Congressman Ro Khanna Wants to Slash Income Inequality

Democratic Congressman Ro Khanna, who represents Silicon Valley, is working on a bill aimed at boosting the middle class by tackling wage stagnation. The bill would massively expand the 'Earned Income Tax Credit' program, with refunds of up to $12,000 in some cases. Since 1975, both parties have broadly supporting this work-conditional program that refunds a portion of the beneficiary's federal tax payments. Though in recent years, as wages have stagnated and inflation has raised prices, critics have argued that the value of the refund has diminished beyond its original intent.

Representative Khanna joins the program to discuss this proposal and argues for another initiative of his, increasing consumer privacy online.