"The Vermont senator railed against the greed, arrogance and moral turpitude of the nation's ruling class, calling it fairly disgusting that some ultra-wealthy tech leaders have fled California or are threatening to do so, if the proposed wealth tax becomes law. Never before have so few people had so much wealth and so much power, Sanders thundered on stage at the Wiltern theater, where a raucous crowd of longtime supporters shouted shame."
"Comparing America's highest earners to the oligarchs and monarchs of past centuries, he said the US billionaire elite no longer sees itself as a part of American society. These guys literally believe that they have the divine right to rule and are no longer subject to democratic governance, Sanders told a rapt audience. Sanders framed the wealth tax on billionaires in California, led by the Service Employees International Union-United Healthcare Workers West (SEIU-UHW), as a referendum on American oligarchy itself."
Bernie Sanders delivered a forceful address in Los Angeles urging California voters to approve a proposed one-time 5% wealth tax on residents worth more than $1 billion. He denounced the greed and moral turpitude of the ultra-wealthy, blaming tech leaders who have fled or threatened to flee the state if the tax becomes law. Sanders compared top earners to historical oligarchs and monarchs, asserting they feel a 'divine right to rule' and are beyond democratic governance. The proposal, backed by SEIU-UHW, aims to offset federal health-care cuts and fund public education and food assistance. The proposal has polarized wealthy Californians and split Democrats.
Read at www.theguardian.com
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