Bernie Sanders proposes using wealth tax for universal child care, pre-K programs

Political News

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.

For more stories like this that matter to you, click here to download the CBS 17 News app for free.

Watch live newscasts, get breaking news and sign up for push alerts – download now

Copyright 2020 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Sponsored Content
Visit Buy Local

Trending Stories