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" "The unprecedented global challenges that the United States faces today—climate change, pandemics, nuclear proliferation, massive economic inequality, terrorism, corruption, authoritarianism—are shared global challenges. They cannot be solved by any one country acting alone. They require increased international cooperation—including with China, the most populous country on earth. It is distressing and dangerous, therefore, that a fast-growing consensus is emerging in Washington that views the U.S.-Chinese relationship as a zero-sum economic and military struggle. The prevalence of this view will create a political environment in which the cooperation that the world desperately needs will be increasingly difficult to achieve.
Bernard Sanders (born September 8, 1941) is an American politician who has served as the junior from Vermont since 2007. The for the state's at-large congressional district from 1991 to 2007, he is the longest-serving independent in U.S. congressional history and a member of the Democratic caucus. Sanders ran unsuccessfully for the 2016 and 2020 Democratic nomination for president.
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As a candidate for president, Trump promised that he would stand up for the working class of this country. Needless to say, that was a lie. Almost half of the benefits in the Trump/Republican tax plan would go to the top 1%, according to the Center for Budget and Policy Priorities. Additionally, they want to lower the corporate tax rate from 35% to 20%, even though in 2012 one out of every five large, profitable corporations in the US paid no federal income taxes at all and between 2008 and 2015, 18 corporations had a tax rate lower than 0%. Republicans also want to make it easier for companies to shelter their profits overseas and pay zero taxes. The “territorial tax system” they are proposing, which means companies would be taxed only on income earned within our country’s borders, would exempt the offshore profits of American corporations from US taxes and allow for a one-time 12% tax on their offshore cash profits when brought back into the United States. Meanwhile, while the wealthy and large corporations are receiving huge tax breaks, nearly half of middle-class families would actually see their taxes go up by the end of the decade by eliminating deductions for medical expenses, student loan interest rates, state and local income and sales taxes, and the cost of health insurance for the self-employed.
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During his campaign, Trump said that he would stop the pharmaceutical companies from “getting away with murder.” Well, that didn’t happen. They’re making more money than ever. During the first half of last year there were 96 drug price increases for every price cut. Today, in the United States, we pay by far the highest prices in the world for prescription drugs, while the top ten pharmaceutical companies made $69 billion in profits last year alone. Shockingly, one out of five Americans cannot afford to purchase the prescription drugs their doctors prescribe. That is insane. As president, I will implement legislation I have introduced which would lower prescription drug prices by 50 percent so Americans no longer pay any more for their medicine than the people of other countries. During his campaign, Trump promised he would not cut Medicare, Medicaid and Social Security. But the budget he proposed in March would cut $1.5 trillion from Medicaid, $845 billion from Medicare, and $25 billion from Social Security. As president, at a time when so many seniors and people with disabilities are struggling, I will not cut Social Security. In fact, legislation that I have introduced would expand Social Security benefits while extending its solvency for over 50 years. During his campaign, Trump promised that “the rich will not be gaining at all” under his tax plan. But the reality is that the plan that he helped pass provides 83 percent of the benefits to the top one percent by the end of the decade. Further, as a result of his tax plan, major profitable corporations like Amazon, General Motors, Chevron, IBM and Eli Lilly and dozens of other major corporations paid zero in federal income taxes after making billions in profits. That is a regressive and unfair tax system that must not be allowed to continue. At a time when the very rich are getting much richer and when corporations are enjoying record-breaking profits, I believe that the wealthiest people in this country have got to start paying their fair share of taxes and that we must end the tax havens that exist in places like the Cayman Islands where corporations and the rich stash trillions of dollars to avoid paying their taxes.