Senator Elizabeth Warren plans if elected as President

Senator Elizabeth Warren is blitzing the 2020 Democratic primary field with a series of ambitious policy proposals covering everything from student loans to the use of federal lands. Her proposals have become a signature part of her campaign, solidifying her reputation as a policy wonk and spurring a new campaign slogan: “I have a plan for that.” Here’s a look at what Warren has said she would do if elected president.

Tax plans

Warren’s wealth tax would target the richest families in America: The annual tax would target 2 percent of all assets of more than $50 million, and 3 percent of assets of more than $1 billion. This would raise an estimated $2.75 trillion over 10 years from what Warren refers to as the “tippy top” — 0.1 percent of American families, according to an analysis by economists Emmanuel Saez and Gabriel Zucman at the University of California at Berkeley.

 A separate corporate tax would affect Amazon and the nation’s other most profitable companies. The plan would place a 7 percent levy on profits beyond $100 million, resolving what she called a disparity between the profits that corporations report to their shareholders and what those same corporations tell the IRS. The tax would affect about 1,200 corporations and raise approximately $1 trillion over 10 years, Warren said.

Higher education

Warren wants to wipe out massive amounts of student debt: Her plan would cancel up to $50,000 in student loan debt for every person with a household income under $100,000. For those with higher incomes, she proposes canceling less in a series of steps. For example, a person with an income of $130,000 would get $40,000 in debt canceled. The plan offers no relief to households that earn more than $250,000. She also wants to implement free undergraduate tuition and fees at all public two- and four-year colleges

Child care

Warren’s universal child-care plan would aim to ease the burden faced by working families trying to find quality day care for their preschool-age children. It would create a network of child-care providers and scale up the federal Head Start program, which offers early learning services to low-income families. Families earning less than 200 percent of the poverty line would have access to free child care, while those earning more would pay on a sliding scale topping out at 7 percent of a family’s income. Warren said her “ultra-millionaire” tax would pay for the plan.

Housing

In March, Warren reintroduced ambitious legislation to create millions of new affordable housing units and help tackle ongoing housing segregation and the yawning wealth gap between white and black Americans. The bill would boost federal funding to build more than 3 million affordable housing units for low- and middle-income families and create a $10 billion grant program that would give money to communities who overhaul zoning rules that currently prevent affordable housing construction. An outside analysis found the plan would not add to the federal deficit because of changes to the estate tax.

Public lands

Warren called for a ban on new fossil fuel leases on federally controlled land, proposed reversing the Trump administration’s cuts to national monuments, and said entry to all national parks should be free.