On Friday morning, Senator Cory Booker of New Jersey announced he's running for President. The former mayor of Newark was elected to the Senate in 2013 in a special election to replace the late Senator Frank Lautenberg.
In his video announcement, Booker said, "I believe that we can build a country where no one is forgotten, no one is left behind; where parents can put food on the table; where there are good paying jobs with good benefits in every neighborhood; where our criminal justice system keeps us safe, instead of shuffling more children into cages and coffins; where we see the faces of our leaders on television and feel pride, not shame."
Booker is the fourth Democrat to officially declare their candidacy. Elizabeth Warren has said she'll make an announcement on February 9th; widely expected to be her official entry into the 2020 race.
(Photo: Wikimedia Commons)
When Elizabeth Warren proposed a Thomas Piketty-style wealth tax (2% annually on family fortunes over $50m, 1% more on fortunes over $1b), she ballparked the returns at $1.9-2.75t over the first ten years.
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