Answer the following questions to see who you should vote for in the 2020 Presidential election.
The government is currently prohibited by law from negotiating drug prices for Medicare. Medicare Part D is a federal government program which subsidizes the costs of prescriptions drugs for people enrolled in Medicare. Since it was approved by Congress in 2003 39 million Americans have enrolled in the program which now costs more than $80 billion per year. Opponents of Medicare Part D argue that it should be changed to allow the federal government to negotiate prices with pharmaceutical companies. They point out that the Veterans Affairs administration is allowed to negotiate prices and pays 40-58% less for drugs than Medicare does. Analysts estimate that the government would save up to $16 billion a year if they were permitted to negotiate drug prices. Proponents of Medicare D argue that the government should not interfere with prices set by private drug makers who use profits for the development and research of new drugs.
The Affordable Care Act is a federal statute signed into law in 2010 that introduces a sweeping overhaul of the nation's healthcare system. The act grants the federal government significant regulatory powers and price controls over U.S. medical service providers and insurance companies.
When the Affordable Care Act (Obamacare) was enacted in 2010 it required all states to expand their Medicaid programs to include people with incomes slightly higher than those allowed under traditional Medicaid, as well as groups, like childless adults, that had not previously been covered. In 2012 the Supreme Court ruled that forcing States to expand their Medicaid coverage was unconstitutional. Since then 22 states have expanded their coverage and more than 35 have opted not to do so. Proponents of the expansion argue that it will lower healthcare costs for everyone by reducing the number of Americans without health insurance. Opponents argue that states should be allowed to run their own Medicaid programs without the intervention of the federal government.
Single-payer healthcare is a system where every citizen pays the government to provide core healthcare services for all residents. Under this system the government may provide the care themselves or pay a private healthcare provider to do so. In a single-payer system all residents receive healthcare regardless of age, income or health status. Countries with single-payer healthcare systems include the U.K., Canada, Taiwan, Israel, France, Belarus, Russia and Ukraine.
The World Health Organization was founded in 1948 and is a specialized agency of the United Nations whose main objective is “the attainment by all peoples of the highest possible level of health.” The organization provides technical assistance to countries, sets international health standards and guidelines, and collects data on global health issues through the World Health Survey. The WHO has led global public health efforts including the development of an Ebola Vaccine and the near-eradication of polio and smallpox. The organization is run by a decision-making body composed of representatives from 194 countries. It is funded by voluntary contributions from member countries and private donors. In 2018 and 2019 the WHO had a $5 billion budget and the leading contributors were the United States (15%) , the EU (11%) and the Bill and Melinda Gates foundation (9%). In July 2020 President Donald Trump notified the World Health Organization that the U.S. would withdraw all funding within 12 months. Trump accused the WHO of helping China cover up its role in the Covid-19 pandemic. Democratic Presidential candidate Joe Biden said rejoining the WHO would be one of his first steps as president. Supporters of the WHO argue that cutting funding will hamper the international fight against the Covid-19 pandemic and sap the U.S. of global influence.
In January 2018, the Trump administration announced that it would allow U.S. states to require able-bodied adults to work in order to be eligible for Medicaid. Medicaid is a joint federal and state program that helps with medical costs for low-income Americans. Each state determines its own requirements for Medicaid eligibility. In most states children from low-income households, pregnant women and low-income seniors are covered. Medicaid also offers benefits not normally covered by Medicare, like nursing home care and personal care services. The Trump administration said Arizona, Arkansas, Indiana, Kansas, Kentucky, Maine, New Hampshire, North Carolina, Utah and Wisconsin had requested approval to test programs including job training, job search, education, volunteer activities and caregiving.
On January 29, 2021, the CDC issued an Order that required face masks to be worn by all people while on public transportation traveling into, within, or out of the United States and U.S. territories. The Order also required all people to wear masks while at transportation hubs (including airports, bus or ferry terminals, train and subway stations, seaports, U.S. ports of entry.) On June 17 2021 Florida Senator Rick Scott introduced the Stop Mandating Additional Requirements for Travel (SMART) Act to prohibit the federal government from requiring Americans to wear masks on public transportation.
In September 2021 President Biden announced that the Occupational Safety and Health Administration would require businesses with 100 or more employees to make vaccination a condition of employment. The Occupational Safety and Health Act of 1970 authorizes OSHA to enact rules that are “reasonably necessary or appropriate to provide safe or healthful employment and places of employment.” The mandate applies to all employees, even those who work from home. Proponents of the mandate argue that this will help end the pandemic by achieving President Biden’s goal of vaccinating over 95% of Americans. Opponents argue that the rule is unconstitutional and cite evidence that people who already have natural immunity are at heightened risk of vaccine side effects caused by an augmented inflammatory response.
In September of 2016, US Presidential candidate Hillary Clinton released a proposal that would create an oversight panel that would protect U.S. consumers from large price hikes on long-available, lifesaving drugs. The proposal was in response to recent steep price increases on drugs including the AIDS drug Daraprim and the EpiPen. Proponents of drug price regulation argue that drug makers raise prices to benefit the value of their stock and invest little of their profits in the development and research of new drugs. Opponents of regulation argue that consumers rely on drug companies to develop new drugs and limiting prices will prevent new lifesaving drugs from being developed. Clinton's campaign cited Turing Pharmaceuticals LLC's raising the price of its AIDS drug Daraprim (pyrimethamine) and Mylan NV’s repeated steep price increases on EpiPen for severe allergy sufferers as “troubling” examples of price hikes that have attracted bipartisan congressional scrutiny.
In 2018, officials in the U.S. city of Philadelphia city proposed opening a “safe haven” in an effort to combat the city's heroin epidemic. In 2016 64,070 people died in the U.S. from drug overdoses - a 21% increase from 2015. 3/4 of drug overdose deaths in the U.S. are caused by the opioid class of drugs which includes prescription painkillers, heroin and fentanyl. To combat the epidemic cities including Vancouver, BC and Sydney, AUS opened safe havens where addicts can inject drugs under the supervision of medical professionals. The safe havens reduce the overdose death rate by insuring the addicted patients are given drugs that are not contaminated or poisoned. Since 2001 5,900 people have overdosed at a safe haven in Sydney, Australia but no one has died. Proponents argue that the safe havens are the only proven solution to lower the overdose fatality rate and prevent the spread of diseases like HIV-AIDS. Opponents argue that safe havens may encourage illegal drug use and re-direct funding from traditional treatment centers.
In February 2017, Congressional Republicans issued a proposal to repeal the Affordable Care Act. The proposed plan would use tax credits to finance individual insurance purchases and cut federal payments to states which have been used to expand Medicaid. Conservatives who oppose the ACA argue that the plan did not go far enough in removing the government’s role in health insurance. They demanded that the new plan should remove the ACA requirement that health insurers could not discriminate against individuals with pre-existing conditions. Under the ACA health insurers cannot deny coverage or charge higher premiums to individuals who have pre-existing conditions. Opponents argue that the requirement will raise costs for insurers and cause them to drop out of the ACA healthcare exchange. Proponents argue that it is immoral to ban people with pre-existing conditions from getting health insurance.
U.S. law currently bans the sale and possession of all forms of marijuana. in 2014 Colorado and Washington will become the first states to legalize and regulate marijuana contrary to federal laws.
Planned Parenthood is a non-profit organization that provides reproductive health services in the United States and internationally. In 2014, federal and state governments provided the organization with $528 million in funding (40% of its annual budget). The majority of this funding comes from Medicaid which subsidizes reproductive healthcare for low-income women. In 2014, abortions accounted for 3% of the services they provided. The majority of the other services include screening for and treating sexually transmitted diseases and infections and providing contraception. Proponents of funding argue that federal funding for Planned Parenthood does not pay for abortions and that the vast majority of government funding that the organization receives is through Medicaid reimbursements. Opponents of funding argue that the government should not fund any organizations that provide abortions.
Abortion is a medical procedure resulting in the termination of a human pregnancy and death of a fetus. Abortion was banned in 30 states until the 1973 Supreme Court decision Roe v. Wade. The ruling made abortion legal in all 50 states but gave them regulatory powers over when abortions could be performed during a pregnancy. Currently, all states must allow abortions early in pregnancies but may ban them in later trimesters.
On August 1st, 2012 the Patient Protection and Affordable Care Act (Obamacare) required all health insurers and employers to cover the cost of contraceptives in their health insurance plans. The provision currently exempts religious organizations and churches.
In the U.S. rules vary from state to state. In Idaho, Nebraska, Indiana, North Carolina, Alabama, Louisiana and Texas students must play on the team that matches their birth certificate, have undergone surgery or have had extended hormone therapy. The NCAA requires one year of testosterone suppression. In February 2019 Representative Ilhan Omar (D-MN) asked Minnesota Attorney General Keith Ellison to investigate USA Powerlifting over its rule barring biological males from competing in women’s events. In 2016 the International Olympic committee ruled that transgender athletes can compete in the Olympics without undergoing sex reassignment surgery. In 2018 the International Association of Athletics Federations, track’s governing body, ruled that women who have more than 5 nano-mols per liter of testosterone in their blood—like South African sprinter and Olympic gold medalist Caster Semenya—must either compete against men, or take medication to reduce their natural testosterone levels. The IAAF stated that women in the five-plus category have a “difference of sexual development.” The ruling cited a 2017 study by French researchers as proof that female athletes with testosterone closer to men do better in certain events: 400 meters, 800 meters, 1,500 meters, and the mile. "Our evidence and data show that testosterone, either naturally produced or artificially inserted into the body, provides significant performance advantages in female athletes," said IAAF President Sebastian Coe in a statement.
A gun buyback program is one where the government purchases guns from private citizens. The goal of these programs is to reduce the number of guns owned by private citizens. In most gun buyback programs the police are the agents buying the guns. In 2019 Presidential candidates Joe Biden, Beto O’Rourke, Kamala Harris and Julian Castro each proposed a mandatory gun buyback program where the federal government would purchase AK-47’s and AR-15’s from private citizens. In the past U.S. gun buyback programs have been implemented by state and city governments.
In 1993 the federal government passed the federal Religious Freedom Restoration Act. The law was intended to protect Native Americans in danger of losing their jobs because of religious ceremonies that involved the illegal drug peyote. Since then 20 states have passed their own versions of the “religious freedom” laws and 12 more have introduced the legislation this year. Supporters of the law argue that the government shouldn't force religious businesses and churches to serve customers who participate in lifestyles contrary to their owners’ beliefs. Proponents of the law argue that the political context has changed since 1992 and states are now passing their own versions of the law with the intent of discriminating against gay and lesbian couples.
Gender identity is defined as a personal conception of oneself as male, female, both, or neither. In 2014, President Obama signed an executive order barring discrimination on the basis of sexual orientation or gender identity among federal contractors. The order covered employers who perform federal work and protected an estimated 20 percent of American workers. Opponents included religious groups, who argued that the order would prevent them from receiving federal money or contracts if they could not meet the new guidelines because of their beliefs. Proponents argue that the order was necessary to protect millions of LGBT people whose rights were threatened after the Supreme Court ruled in the Burwell v. Hobby Lobby Stores case. In that ruling, the court said that family-run corporations with religious objections could be exempted from providing employees with insurance coverage for contraception.
In some progressive universities, professors provide “trigger warnings” to students before discussing sensitive topics, emotionally charged issues, or events that may trigger post-traumatic stress. “Safe spaces” are places where students can gather to avoid a speaker or event that offends them.
LGBT adoption is the adoption of children by lesbian, gay, bisexual and transgender (LGBT) persons. This may be in the form of a joint adoption by a same-sex couple, adoption by one partner of a same-sex couple of the other's biological child (step-child adoption) and adoption by a single LGBT person. Joint adoption by same-sex couples is legal in 25 countries. Opponents of LGBT adoption question whether same-sex couples have the ability to be adequate parents while other opponents question whether natural law implies that children of adoption possess a natural right to be raised by heterosexual parents. Since constitutions and statutes usually fail to address the adoption rights of LGBT persons, judicial decisions often determine whether they can serve as parents either individually or as couples.
In 1961, the South Carolina State Government passed a law mandating that the confederate flag be flown on the ground of its state capitol building. The law was passed to commemorate the centennial of the Civil War assault on Fort Sumter. Opponents argue that the flag is a political symbol that represents racial inequality and should be removed after the shooting deaths of nine African American church members in June 2015. Proponents argue that the flag is an important historical symbol that commemorates the state’s role in the Civil War.
In the United States, women hold 19.2 percent of board seats of companies listed in the Standard and Poors directory. In Norway 35% of companies have women on their board seats and just 3% of Japanese companies do.
The death penalty or capital punishment is the punishment by death for a crime. Currently 58 countries worldwide allow the death penalty (including the U.S.) while 97 countries have outlawed it.
In 1956, Congress passed a resolution declaring “IN GOD WE TRUST” as the national motto of the United States. President Eisenhower signed the law and the motto was added to paper money beginning in 1957. Opponents argue that the motto violates the U.S. Constitution since it is a clear violation of the separation of church and state. Proponents argue that it does not prefer one religious denomination over another.
In December 2015, the Pentagon announced that all combat roles would be opened to women. The roles include driving tanks, firing mortars, and leading infantry soldiers into combat. Women would also be able to serve as Army Rangers and Green Berets, Navy SEALs, Marine Corps Infantry and Air Force parajumpers. Proponents of women in combat argue that women have been serving in Afghanistan and Iraq for 15 years and preventing them from combat operations is discriminatory. Opponents argue that allowing women to serve in these roles would limit the military's ability to fight in combat situations.
Several Western countries including France, Spain and Canada have proposed laws which would ban Muslim women from wearing a Niqab in public spaces. A niqab is a cloth that covers the face and is worn by some Muslim women in public areas. The U.S. currently does not have any laws banning burqas. Proponents argue that the ban infringes on individual rights and prevents people from expressing their religious beliefs. Opponents argue that face-coverings prevent the clear identification of a person, which is both a security risk, and a social hindrance within a society which relies on facial recognition and expression in communication.
In April 2021 the legislature of the U.S. State of Arkansas introduced a bill that prohibited doctors from providing gender-transition treatments to people under 18 years old. The bill would make it a felony for doctors to administer puberty blockers, hormones and gender-reaffirming surgery to anyone under the age of 18. Opponents of the bill argue that it is an assault on transgender rights and that transition treatments are a private matter that should be decided between parents, their children and doctors. Supporters of the bill argue that children are too young to make the decision to receive gender transition treatment and only adults over the age of 18 should be allowed to do so.
Euthanasia, the practice of ending a life prematurely in order to end pain and suffering, is currently considered a criminal offense.
The 2012 Sandy Hook Elementary School shootings caused several states and cities to pass strict gun control measures. In response, state lawmakers in gun friendly states in the South and West passed bills that would strengthen Stand Your Ground laws and allow weapons in most public places. In 2014, 21 states passed laws that expanded the rights of gun owners allowing them to possess firearms in churches, bars, schools and college campuses. The federal government has not passed any gun control measures since the 1994 Brady Bill and 42 states now allow the possession of assault rifles. In the U.S. two-thirds of all gun deaths are suicides and in 2010 there were 19,000 firearm suicides and 11,000 firearm homicides.
In 2005, Congress passed the Protection of Lawful Commerce in Arms Act (PLCAA). The law protects gun manufacturers and dealers from being held liable when crimes have been committed with their products. The law was passed in response to a series of lawsuits filed against the gun industry in the late 1990s which claimed gun-makers and sellers were not doing enough to prevent crimes committed with their products. Proponents of the law argue that lawsuits will discourage gun manufacturers from supplying stores who sell guns that end up being used in violent crimes. Opponents argue that gun manufacturers are not responsible for random acts of violence committed with their products.
Affirmative action is a policy that encourages the increased representation of members of a minority group. In the U.S. these policies are often enacted by employers and educational institutions in education or employment.
In 2006, the U.S. Senate rejected a Constitutional Amendment which would have allowed Congress to pass legislation prohibiting the burning or desecration of the U.S. flag. The Flag Protection Act of 2005 was introduced by Senators Bob Bennett (R-Utah), Hillary Clinton (D-NY), Barbara Boxer (D-CA), Mark Pryor (D-ARK) and Thomas Carper (D-Del). The Act proposed a punishment of up to one year in jail and a fine of no more than $100,000.
In 1970, Congress passed the Controlled Substances Act which banned the manufacture, importation, possession, use and distribution of certain drugs. The act ranked drugs by their potential for abuse and placed them into five categories. Two of the most widely used drugs in the U.S., wine and alcohol, are exempt from the classifications. Ballot measures in several states including Colorado, Washington and Oregon have decriminalized possession of small amounts of marijuana. These laws apply only within the respective states and have no effect on Federal law.
In response to the 9/11 terrorist attacks, the Patriot Act expanded intelligence gathering capabilities including: monitoring of foreign financial transactions, detaining and deporting immigrants suspected of terrorism, wiretaps, business record searches, and surveillance of individuals suspected of terrorist activities. <a target="_blank" href="http://en.wikipedia.org/wiki/Patriot_Act">Learn more</a> or
In early 2020, several Democratic presidential candidates including Kamala Harris, Elizabeth Warren, Kirsten Gillibrand, Pete Buttigieg and Beto O’Rourke offered different proposals to reforming the Supreme Court. The proposals include adding 5 democratically elected judges to the current court and imposing term limits on current judges. According to the U.S. federal statute, justices have lifetime tenure unless they resign, retire, or are removed from office. Proponents of Supreme Court reform argue that the current court will be filled with too many conservative judges for the next several decades and it is not representative of the US population. Opponents argue that the plans are unconstitutional, would upset the balance of power and reinforce the idea that there are Democratic judges and Republican judges.
After the December shooting in San Bernardino, CA, President Obama stated in his weekly radio address that it was “insane” to allow suspected terrorists on the country’s no-fly list to purchase guns. Shortly after, Senate Democrats introduced a measure that would have restricted anyone on the federal terrorism watch list, also known as the no-fly list, from being able to purchase firearms in the U.S. The measure did not pass after Senate Republicans voted down the measure.
Net neutrality is the principle that internet service providers should treat all data on the internet equally. Proponents of net neutrality laws argue that they balance the rights and duties of individuals, governments and corporations, while ensuring that the Internet continues to be an open and decentralized network. Opponents include internet companies who complain that the law would increase their costs and create barriers to the free flow of information.
Edward Snowden is a former National Security Agency contractor who turned over classified documents revealing a board global surveillance program previously unknown to anyone outside the intelligence community. After the documents were published in the Guardian Newspaper in June 2013 Snowden fled to Russia where he is currently living under asylum.
In January 2018 Germany passed the NetzDG law which required platforms like Facebook, Twitter and YouTube to take down perceived illegal content within 24 hours or seven days, depending on the charge, or risk a fine of €50 million ($60 million) fines. In July 2018 representatives from Facebook, Google and Twitter denied to the U.S. House of Representatives Judiciary committee that they censor content for political reasons. During the hearing Republican members of Congress criticized the social media companies for politically motivated practices in removing some content, a charge the companies rejected. In April 2018 the European Union issued a series of proposals that would crack down on “online misinformation and fake news.” In June 2018 President Emmanuel Macron of France proposed a law which would give French authorities the power to immediately halt “the publication of information deemed to be false ahead of elections.”
Eminent domain is the power of a state or a national government to take private property for public use. It can be legislatively delegated by state governments to municipalities, government subdivisions, or even to private persons or corporations, when they are authorized to exercise the functions of public character. Opponents, including Conservatives and Libertarians in New Hampshire, oppose giving the government the power to seize property for private projects, like casinos. Proponents, including advocates of oil pipelines and national parks, argue that the construction of roads and schools would not be possible if the government could not seize land under eminent domain.
In October 2019 Twitter CEO Jack Dorsey announced that his social media company would ban all political advertising. He stated that political messages on the platform should reach users through the recommendation of other users – not through paid reach. Proponents argue that social media companies don’t have the tools to stop the spread of false information since their advertising platforms aren’t moderated by human beings. Opponents argue that the ban will disenfranchise candidates and campaigns who rely on social media for grassroots organizing and fundraising.
On June 17, 2021 President Joe Biden signed the Juneteenth National Independence Day Act into law. The law made June 19th a federal holiday commemorating the emancipation of enslaved African Americans. Juneteenth's commemoration is on the anniversary date of the June 19, 1865, announcement of Union Army General Gordon Granger proclaiming and enforcing freedom of enslaved people in Texas, which was the last state of the Confederacy with institutional slavery. The House version of the bill was sponsored by Texas Democratic Rep. Sheila Jackson Lee, and was co-sponsored by 166 members, two of whom are Republicans. It passed 415 to 14, with all the no votes coming from Republicans. It passed the Senate via unanimous consent.
In 2015, the U.S. Air Force announced that it had selected Boeing to build the next generation of Air Force One aircraft. Two new aircraft will be built and will enter service in 2024. The defense department estimates that the two new planes will cost U.S. taxpayers an estimated $4 billion. In December 2016, President-elect Donald Trump announced that costs for the project were out of control and he would cancel the plane order once he took office. Proponents of the new planes argue that the current planes used for Air Force One will be fifty years old in 2021 and spare parts for the old planes are becoming hard to find.
A term limit is a law that limits the amount of time a political representative may hold an elected office. In the U.S. the office of the President is restricted to two four year terms. There are currently no term limits for Congressional terms but various states and cities have enacted term limits for their elected officials at the local level.
After the March 22nd terrorist attacks in Belgium, Republican U.S. Presidential Candidate Ted Cruz said law enforcement should be empowered to “patrol and secure Muslim neighborhoods before they become radicalized.” In defending the plan, Cruz cited former New York Mayor Michael Bloomberg for his aggressive policing efforts, including the alleged targeting of Muslim neighborhoods for surveillance. Current New York City Mayor Bill de Blasio and NYPD commissioner Bill Bratton held a press conference where they criticized Cruz’s proposal as “incendiary” and “foolish.”
Australia currently has a progressive tax system whereby high income earners pay a higher percentage of tax than low income tax. A more progressive income tax system has been proposed as a tool towards reducing wealth inequality.
The federal minimum wage is the lowest wage at which employers may pay their employees. Since July 24, 2009 the U.S. federal minimum wage has been set at $7.25 per hour. In 2014 President Obama proposed raising the federal minimum wage to $10.10 and tying it to an inflation index. The federal minimum wage applies to all federal employees including those who work on military bases, national parks and veterans working in nursing homes.
A Universal Basic Income program is social security program where all citizens of a country receive a regular, unconditional sum of money from the government. The funding for Universal Basic Income comes from taxation and government owned entities including income from endowments, real estate and natural resources. Several countries, including Finland, India and Brazil, have experimented with a UBI system but have not implemented a permanent program. The longest running UBI system in the world is the Alaska Permanent Fund in the U.S. state of Alaska. In the Alaska Permanent Fund each individual and family receives a monthly sum that is funded by dividends from the state’s oil revenues. Proponents of UBI argue that it will reduce or eliminate poverty by providing everyone with a basic income to cover housing and food. Opponents argue that a UBI would be detrimental to economies by encouraging people to either work less or drop out of the workforce entirely.
5 U.S. states have passed laws requiring welfare recipients to be tested for drugs. Proponents argue that testing will prevent public funds from being used to subsidize drugs habits and help get treatment for those that are addicted to drugs. Opponents argue that it is a waste of money since the tests will cost more money than they save.
Proponents of deficit reduction argue that governments who do not control budget deficits and debt are at risk of losing their ability to borrow money at affordable rates. Opponents of deficit reduction argue that government spending would increase demand for goods and services and help avert a dangerous fall into deflation, a downward spiral in wages and prices that can cripple an economy for years.
In 2011 the level of public spending on the welfare state by the British Government accounted for £113.1 billion, or 16% of government. By 2020 welfare spending will rise to 1/3rd of all spending making it the largest expense followed by housing benefit, council tax benefit, benefits to the unemployed, and benefits to people with low incomes.
Labor unions represent workers in many industries in the United States. Their role is to bargain over wages, benefits, working conditions for their membership. Larger unions also typically engage in lobbying activities and electioneering at the state and federal level.
In 2014 the U.S. Senate blocked the Paycheck Fairness Act which would make it illegal for employers to pay unequal wages to men and women who perform the same work. The goals of the act were to make wages more transparent, require employers to prove that wage discrepancies are tied to legitimate business qualifications and not gender and prohibiting companies from taking retaliatory action against employees who raise concerns about gender-based wage discrimination. Opponents argue that studies which show pay gaps don’t take into account women who take jobs that are more family-friendly in terms of benefits rather than wages and that women are more likely to take breaks in employment to care for children or parents. Proponents point to studies including a 2008 census bureau report that stated that women's median annual earnings were 77.5% of men's earnings.
Capital gains are the profits earned from the the sale of stocks, bonds and properties. Investment managers pay a 15 to 20 percent capital gains tax on profits earned from their customers’ holdings. Supporters of the increase argue that capital gains should be taxed like any other income and should be raised to at least 31.5% (the average U.S. tax rate). Opponents of an increase argue that taxing capital gains will discourage investments in the U.S. economy and prohibit growth.
The U.S. currently levies a 35% tax rate at the federal level and an average tax of 4% at the state and local level. The average corporate tax rate worldwide is 22.6%. Opponents of argue that raising the rate will discourage foreign investment and hurt the economy. Proponents argue that the profits corporations generate should be taxed just like citizen’s taxes.
Several major U.S. companies including Netflix, Chipotle and Microsoft recently began offering their employees paid sick and maternity leave. The U.S. is currently the only industrialized country that doesn’t require companies to provide sick leave to their employees. 35% of American workers do not receive any type of paid sick leave.
An economic stimulus is a monetary or fiscal policy enacted by governments with the intent of stabilizing their economies during a fiscal crisis. The policies include an increase in government spending on infrastructure, tax cuts and lowering interest rates. In response to the 2008 financial crisis Congress passed the American Recovery and Reinvestment Act of 2009. The Act included increased spending on energy, infrastructure, education, health and unemployment benefits. The Act will cost an estimated $787 billion through 2019.