Political and Philosophical Stances
In an interview with The New York Times, he explained that "I don't believe in redistribution of wealth for the sake of redistributing wealth. But I am concerned about how we can afford to pay for what we as a nation need to do."
In response to a question as to what to recommend to the incoming president regarding a fair and sustainable income and wealth distribution, Reich said, "Expand the Earned Income Tax Credit — a wage supplement for lower-income people, and finance it with a higher marginal income tax on the top five percent. For the longer term, invest in education for lower income communities, starting with early-childhood education and extending all the way up to better access to post-secondary education."
Reich is pro-union, saying "Unionization is not just good for workers in unions, unionization is very, very important for the economy overall, and would create broad benefits for the United States."
Read more about this topic: Robert Reich
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