By — Associated Press Associated Press Leave a comment 0comments Share Copy URL https://www.pbs.org/newshour/politics/sanders-would-use-wealth-tax-to-fund-universal-child-care-pre-k Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Sanders would use wealth tax to fund universal child care, pre-K Politics Feb 24, 2020 10:09 AM EDT WASHINGTON (AP) — Bernie Sanders has joined fellow progressive Elizabeth Warren in proposing that a “wealth tax” can finance government-funded child care from infancy through age 3 for every American family, then provide universal pre-kindergarten programs after that. Fresh off his win in Nevada, the Vermont senator called the nation’s child care and early education “an international embarrassment” while unveiling a plan Monday that he said would fix it. His proposal would provide a minimum of 10 hours of daily child care, even for parents who work non-traditional schedules. Sanders previously proposed an annual wealth tax starting at 1% on households worth $32 million or more and increasing to 8% on fortunes of at least $10 billion. That’s more ambitious than Warren’s signature wealth tax, which kicks in on fortunes worth $50-plus million and would also fund universal child care. Warren, a Massachusetts senator, and other presidential hopefuls have similarly proposed universal child care and pre-kindergarten. Sanders says the federal government will impose quality standards for his pre-kindergarten program, including minimum child-to-adult ratios and minimum wages for workers. By — Associated Press Associated Press
WASHINGTON (AP) — Bernie Sanders has joined fellow progressive Elizabeth Warren in proposing that a “wealth tax” can finance government-funded child care from infancy through age 3 for every American family, then provide universal pre-kindergarten programs after that. Fresh off his win in Nevada, the Vermont senator called the nation’s child care and early education “an international embarrassment” while unveiling a plan Monday that he said would fix it. His proposal would provide a minimum of 10 hours of daily child care, even for parents who work non-traditional schedules. Sanders previously proposed an annual wealth tax starting at 1% on households worth $32 million or more and increasing to 8% on fortunes of at least $10 billion. That’s more ambitious than Warren’s signature wealth tax, which kicks in on fortunes worth $50-plus million and would also fund universal child care. Warren, a Massachusetts senator, and other presidential hopefuls have similarly proposed universal child care and pre-kindergarten. Sanders says the federal government will impose quality standards for his pre-kindergarten program, including minimum child-to-adult ratios and minimum wages for workers.