TRICKLE UP ECONOMICS (LEGISLATIVE TRIAD)

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THE ECONOMICS OF THIS BILL

·         $592 billion a year saved from transitioning the Affordable Care/Obama-care which cost $110 billion a year to a Medicare for All healthcare system saving the Federal Government billions of dollars from the current cost of the American health care system. http://pnhp.org/blog/2013/07/31/friedman-analysis-of-hr-676-medicare-for-all-would-save-billions/

·         $70 billion a year, saved from removing workers off of SNAP and other food assistant programs that help offset their low wages. https://www.cbpp.org/research/policy-basics-the-supplemental-nutrition-assistance-program-snap

·         17 billion a year in tax generated annually in the first 8 years by legalizing marijuana in all 50 states creating 1 million jobs.       

       http://www.businessinsider.com/cannabis-to-add-a-million-jobs-132-billion-tax-revenue-to-us-by-2025-2018-1

·         $653 billion a year saved from the $871 billion from the Social and Economic Impact on U.S. Citizens for motor vehicle crashes. https://www.ishn.com/articles/98760-cost-of-motor-vehicle-accidents-in-us-per-year-871-billion

·         $250 billion a year, savings from Americans from wasted time and fuel. http://inrix.com/press-releases/americans-will-waste-2-8-trillion-on-traffic-by-2030-if-gridlock-persists/

·         $144 billion a year, of additional income generated by raising minimum wage to $15.00 incrementally by 2024 according to the Economic Policy Institute https://www.epi.org/publication/15-by-2024-would-lift-wages-for-41-million/

·         $180 billion a year of additional income generated by a middle class tax cut for individuals with incomes up to $99,000.00 annually.

·         18 Billion tons of Logistics Services in 2017 – At $10.00 per ton. The (ITF) will generate up to $180 Billion of revenue annually and at least15 Trillion in 80 years. https://www.statista.com/statistics/194555/total-weight-of-us-shipments-since-2007/

·         160 Million Labor Force in 2017 – At $30.00 per month. The (ITF) will generate up to $58 Billion of revenue annually and at least $4.6 Trillion in 80 years. https://www.statista.com/statistics/191750/civilian-labor-force-in-the-us-since-1990/ 

TRICKLE UP ECONOMICS SUMMARY

Trickle Up Economics is a tax bartering agreement between the Federal Government, Logistical Services, and Working Americans to fund and create millions of jobs by investing in our aging Infrastructure. This legislature creates the Infrastructure Trust Fund Fee funded for 30 years and will allow America to build a 21st Century Utility Scale Solar and Wind dominated Clean Energy Infrastructure. Failure to act in repairing our Infrastructure will result in $3.9 trillion in losses to the U.S. GDP by 2025; $7 trillion in lost business sales by 2025; and 2.5 million lost American jobs by 2025. On top of those costs, hardworking American families will lose upwards of $3,400 in disposable income each year, about $9 each day. https://www.infrastructurereportcard.org/the-impact/economic-impact/

·         Minimum wage will be incrementally increased over five years to $15.00 an hour by 2023. In 2024 minimum wage would be “indexed” to median wages after being increased to $16.00 an hour so that each year, the minimum wage would automatically be adjusted based on growth by the median wage. By repealing the Trump Tax Cuts and passing a Middle Class Tax Cut Working Americans will receive a Federal Income Tax Cut for individuals with salaries between $25,000 and $99.999 annually phased in over 5 years in exchange for a $30.00 per month Infrastructure Trust Fund Fee. https://news.vice.com/en_us/article/5954x5/democrats-just-united-on-a-15-an-hour-minimum-wage

·         Medicare for All is where the ACA / Obamacare is headed and the two most popular bills are from  Senator Bernie Sander’s American Health Security Act (S. 1782) legislation http://pnhp.org/blog/2013/12/10/bernie-sanders-introduces-s-1782-the-american-health-security-act-of-2013/ and Congressman John Conyers, Jr. version HR-676 Medicare for All legislation which are both excellent and similar legislations. Under both legislations patients will be able to choose a health care provider without worrying about whether that provider is in-network. Patients will be able to get the care they need without having to read any fine print or trying to figure out how they can afford the out-of-pocket costs. https://www.vox.com/policy-and-politics/2017/8/28/16114436/john-conyers-single-payer-insurance
 
·         Decriminalizing and Legalize marijuana in all 50 states would create billions of dollars in additional tax revenue for the federal government while immediately adding at least 782,000 jobs to the US economy. That number would increase to at least 1.1 million jobs by 2025. http://www.businessinsider.com/cannabis-to-add-a-million-jobs-132-billion-tax-revenue-to-us-by-2025-2018-1 Because of its medicinal benefits legalizing marijuana will help in lower the cost of medicine for consumers. The introduction of medical marijuana laws has led to a sharp reduction in violent crime in US states that border Mexico. https://www.theguardian.com/world/2018/jan/14/legal-marijuana-medical-use-crime-rate-plummets-us-study

·         Trucking Services, Air and (EDS) Services, Freight Rail Services and Maritime Services will receive a 30 year negotiated lower corporate tax rate in exchange for a $10.00 per ton Infrastructure Trust Fund fee. By extending the ITF fee through 12/31/2100 this legislature will eliminate Toll Fee’s and the Federal and State Gas Taxes resulting in lower transportation prices for Working Americans. https://www.statista.com/statistics/194555/total-weight-of-us-shipments-since-2007/  

THE LEGISLATIVE TRIAD – PHASE 1 

THE WORKING AMERICA WAGE EQUALITY ACT – In November 2018 legislatures will initially 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 initially while being incrementally increased $0.75 cents a year until it reaches $15.00 an hour by 2023. Minimum wage will be subjected to inflation indexing in 2024 after being increased to $16.00 an hour which guarantees minimum wage workers a wage that keeps pace with the rising costs of goods and services. This legislation will also provide Working Americans with up to 7 days of paid sick leave annually and paid leave allowed for family care. This legislation will also provide Working Americans with freedom to negotiate with unions. https://medium.com/@SenSchumer/the-freedom-to-negotiate-a-better-deal-31926116fcb5 

·         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) 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. https://www.dol.gov/whd/overtime/final2016/overtime-factsheet.htm

·         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. 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. https://www.epi.org/publication/15-by-2024-would-lift-wages-for-41-million/

·         This legislation will amend rules within The Fair Labor Standards Act preventing C Corporation and Pass-Through-Entities from subverting or manipulating its workforce size with the intent to offset federal minimum wage increases for Working Americans. Under this rule C Corporation and Pass-Through-Entities must adhere to a minimal workforce capacity of ninety five percent full time workers to five percent part time workers.

·         This legislation will allow the Fair Labor Standards Act  to enact a new definition for employee work hours. Part-time employment will be defined as up to 30 hours a week. Any hours over 30 will be considered overtime at ¼ of the hourly wage and full-time employment will be defined as 40 hours a week. Any hours over 40 will be considered overtime at ½ of the hourly wage. C Corporation and Pass-Through-Entities will no longer be able to determine their own definitions of Part-time and or Full-time employee working hours.

THE FEDERAL JOB GUARANTEE ACT - This legislation will guarantee a job for anyone who wants to work. The permanent establishment of a National Investment Employment Corps (NIEC).The NIEC will provide universal job coverage for all adult Americans. The permanent establishment of the NIEC would eliminate involuntary unemployment. To provide an adequate living for workers and keep them and their families financially stable, workers will receive a benefits package in addition to a non-poverty wage as part of their compensation.https://www.cbpp.org/research/full-employment/the-federal-job-guarantee-a-policy-to-achieve-permanent-full employment 

·         The elimination of poverty wages through the pay structure of the NIEC. The federal job guarantee would provide a job at a minimum annual wage of $24,600 for full-time workers (poverty line for a family of four) and a minimum hourly wage of $12.00. Workers would have the opportunity to advance within the program, rising from the minimum wage in the program to an estimated mean salary of $32,500. The wage would be indexed to the inflation rate to ensure that the purchasing power of enrollees is maintained and the wage will vary to allow for some degree of regional variation. The minimum wage rate in the program will also rise to meet the national minimum wage if it were to exceed the wage rate recommended here.

·         The inclusion of fringe benefits. To provide a true non-poverty wage and meet the fundamental rights of American citizens, the policy will include health insurance for all full-time workers in the program. The health insurance program should be comparable to that offered to all civil servants and elected federal officials. In addition, the NIEC would offer benefits such as retirement plans, paid family and sick leave, and one week of paid vacation per three months worked. These benefits, in conjunction with non-poverty wages, will set a reasonable floor in the labor market—which, through competitive forces, will result in private-sector workers having the dignity of fringe benefits as well.

·         The elimination of involuntary unemployment. A public option for employment means workers will no longer be forced into unemployment. The policy would eliminate cyclical and structural unemployment and provide workers with the dignity and sense of purpose that comes with employment. Furthermore, the elimination of involuntary unemployment would bypass the social and personal ills associated with unemployment, such as the erosion of skills, increased rates of physical and mental illness, suicide and attempted suicide, and failed relationships, among others.

MIDDLE CLASS TAX CUTS ACT – In November 2018 legislatures will repeal the Trumps Tax Cut and replace it with a Middle Class Tax Cut. For Working Americans with salaries between $25,000 Dollars and $99,999 Dollars anually will receive a tax cut between 1,200.00 Dollars and up to 1,800.00 Dollars annually. Tax cuts will be incrementally increased over five years in conjunction with a minimum wage being incrementally increase.

IMPLEMENTING PHASE 1

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 01/01/2020 an average monthly savings of $097.00 to $111.00

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

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

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

·         In January 2019 all Working Americans with salaries between $22.000 and $39,999 a year will incur a $20.00 per month ITF fee through 12/31/2100 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 01/01/2021 an average monthly savings of $124.00 to $147.00

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

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

·         $55,000 – $59,999 21% Federal Income Tax Cut – In 01/01/2021 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 $30.00 per month ITF fee through 12/31/2100 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 01/01/2022 an average monthly savings of $124.00 to $142.00

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

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

·         $75,000 – $79,999 13% Federal Income Tax Cut - In 01/01/2023 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 $30.00 per month ITF fee through 12/31/2100 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 01/01/2023 an average monthly savings of $133.00 to $145.00

·         $85,000 – $89,999 11% Federal Income Tax Cut - In 01/01/2023 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 $30.00 per month ITF fee through 12/31/2100 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 01/01/2024 an average monthly savings of $131.00 to $142.00

·         $95,000 – $99,999 10% Federal Income Tax Cut - In 01/01/2024 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 $30.00 per month ITF fee through 12/31/2100 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 2


THE UNIVERSAL HEALTHCARE ACT – In April 2019 legislatures will create and 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 Universal Healthcare Act will be implemented incrementally by time zones. 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. Combining the two bills together will be the logical approach. http://www.pnhp.org/MedicareForAll
 
·         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 Democrats campaign promises of more coverage, better benefits and lower costs. http://www.medicareforall.org/pages/HR676
 
·         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 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 https://medium.com/@repjohnconyers/conyers-applauds-bernie-sanders-senate-introduction-of-medicare-for-all-legislation-17d848c201a1

·         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. Medicare-For-All national health care study indicates it will create: 2.6 million new jobs, $100 billion annually in the pockets of employees, $317 billion to employers and $44 billion in tax revenues to hard-pressed local governments.

·         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; it puts all businesses on an even playing field in terms of healthcare coverage, and increases the competitiveness of American companies in the global marketplace. https://www.blackagendareport.com/content/medicare-all-will-create-26-million-new-jobs-say-ca-nurses

THE DECRIMINALIZE MARIJUANA ACT - Medical marijuana (also referred to as medical cannabis, medical weed, medicinal marijuana and medical pot) is an affordable, safe and effective alternative for many expensive, ineffective and highly addictive prescription medicines. Medical marijuana use is legal in many states, and there are hundreds of medicinal uses for marijuana.

·         New Frontier data, a data analytics firm focused on the cannabis industry, forecast that if legalized on the federal level, the marijuana industry could create an entirely new tax revenue stream for the government, generating millions of dollars in sales tax and payroll deductions. The analysis shows that if marijuana were fully legal in all 50 states, it would create a combined$131.8 billion in federal tax revenue between 2017 and 2025. That is based on an estimated 15 percent retail sales tax, payroll tax deductions and business tax revenue. http://www.businessinsider.com/cannabis-to-add-a-million-jobs-132-billion-tax-revenue-to-us-by-2025-2018-1

·         More than 300 economists, including three nobel laureates, have signed a petition calling attention to the findings of a paper by Harvard economist Jeffrey Miron, which suggests that if the government legalized marijuana it would save $7.7 billion annually by not having to enforce the current prohibition on the drug. The report added that legalization would save an additional $6 billion per year if the government taxed marijuana at rates similar to alcohol and tobacco. That’s as much as $13.7 billion per year, but it’s still minimal when compared to the federal deficit, which hit $1.5 trillion last year, according to the Congressional Budget Office. https://www.huffingtonpost.com/2012/04/17/economists-marijuana-legalization_n_1431840.html

·         Now is the time for physicians to support effective government regulation of cannabis, as decriminalization has proven to be an inadequate alternative to legalization. According to a WebMD/Medscape poll, most American physicians believe that medical cannabis should be legal, and hundreds of thousands of doctors now support legalization of cannabis for consenting adults. Cannabis is now fully legal for over 20% of adults in the United States — and that number is increasing rapidly. As the public recognizes that cannabis prohibition clearly causes more harm than good, the momentum for nationwide legalization grows. https://dfcr.org/

·         Doctors for Cannabis Regulation are the first and only national physicians’ association dedicated to the legalization and effective regulation of cannabis for adults. Until our launch, many physicians were reluctant to publicly voice their opposition to the war on marijuana, lest they appear to condone recreational cannabis use and violate their ethical responsibility to “do no harm.” But through daily immersion in anecdotal patient experience and scientific evidence, knowledgeable American physicians now recognize: https://dfcr.org/wp-content/uploads/Declaration-of-Principles.pdf  

THE LEGISLATIVE TRIAD – PHASE 3

THE REBUILDING AMERICA’S INFRASTRUCTURE ACT – In November 2019 legislatures will sign into law the Rebuilding America’s Infrastructure & Clean Energy Act investing 6 trillion in infrastructure spending over 30 years. This legislation will create millions of 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, highways, and bridges are at 30-year lows.

http://www.thefiscaltimes.com/2016/02/25/Roads-Crumble-Infrastructure-Spending-Hits-30-Year-Low

·         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, 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. https://www.infrastructurereportcard.org/

·         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. https://www.reuters.com/article/us-usa-infrastructure/americas-infrastructure-1-44-trillion-short-through-2025-report-idUSKCN0Y12K6               

CLEAN ENERGY CLIMATE CHANGE INITIATIVE ACT - In April 2020 legislatures will sign into law the Clean Energy Climate Change Initiative a federal policy designed to accelerate the growth of utility-scale solar, Texas has more solar energy potential than any other U.S. state. The amount of sunshine that shines 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 to the energy equivalent of 800 barrels of oil). All Fossil Fuel job lost will be offset by automatic clean energy training and job placement.  https://www.seia.org/initiatives/utility-scale-solar-power

·         Utility-scale solar will create jobs across the supply chain, from R&D and engineering to manufacturing and project finance to development and construction. According to the Solar Energy Industries Association, Utility-scale solar can create jobs nationwide and quickly diversify America’s energy portfolio. Up under this legislation all States will adhere to net-metering policies and the Investment Tax Credit (ITC) will be increased and fixed at 40% up to the year 2030 followed by a fixed rate of 30% up to the year of 2040 followed by a fixed rate of 20% up to the year of 2050. https://www.seia.org/initiatives/solar-investment-tax-credit-itc

·         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. https://www.thesolarfoundation.org/solar-jobs-census/factsheets-2017/ 

A BETTER DEAL CLEAN ENERGY INCENTIVE – For too long, the corporate tax code has been stacked in favor of large corporations that outsource jobs overseas to countries like China. The new republican tax give-away has only made the problem worst. This unfair system makes it difficult for companies committed to growing in the United States to compete. These Patriot Companies deserve A Better Deal from our tax code. Senate Democrats would create a corporate tax credit worth $1,500 for every employee in the United States when companies commit to pay fair wages, provide health insurance and a safe retirement, as well as a plan to help veterans and foster a diverse workforce.

https://www.greentechmedia.com/articles/read/democrats-infrastructure-plan-80-billion-grid-upgrades#gs.E7lYJG4

·         Incentives for clean electricity: A technology-neutral tax credit for domestic production of clean electricity. This would be open to all resources, based on a simple rule: the cleaner the facility, the larger the credit. It would be available as either a production tax credit of up to 2.3 cents per kilowatt-hour or an investment tax credit of up to 30 percent. The credit would also be available for carbon-capture equipment, energy storage, and investments in grid security and resiliency to further reduce emissions and increase grid reliability.

·         Incentives for energy conservation: A performance-based tax credit for energy-efficient homes and tax deduction for energy efficient commercial buildings -- the more energy conserved, the larger the incentive. The incentives promote energy-efficient construction of new buildings, as well as retrofits to existing buildings, encouraging rehabilitations to reduce energy consumption.

·         Incentives for clean transportation fuel: A technology-neutral tax credit for domestic production of clean transportation fuel. Again, this would be open to all resources and be based on the rule: the cleaner the fuel, the larger the credit. This would provide a production tax credit of up to $1 per gallon. The existing tax credit for fuel cell vehicles would be made permanent, and the per-manufacturer limitation for the electric vehicle tax credit would be eliminated, accelerating the transition to a cleaner transportation system.

INFRASTRUCTURE TRUST FUND BUDGET

INFRASTRUCTURE TRUST FUND – The newly created Infrastructure Trust Fund will receive $6 Trillion dollars allocated over 30 years for updating, repairing, and modernizing our aging infrastructure starting in 2020 through 2050.

Infrastructure Project Allocations:

·         $1 Trillion for Modernizing, Expanding and Reconstructing Roads and Bridges,

·         $800 Billion for Building & Transitioning into a Utility-Scale Solar and Wind Farm Clean Energy Grid.

·         $800 Billion for Modernizing and Expanding Community Rail and High-Speed Transit Systems.

·         $800 Billion for Dams and Levees, Water, Wastewater, Hazards and Solid Waste Funding.

·         $400 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.

·         $300 Billion for Inland Waterways and Marine Port Funding.

·         $300 Billion for Reinvesting in Americans Public Housing.

·         $300 Billion for Revitalizing Main Street and Building Resilient Communities.

·         $300 Billion for Modernizing V.A. Hospitals and Expanding Broadband Technologies.

·         $200 Billion for Clean Energy Training and Fossil Fuels Jobs Replacement Grants.

·         $100 Billion for Modernizing and Protecting Our Freedom of Information Infrastructure.

·         $100 Billion for Modernizing, Expanding, and Protecting Our Voting Infrastructure.

Trickle Up Economics Legislation is produced by Texas State Delegate Anthony Webb of SD-16 a Progressive Wage Equality Advocate within the Democratic Party. This legislation is my amendment to A Better Deal which focuses on:

A Better Deal for (Higher Wages and Better Jobs)

·         https://www.democrats.senate.gov/abetterdeal/higher-wages-and-better-jobs

A Better Deal for (Lowering the Cost of Living for Families) 

·         https://www.democrats.senate.gov/abetterdeal/lower-the-cost-of-living-for-families

A Better Deal for (Tools to Succeed in the 21st Century)

·         https://www.democrats.senate.gov/abetterdeal/tools-to-succeed-in-the-21st-century

This Legislation creates 2 Trillion of annual revenue for the Federal Government that pays for the cost of a 21st Century Infrastructure, saves billions in taxes, creates millions of jobs, lowering the cost for healthcare while raising the wages and lowering taxes for Working Americans. Trickle Up Economics Legislation includes the Public Policy implementation time line and amendments to the guidelines and procedures of law. Trickle Up Economics is the driving force of progressive ideas and thinking philosophies being implemented by a New Democratic Party. 

Trickle Up Economics is A Better Deal on Steroids

·         https://www.change.org/p/trickle-up-economics

 



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