Economic Justice
Oliver believes the crisis of corporate oligarchy and billionaire wealth is the most urgent fight facing the United States of America.
Oliver will fight for a fair tax policy that restores the top marginal tax rates on corporations and billionaires. With policies that reinvest in America, we will rebuild an economy that kickstarts a growing middle class for new families and younger generations and circulates more cash to stimulate new business growth and wealth generation at all levels of the economy.
Big Tech
Oxfam International predicts that there will be at least five trillionaires within the next decade. Elon Musk, Mark Zuckerberg, and Jeff Bezos have accumulated more wealth than the bottom half of society — 165 million Americans. That system is corrupt, immoral, and antithetical to democracy.
These Big Tech Billionaires have grown phenomenally wealthy by selling our personal data to advertisers — and they owe the American people.
In Congress, Oliver will introduce legislation to regulate Big Tech giants dealing in consumer data. Oliver's legislation will give the American people their due with a Big Tech Dividend, compelling advertisers to pay us for using our personal consumer data to target us for advertising and marketing. He will introduce legislation to regulate social media giants as public utilities to protect our First Amendment rights in an online environment that increasingly functions as the public commons.
$25 Federal Minimum Wage
One job should be enough. Oliver will support House legislation to give 86 million Americans a raise of the federal minimum wage to $25, tie annual increases to the cost of inflation, and eliminate the so-called "tipped minimum" wage of $2.13 and other loopholes for ADA, minor, and incarcerated workers.
Customers should not be forced to subsidize starvation wages. Corporations should not get away with slave wages to incarcerated workers on convict leasing programs.
The United States economy has experienced cumulative inflation of nearly 50% since the minimum wage was raised to $7.25 in 2009. Florida Republicans have attempted to sabotage and undermine the will of the voters who passed a $15 minimum wage by constitutional amendment in 2020. Since the Fight for $15 began in 2012, the base wage it has fought for would now be worth $22.50.
Economic justice isn't just about creating more jobs, it's about creating good jobs.
58 percent of hourly workers — nearly 6 in 10 — earn less than $25 an hour, nearly identical to the people who cannot afford a $1,000 emergency expense.
$25 an hour to live in America is the floor — NO exceptions.
Unions, Labor, and Collective Bargaining
Oliver believes in democracy in the workplace. As a former union organizer and member, he knows firsthand the rights, benefits, and fundamental respect and dignity that collective bargaining affords workers on the job.
Right-to-work laws and other anti-union legislation in Republican states including Florida have undermined unions' ability to collect dues, gain recognition when a majority of workers vote to organize, and given union-busting corporations leeway to get away with stiffing their workers.
Oliver believes that union organizing and collective bargaining are among the strongest levers of power to fight for economic justice with Republicans in the majority and Trump in the White House. In Congress, Oliver will cosponsor the PRO Act and support the rights of workers to unionize and build power.
Income, Wealth, & Wall Street
Oliver will support legislation to close the carried-interest tax loophole, restore the Glass-Steagall Act to separate investment and commercial banking, and regulate cryptocurrency under the SEC.
With restored top marginal tax rates, Oliver will support reinvesting in America with paid medical and family leave, including up to one year for new parents, universal 3-K and pre-k through college, reinstating the Child Tax Credit that cut child poverty by 50% in one year, and adding surtaxes to corporate employers who underpay their full-time employees, currently get away with paying $0 in federal taxes, and expect the taxpayers to subsidize them with corporate welfare.
Expanding Social Security
Social Security is an essential program that is one of the Republican Party's biggest targets to destroy. American workers invest in Social Security over our entire lives for a dignified retirement and support for survivor and disability benefits.
Social Security is a regressively taxed program, meaning the poorest workers are contributing greater proportions of their incomes to the program than the wealthy.
The taxable income cap for Social Security is $176,100 — meaning Jeff Bezos and Elon Musk paid the same amount to Social Security as a married couple filing jointly with individual annual salaries below $90,000 per year, a far lower tax rate and smaller proportion of their income. That is preposterous.
Oliver will support legislation to Scrap the Cap on taxable income for Social Security so the wealthiest pay their fair share. He will advocate to expand benefits to keep up with the cost of living.