Reviewing: Elizabeth Warren
Education
Free College
Supports free 4 year public college.
Cancel Student Debt
Cancel up to $50,000 in [federal] student loan debt for tax fillers making under $100,000. Above that, for every $3 in income, you lose $1 of loan cancellation. No cancellation above $250,000. The formula works out such that at $249,997 of annual income you would get $1 of debt cancellation. She has a calculator here.
Economy
Tax the Rich
She wants to establish a new wealth tax with the following brackets
| Percent Tax Rate | Net Worth |
|---|---|
| 2% | $50,000,000 - $1,000,000,000 |
| 6% | $1,000,000,000+ |
She has a calculator here.
Living Wage
Supports the Raise the Wage Act to raise the federal minimum wage to $15 an hour.
Healthcare
She supports a single payer system, the Medicare for All Act.