Too much of our tax burden rests on those least able to afford it. We know that we have the most regressive tax structure in the country. We need to stop relying on taxes that put a larger burden on low income and working families and fight to ensure the wealthiest among us pay their fair share to fund the services we all depend on.
That's why I voted against the property tax increases in 2017 and voted for the one-time Democratic property tax cut that homeowners will receive in 2019. Overall, we must introduce progressive taxation in order to fund our social, educational, health and public safety needs. I support a capital gains tax and a progressive Real Estate Excise Tax (REET) to hold those at the top accountable for paying their fair share. In addition, I support sunsetting corporate tax breaks that serve to only line the pockets of large, multinational corporations rather than investing those dollars in our community. I also support an equitable carbon revenue policy and the creation of a public infrastructure investment bank.