1. United States
2. Calif.
3. Letter

As your constituent, I am urging you to co-sponsor the American Stability Act (ASA). The American Stability Act is a bold, elegant solution to the threat posed by destabilizing levels of inequality. The American Stability Act does the following: -ELIMINATES FEDERAL TAXES for any taxpayer making less than the median cost of living for a single adult with no children (slightly above $40,000 a year); -SHIFTS the responsibility for these revenues onto taxpayers making more than $1 million a year; -REPLACES the ‘minimum’ wage with a new “Stability Wage,” which is set to the median cost of living in the US for a single adult with no children, and then indexes it to make that principle permanent. We need bold, innovative reform. Lawmakers like you must structure a more stable, prosperous economy that will deliver the results we need for a strong nation.