Bernie Sanders calls out Bezos, Musk, Bloomberg and Buffett in billionaire tax push: 'The richest people in America have never ever had it so good' | Fortune
Briefly

Bernie Sanders calls out Bezos, Musk, Bloomberg and Buffett in billionaire tax push: 'The richest people in America have never ever had it so good' | Fortune
Sen. Bernie Sanders emphasizes the growing wealth gap in America, stating that 938 billionaires hinder financial relief for working Americans. He highlights that 60% of Americans live paycheck to paycheck and 85 million lack adequate insurance. Sanders criticizes the tax code as benefiting the wealthy and cites a Rand Corporation estimate of $80 trillion redistributed from the bottom 90% to the top 1% over 50 years. He advocates for a 5% tax on billionaires to fund various social programs and provide $3,000 checks to low-income earners.
""The richest people in America have never ever had it so good," he wrote, while mentioning that 60% of Americans live paycheck to paycheck and 85 million are uninsured or underinsured."
""We have a tax code that is totally rigged-written by representatives of the wealthy to benefit the wealthy," he wrote in the op-ed, while also referencing estimates from the Rand Corporation that found nearly $80 trillion in wealth has been redistributed from the bottom 90% to the top 1% over the past 50 years."
""The American working class has been under savage attack for years," he wrote in the op-ed. That's due to the disparity between what the rich and those in the working class pay."
Read at Fortune
Unable to calculate read time
[
|
]