Senator Cory Booker: The Tax System Is Rigged — Here’s How to Fix It | Prof G Conversations

The gist

1. The Keep Your Pay Act would cut taxes for working families by closing loopholes and raising corporate rates from 20% to around 28-29%.
2. Booker says 93% of agricultural subsidies currently fund disease-causing foods, and shifting them toward healthy options would lower healthcare costs.
3. Up to $750 billion in taxes goes uncollected each year, and hiring more IRS agents to audit wealthy filers has a proven return on investment.
4. Citizens United lets individuals spend $20 million or more in a single primary race, giving wealthy donors outsized control over elected officials.