TRICKLE UP ECONOMICS (LEGISLATIVE TRIAD)

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The Democratic Party Has A Better Deal For Working Americans By Fighting Against A Rigged Economy

TRICKLE UP ECONOMICS SUMMARY

·         The Legislative Triad which is a tax bartering agreement between the Federal Government, Logistical Services, and Working Americans. This legislature creates the Infrastructure Trust Fund Fee funded for 80 years by Working Americans and Logistical Services. The Infrastructure Trust Fund fee will allow America to build a 21st Century Infrastructure.

·         The Federal Government will incrementally raise the minimum wage over five years to $16.00 an hour while giving Working Americans a Federal Income Tax Cut for individuals with salaries between $25,000 and $99.999 annually phased in over 5 years and extended up to 80 years in exchange for a $20.00 per month Infrastructure Trust Fund fee increasing to $30.00 per month in 2025.

·         Trucking Services, Air and (EDS) Services, Freight Rail Services and Maritime Services will receive a 80 year generous low corporate tax rate in exchange for a $10.00 per ton ITF fee. By extending the ITF fee through 12/31/2100 this legislature will eliminate Toll Fee’s and the Federal and State Gas Tax resulting in lower transportation prices for Working Americans.  By giving hard working Americans a better deal democrats will energize the economy by generating more demand for goods and services, creating millions of jobs in infrastructure and clean energy while reducing our dependency on fossil fuels while substantially lowering the National Debt.

THE LEGISLATIVE TRIAD – PHASE 1 

THE UNIVERSAL HEALTHCARE ACT – In December 2018 legislatures will create a sign into law the Medicare for All Act by combining Senator Bernie Sander’s American Health Security Act (S. 1782) legislation with Congressman John Conyers, Jr. HR-676: Medicare for All legislation creating a federally administered single-payer health care program
 
The American Health Security Act (S. 1782) introduced by Senator Bernie Sanders (I-Vermont. provides every American with affordable and comprehensive health care services through the establishment of a national American Health Security Program (the Program) that requires each participating state to set up and administer a state single payer health program.

  • The Program provides universal health care coverage for the comprehensive services required under S. 1782 and incorporates Medicare, Medicaid, the Children’s Health Insurance Program, the Federal Employees Health Benefits Program and TRICARE (the Department of Defense health care program), but maintains health care programs under the Veterans Affairs Administration. Private health insurance sold by for-profit companies could only exist to provide supplemental coverage.
  •  The program also relieves businesses from the heavy administrative burdens of providing health care coverage, puts all businesses on an even playing field in terms of healthcare coverage, and increases the competitiveness of American companies in the global marketplace. Every other industrialized nation has been able to use the power of a public authority to provide universal health care. The American Health Security Act of 2013 seeks to do just that for all Americans and their businesses.
  •  The bill already has 16 Democratic co-sponsors, a number that would have been unimaginable just a year ago. The independent senator from Vermont also released a white paper on how the government might finance such a health-care system, which included an income-based tax increase, an expansion of the estate tax, and a new tax on incomes of the 0.1 percent of Americans.

H.R. 676 introduced by Rep. John Conyers (D-Michigan), and has rapidly gained support from members across the country, adding 28 new co-sponsors in April alone. The bill would yield about $500 billion annually in administrative savings and provide immediate coverage to the 26 million Americans who are currently uninsured, achieving President Trump’s campaign promises of more coverage, better benefits and lower costs.Physicians for a National Health Program (PNHP), a group of 21,000 physicians, medical students and health professionals, announced today that H.R. 676, the Expanded and Improved Medicare for All Act has reached a record number of co-sponsors in the House of Representatives, now totaling 104.

THE LEGISLATIVE TRIAD – PHASE 2

THE WORKING AMERICA WAGE EQUALITY ACT – In December 2018 legislatures will sign into law the Working American Wage Equality Act which will raise the minimum wage to $12.00 an hour for all Working Americans initially affecting 35 million workers while being incrementally increased until it reaches $15.75 an hour by 2023. The minimum wage will be subjected to inflation indexing in 2025 which guarantees minimum wage workers a wage that keeps pace with the rising costs of goods and services. In conjunction with the minimum wage being incrementally increased 75 cents over five years, there will be a Federal Income Tax Cut for individuals with salaries between $25,000 and $99.999 annually.  This legislation will also provide Working Americans with up to 7 days of paid sick leave annually and paid leave allowed for family care.

  • A Study by the Economic Policy Institute shows that a $15 minimum wage by 2024 would undo the erosion of the value of the real minimum wage that began primarily in the 1980s. In fact, by 2019, for the first time in over 50 years, the federal minimum wage would exceed its historical inflation-adjusted high point, set in 1968. Gradually raising the minimum wage to $15 by 2024 would directly lift the wages of 22.5 million workers. On average, these low-wage workers would receive a $3.10 increase in their hourly wage, in today’s dollars. For a directly affected worker who works all year that translates into a $5,100 increase in annual wage income, an increase of 31.3 percent.
  • Another 19.0 million workers would benefit from a spillover effect as employers raise wages of workers making more than $15 in order to attract and retain their workforces. All told, raising the minimum to $15 in 2024 would directly or indirectly lift wages for 41.5 million workers, 29.2 percent of the wage-earning workforce. Over the phase-in period of the increases, the rising wage floor would generate $144 billion in additional wages, which would ripple out to the families of these workers and their communities. Because lower-paid workers spend much of their extra earnings, this injection of wages would help stimulate the economy and spur greater business activity and job growth.
  • The U.S. economy is constituted by 70 percent of consumer spending. According to Nick Hanauer, raising the national minimum wage to $15.00 an hour would inject as much as $450 billion in the U.S. economy each year.  That’s at least $11.2 trillion into the economy over 25 years. A $15 minimum wage would also save taxpayers an estimated $153 billion a year, according to a study by the University of California, Berkeley. Companies that pay low wages that force workers to get food stamps and other benefits to help offset their low wages.

This legislation will also include the fair labor Standards Act (FLSA). The rule extends overtime protections to $4.2 million workers who are not currently eligible under federal law. (See) https://www.dol.gov/whd/overtime/final2016/ The effective date of the final rule is December 1, 2016. The initial increases to the standard salary level (from $455 to $913 per week) and HCE total annual compensation requirement (from $100,000 to $134,004 per year) will be effective on that date. Future automatic updates to those thresholds will occur every three years, beginning on January 1, 2020.

AMERICANS MAKING LESS THAN $15.00 AN HOUR

 According to the National Employment Law Project, 42.4 percent of American workers currently make less than $15 an hour. Here are the occupations that are being under paid and have the most workers earning less than $15.00 an hour. http://www.slate.com/blogs/moneybox/2016/03/28/how_many_workers_earn_less_than_15_per_hour.html

2,826,982 - Cashiers make an average of $8.76 an hour.

2,094,246 - Retail sales persons make an average of $10.31 an hour.

1,907,694 - Waiters and waitress make an average of $8.05 an hour.

1,684,855 - Cooks make an average of $9.59 an hour.

1,551,597 - Nursing, psychiatric, home health aides make an average of $11.09 an hour.

1,557,897 - Janitors and building cleaners make an average of $11.08 an hour.

1,196,215 - Freight, stock, and material handlers make an average of $11.85 an hour.

1,067,609 - Stock clerks and order fillers make an average of $10.83 an hour.

1,061,672 - Secretaries and administrative assistants make an average of $16.13 an hour.

1,033,975 - Maids and housekeepers make an average of $10.00 an hour.

0,876,947 - Personal care aides make an average of $10.16 an hour.

0,819,965 - Receptionist and administrative assistants make an average of $12.58 an hour.

0,784,401 - Food preparation workers make an average of $9.15 an hour.

0,745,053 - Ground maintenance workers make an average of $10.57 an hour.

0,698,688 - Childcare workers make an average of $9.79 an hour.

0,608,707 - Construction laborers make an average of $14.81 an hour.

The 200 Highest-Paid CEOs in 2016 according to the New York Times http://www.equilar.com/reports/38-2-new-york-times-200-highest-paid-ceos-2016.html

The 25 Highest-Paid Restaurant CEOs in 2016 according to the Mother Jones http://www.motherjones.com/politics/2014/07/epi-study-restaurant-ceo-minimum-wage-workers-pay-gap

Stagnant income is the crisis of our time. Thanks to the productivity of America’s workers, the U.S. economy is nearly twice as large per capita as it was in 1980—but most families have nothing to show for it. Corporate profits as a share of our national income are at an all-time high, while wages are at a 65-year low.

Raising the minimum wage is one of the best tools we have to lift incomes and grow our consumer-driven economy. But in the past 40 years, the federal minimum wage—stuck at $7.25 since 2009—has lost 30 percent of its value. In Washington and in states and cities around the country, NELP is fighting for a wage families can live on—and an economy that works for all of us.

The analysis, from the National Employment Law Project, based on data and estimates from researcher David Cooper of the Economic Policy Institute, shows that by raising the federal minimum wage to $15 by 2024, as proposed in the Raise the Wage Act of 2017:

  • 20.7 million workers would see pay raises in the 21 states whose minimum wages are stuck at $7.25.
  • Fully half of the 41.5 million workers who would see pay increases are in the 21 states stuck at $7.25.
  • In the 13 other states with minimum wages of less than $9, nearly 13 million more workers also would see their hourly pay rise.
  • Of all the workers nationwide who would receive raises, 8 in 10 are in the 34 states with the lowest minimum wages.
  • In 19 of the 21 states at $7.25, more than 30 percent of wage-earners would benefit from raising the federal minimum wage to $15 by 2024; the highest share is in Mississippi, with 44.4 percent.
  • In each of seven of the 21 states at $7.25 (Georgia, Indiana, North Carolina, Pennsylvania, Tennessee, Texas, and Virginia), more than one million workers would see their hourly pay increase by raising the federal minimum wage to $15 by 2024; the highest number of affected workers is in Texas, at 4,687,000.

IMPLEMENTING PHASE 2

THE WORKING AMERICA WAGE EQUALITY ACT

1. In January 2019 minimum wage would increase to $12.00 an hour for all of Working Americans.

·         Including a Working Americans Federal Income Tax Cut for individuals with salaries between:

·         $23,060 – $24,480 80% Federal Income Tax Cut – In 03/01/2020 an average monthly savings of $097.00 to $111.00

·         $24,481 – $29,999 70% Federal Income Tax Cut – In 04/01/2020 an average monthly savings of $098.00 to $146.00

·         $30,000 – $34,999 55% Federal Income Tax Cut – In 05/01/2020 an average monthly savings of $115.00 to $149.00

·         $35,000 – $39,999 45% Federal Income Tax Cut – In 06/01/2020 an average monthly savings of $122.00 to $150.00

·         In January 2019 all Working Americans with salaries between $25.000 and $39,999 a year will incur a $20.00 per month ITF fee until 12/31/2024 in exchange for the Federal Income Tax Cut through 12/31/2045.

2. In January 2020 minimum wage would increase to $12.75 an hour for all of Working Americans.

·         Including a Working Americans Federal Income Tax Cut for individuals with salaries between:

·         $40,000 – $44,999 37% Federal Income Tax Cut – In 03/01/2021 an average monthly savings of $124.00 to $147.00

·         $45,000 – $49,999 31% Federal Income Tax Cut – In 04/01/2021 an average monthly savings of $123.00 to $148.00

·         $50,000 – $54,999 25% Federal Income Tax Cut – In 05/01/2021 an average monthly savings of $120.00 to $146.00

·         $55,000 – $59,999 21% Federal Income Tax Cut – In 06/01/2021 an average monthly savings of $122.00 to $144.00

·         In January 2020 all Working Americans with salaries between $40.000 and $59,999 a year will incur a $20.00 per month ITF fee until 12/31/2024 in exchange for the Federal Income Tax Cut through 12/31/2045.

3. In January 2021 minimum wage would increase to $13.50 an hour for all of Working Americans.

·         Including a Working Americans Federal Income Tax Cut for individuals with salaries between:

·         $60,000 – $64,999 18% Federal Income Tax Cut – In 03/01/2022 an average monthly savings of $124.00 to $142.00

·         $65,000 – $69,999 16% Federal Income Tax Cut - In 04/01/2022 an average monthly savings of $127.00 to $143.00

·         $70,000 – $74,999 15% Federal Income Tax Cut - In 05/01/2022 an average monthly savings of $134.00 to $150.00

·         $75,000 – $79,999 13% Federal Income Tax Cut - In 06/01/2023 an average monthly savings of $130.00 to $144.00

·         In January 2021 all Working Americans with salaries between $60.000 and $79,999 a year will incur a $20.00 per month ITF fee until 12/31/2024 in exchange for the Federal Income Tax Cut through 12/31/2045.

4. In January 2022 minimum wage would increase to $14.25 an hour for all of Working Americans.

·         Including a Working Americans Federal Income Tax Cut for individuals with salaries between:

·         $80,000 – $84,999 12% Federal Income Tax Cut - In 02/01/2023 an average monthly savings of $133.00 to $145.00

·         $85,000 – $89,999 11% Federal Income Tax Cut - In 02/07/2023 an average monthly savings of $133.00 to $144.00

·         In January 2022 all Working Americans with salaries between $80.000 and $89,999 a year will incur a $20.00 per month ITF fee until 12/31/2024 in exchange for the Federal Income Tax Cut through 12/31/2045.

5. In January 2023 minimum wage would increase to $15.00 an hour for all of Working Americans.

·         Including a Working Americans Federal Income Tax Cut for individuals with salaries between:

·         $90,000 – $94,999 10% Federal Income Tax Cut - In 02/01/2024 an average monthly savings of $131.00 to $142.00

·         $95,000 – $99,999 10% Federal Income Tax Cut - In 02/07/2024 an average monthly savings of $142.00 to $152.00

·         In January 2023 all Working Americans with salaries between $90.000 and $99,999 a year will incur a $20.00 per month ITF fee until 12/31/2024 in exchange for the Federal Income Tax Cut through 12/31/2045.

6. In January 2024 minimum wage would increase to $16.00 and be subjected to inflation indexing to keep pace with the rising cost of living so that minimum wage workers do not lose purchasing power each year.

7. In January 2025 toll fees and the State and Federal gas tax will become obsolete and all Working Americans will incur a $30.00 per month ITF fee through 12/31/2100.

THE LEGISLATIVE TRIAD – PHASE 3 

THE REBUILDING AMERICA’S INFRASTRUCTURE ACT – In December 2018 legislatures will sign into law The Rebuilding America’s Infrastructure & Clean Energy Act. This legislation will create up to 65 million jobs by initiating the largest Infrastructure rebuilding project in U.S. history. The Center on Budget and Policy Priorities warns that state and local spending on infrastructure including schools and wastewater treatment plants as well as highways and bridges are at 30-year lows.

  • The American Society of Civil Engineers 2017 Infrastructure Report finds the U.S. needs to invest $1.4 trillion in infrastructure between now and 2025, a civil engineering trade group said in March, and almost double what the country is projected to spend over that period. The nation needs to spend $3.32 trillion to keep its ports, highways, bridges, trains, water, and electric facilities up to date but has funded only $1.88 trillion of that, ASCE said. The shortfall rises to $5.2 trillion through 2040 without new funding commitments.
  • The report from the American Society of Civil Engineers paints a dismal picture of the country’s economy in the decades ahead unless local, state, and federal governments dramatically increase their infrastructure spending. Funding gaps could cost the economy almost $4 trillion and 2.5 million jobs by 2025 and $14.2 trillion and 5.8 million jobs by 2040, the report said.
  • The U.S. GDP was $18 trillion in 2015, according to the International Monetary Fund. "America is currently spending more failing to act on its infrastructure gap than it would to close it," said Greg DiLoreto, past president of ASCE and chair of the Committee for America's Infrastructure. It also dampens families' disposable income. From 2016 through 2025, each household will lose $3,400 annually because of infrastructure deficiencies, ASCE said.

CLEAN ENERGY-CLIMATE CHANGE INITIATIVE ACT - In December 2018 legislatures will sign into law the Clean Energy Climate Change Initiative a federal policy designed to accelerate the growth of utility-scale solar, According to the Solar Energy Industries Association, we can create jobs nationwide and quickly diversify America’s energy portfolio. Utility-scale solar will create jobs across the supply chain, from R&D and engineering to manufacturing and project finance to development and construction.

  • The amount of sunshine that falls on Texas in one month contains more energy than all of the oil that has ever been pumped in the State. (One year’s worth of solar energy on one acre of land in West Texas equals the energy equivalent of 800 barrels of oil). Texas has more solar energy potential than any other U.S. state. All Fossil Fuel job loss will be offset by automatic clean energy training and job placement.
  • National Solar Jobs Census 2016 found that solar employment increased by over 51,000 workers, a 25 percent increase over 2015. Overall, The Solar Jobs Census found there were 260,077 solar workers in 2016. Solar industry employment has nearly tripled since 2010. On average, solar installation workers the industry’s biggest sector earn a median wage of $26 per hour, while solar designers earn $37 per hour and sales, marketing and customer service professionals earn $30 per hour.

THE INFRASTRUCTURE TRUST FUND – The newly created Infrastructure Trust Fund will receive $4.6 trillion dollars allocated over 25 years for updating, repairing, and modernizing our aging infrastructure starting in 2020 through 2045.

Infrastructure Trust Fund Allocations

  • $900 Billion for Building & Transiting to a Utility-Scale Solar and Wind Farm Integrated Smart Clean Energy Grid.
  • $900 Billion for Modernizing, Expanding and Reconstructing Roads and Bridges,
  • $500 Billion for Modernizing and Expanding Community Rail and High-Speed Transit Systems.
  • $500 Billion for Dams and Levees, Water, Wastewater, Hazards and Solid Waste Funding.
  • $300 Billion for Revitalizing Main Street and Building Resilient Communities.
  • $300 Billion for Rebuilding and Modernizing Schools and Investing in Scientific Infrastructure.
  • $300 Billion for Modernizing and Improving Airports Infrastructure and Security.
  • $300 Billion for Investing in Public Land and Tribal Infrastructure.
  • $200 Billion for Inland Waterways and Marine Port Funding.
  • $100 Billion for Modernizing V.A. Hospitals and Expanding Broadband Technologies.
  • $100 Billion for Expanding TIGER & Providing Innovated Financing Tools.
  • $100 Billion for Clean Energy Training and Fossil Fuels Jobs Replacement Grants.
  • $050 Billion for Modernizing and Protecting Our Freedom of Information Infrastructure.
  • $050 Billion for Modernizing, Expanding, and Protecting Our Voting Infrastructure.

THE ECONOMICS OF THIS BILL

$200 billion a year, generated annually through the newly created Infrastructure Trust Fund Fee.

$230 billion a year, from a reduction in accidents and crashes because of a more efficient infrastructure.

$153 billion a year, by removing workers from food stamps and other benefits that help offset their low wages.

$500 million a year, injected into the economy annually by raising the wages of 82% of Working Americans.

$17.5 trillion saved over 10 years, from the cost of the current healthcare system while covering 100% of all Americans

INFRASTRUCTURE TRUST FUND FEE

16 Billion tons of Logistics Services in 2015 - (ITF) will generate up to $160 Billion of revenue annually and 12.8 Trillion in 80 years.

Logistical Services are part of an economy that relies on the efficient movement of freight and will incur a per ton ITF fee. In exchange for the ITF fee, these services will receive a substantially lower corporate tax rate through 2100.

  • Trucking services will incur a $10.00 per ton ITF fee in 2020 through 12/31/2100.
  • Air and (EDS) services will incur a $10.00 per ton ITF fee in 2020 through 12/31/2100.
  • Freight rail services will incur a $10.00 per ton ITF fee in 2020 through 12/31/2100.
  • Maritime services will incur a $10.00 per ton ITF fee in 2020 through 12/31/2100.

125 Million Labor Force in 2015 - (ITF) will generate up to $30 Billion of revenue annually and up to $4 Trillion in 80 years. The Labor Force expected to increases up to 200 million by 2045.

  • In January 2020 all Working Americans with salaries between $23.060 and $99,999 a year will incur a phased-in $20.00 per month ITF fee until 12/31/2024 in exchange for the Federal Income Tax Cut through 12/31/2045.
  • In January 2025 toll fees will become obsolete and all Working Americans with salaries between $30.240 and $99,999 a year will incur a $30.00 per month ITF fee through 12/31/2100.

OPTIONAL INFRASTRUCTURE TRUST FUND FEE

17 Million Vehicles sold in 2015 - (ITF) will generate up to $3.4 billion of revenue annually and $272 billion in 80 years.

  • The automobile industry is part of an economy that relies on the efficient movement of their freight which these properties will incur a Tax, Title, License & $200.00 per vehicle ITF Fee.

125 Million Households in 2015 - (ITF) will generate $1.5 Billion of revenue annually and $120 billion in 80.

  • Households’ establishments are part of an economy that relies on the efficient movement of freight in their neighborhoods which these properties will incur a $12.00 per year ITF fee.

7 Million Businesses in 2015 - (ITF) will generate $140 Million of revenue annually and $11.2 billion in 80 years.

  • Business establishments are part of an economy that relies on the efficient movement of freight which these properties will incur a $20.00 per month ITF fee.

260 Million Registered Vehicles In 2015 - (ITF) will generate $260 Million of revenue annually and $20.8 Billion in 80.

  • All vehicles inspection/registration will incur a $1.00 ITF fee.

214 Million Licensed Drivers in U.S. in 2015 - (ITF) will generate $214 Million of revenue annually and $17.1 Billion in 80 years.

  • All Driver License fees will incur a $1.00 ITF fee.

167 Million New Tires sold in U.S. in 2015 - (ITF) will generate $167 Million of revenue annually and $13.3 billion in 80 years.

  •  All new tires will incur a $1.00 ITF fee.

CLOSING STATEMENT

  • By signing this petition I am asking you to get 25 of your friends on social sites to also sign this petition.

TRICKLE UP ECONOMICS JOBS & CLEAN ENERGY ACT (THE LEGISLATIVE TRIAD) is a bill that will make people's lives better.

This legislature will boost demand for goods and services energizing the economy by creating jobs and putting more money in the pockets of Working Americans.

Sincerely

Texas State Delegate Anthony C. Webb SD-16 (A Democratic Progressive)



Today: Texas State Delegate Anthony C. is counting on you

Texas State Delegate Anthony C. Webb SD-16 needs your help with “MEDICARE FOR ALL, $16.00 MINIMUM WAGE & UNION, TAX CUT FOR WORKING AMERICANS & REBUILDING OUR INFRASTRUCTURE”. Join Texas State Delegate Anthony C. and 465 supporters today.