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How Do We Fix America’s Tax Problem? — with Senator Cory Booker

In this episode Senator Cory Booker discusses the "Keep Your Pay Act," which proposes making the first $75,000 of household income tax‑free while funding the loss by tightening loopholes for the ultra‑wealthy, raising the top marginal rate, and increasing the corporate tax rate to around 28‑29%. Booker emphasizes that the current tax system lets many upper‑middle‑class earners pay little tax, especially in high‑cost states, and argues for a more progressive structure that expands the Child Tax Credit and Earned Income Tax Credit. He stresses the need for a fair tax burden that doesn’t let the richest pay less than essential workers, and suggests that closing avoidance strategies could cover the $5.5 trillion ten‑year cost. The conversation also touches on redefining middle‑class standards and the political strategy of framing redistribution as a tax cut.