Economy

Wealth and income inequality is the greatest moral issue of our time. The gap between the wealthiest Americans and everyone else has not been this high since right before the Great Depression.

This inequality is causing more and more working Americans to slip through the cracks, and lose out on the American Dream. Our nation was founded on the principle of equality of opportunity, but special interests have been able to write the rules of our society for their own benefit at our expense.

  • When the wealthiest people and corporations create and exploit their own tax loopholes, working Americans are forced to foot the bill.
  • Peter Jacob supports a fairer tax system which requires the highest earning Americans to pay their fair share of taxes.
  • Peter Jacob supports the creation of millions of new jobs though increased infrastructure spending for roads, bridges, railways, airports, public transit systems, ports, dams, wastewater plants, and other infrastructure needs.
  • Peter Jacob supports a responsible increase to the federal minimum wage from $7.25 to $15 an hour.