have access to safe, affordable capital.
Responsible Cryptocurrency Regulation
Digital assets and cryptocurrencies are reshaping global finance, creating opportunities for innovation, investment, and financial inclusion. Yet in the absence of clear rules, the industry has been marked by volatility, fraud, and speculation, putting consumers at risk and threatening financial stability. A lack of regulatory clarity also hampers responsible innovation and leaves American entrepreneurs behind while other nations set global standards.
We will establish a comprehensive regulatory framework for cryptocurrencies and digital assets that protects consumers, prevents fraud, and ensures stability while fostering innovation. Clear, consistent rules will give entrepreneurs the certainty to build responsibly, while investors and everyday users can participate in these markets with confidence. By balancing oversight with opportunity, we will strengthen U.S. leadership in financial innovation, protect working families from predatory practices, and ensure that the future of finance works for the many.
