Bernie Sanders calls for income over $1 billion to be taxed at 100%: ’People can make it on $999 million’

Posted on AllSides May 2nd, 2023
From The Center
Stephen Maturen—Getty Images

Longtime wealth tax advocate Sen. Bernie Sanders has argued that all earnings above $1 billion in the U.S. should be confiscated by the government.

In an interview with HBO Max’s Who’s Talking to Chris Wallace, the Vermont senator was questioned about his long-standing view that billionaires should not exist.

“Are you basically saying that once you get to $999 million, the government should confiscate all the rest?” he was asked—to which Sanders responded: “Yeah.”

“You may disagree with me, but I think people can make it on $999 million,” Sanders...

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https://fortune.com/2023/05/02/bernie-sanders-billionaire-wealth-tax-100-percent/

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