
1955: Senator Cory Booker on Taxes, Childcare and Big Ideas to Fix Our Economy
So Money with Farnoosh Torabi · Farnoosh Torabi
March 11, 202647m 26s
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Show Notes
<p>U.S. Senator Cory Booker of New Jersey joins us for a wide-ranging conversation recorded in one sitting for both podcasts - The Montclair Pod and So Money.</p><p>Senator Booker first rose to national prominence as the mayor of Newark, where he built a reputation for hands-on leadership and bold policy ideas. He has now served more than a decade in the U.S. Senate, becoming one of the most prominent voices in the Democratic Party.</p><br><p>He’s also entering a new chapter personally: Booker recently married and is expecting his first child—something that clearly shapes how he thinks about issues like childcare, family economics, and investing in America’s future.</p><br><p>Our conversation comes as Senator Booker unveils a new proposal called the <a href="https://www.booker.senate.gov/tax-calculator" rel="noopener noreferrer" target="_blank">Keep Your Pay Act</a>—a plan that would eliminate federal income taxes on the first $75,000 of income, a move he says could dramatically increase take-home pay for many middle-class families.</p><br><p>In this conversation, we discuss:</p><br><p>• The Keep Your Pay Act and how it could affect American households</p><p>• Why Senator Booker believes the tax system is “rigged” against working families</p><p>• The rising cost of childcare and early education in America</p><p>• Immigration reform and the climate of fear many immigrant families feel today</p><p>• The growing power of big media companies and why independent creators matter</p><p>• The economic implications of the war in Iran, including rising energy costs</p><p>• Whether Booker sees a presidential run in his future</p><br><p><a href="https://www.booker.senate.gov/tax-calculator" rel="noopener noreferrer" target="_blank">Calculate</a> how much Booker's proposed tax act could save your household.</p>
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