Delaware Democrats believe Delaware and America are strongest when the working class is thriving. Increasingly, economic gains are accruing disproportionately to the rich, which we believe is both corrosive to our democracy and detrimental to our economy. All means to ensure the economy works for everyone should be utilized, ranging from wage insurance to easily accessible job training programs.
Wall Street Reform: Financial reform is necessary to rein in Wall Street excesses. We applaud the progress made by President Obama in this area and believe we need to build on those efforts, not reverse them. Wall Street should never again be allowed to wreck Main Street.
Strengthening of Dodd-Frank: We believe in a balance of a vigorous effort to reduce corporate concentration and helping small businesses expand. Steadily increasing corporate concentration distorts the market and results in higher costs and less choice for consumers. Democrats believe in a competitive marketplace, not one wherein consumers suffer due to unfair pricing exercised by monopolies and near monopolies.
Tax Code Reform: The wealthy should pay their fair share of taxes to promote economic equality. The Delaware Democratic Party believes in a tax code that rewards work, promotes prosperity, and removes tax breaks for the wealthy and corporations which intensify inequality in our society. We believe in tax relief for working families and changes to the tax code to help families get ahead, such as a refundable tax credit.