In addition, the Robin Hood tax would come with a zero.5% speculation charge to be charged on funding houses, hedge funds, and different inventory trades, whereas a 0.1% payment can be charged on bonds, and a 0.005% charge on derivatives. In June 2019, Sanders introduced a plan to forgive all excellent pupil mortgage debt which would be paid for with a tax on Wall Street Speculation. The position of Sanders on college alternative was unknown earlier than 2019. The proposal additionally included tripling funding for Title I colleges, improving funding for publicly run magnet faculties and free school-offered meal programs, “rethinking” the ways states and localities fund education in gentle of the property tax system favoring the rich, and elevating the nationwide minimum wage for academics to $60,000 per year. In August 2019, Sanders announced that he supported a ban on law enforcement businesses’ use of facial recognition expertise.
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