Bernie Sanders has bad news for Leftist billionaires.
During the latest episode of CNN’s “Who’s Talking to Chris Wallace,” Sen. Bernie Sanders argued against “oligarchy,” which he said should be subject to a “very progressive tax policy.”Partial transcript as follows:
SANDERS: Chris, what I’m saying is, you are asking me to be critical and attack these people. I’m not doing that.SANDERS: I do. But it’s not a personal attack on the Walton family or Musk or anybody else. It is an attack upon a system. You can have a vibrant economy without three people owning more wealth than the bottom half of American society.
WALLACE: In your book, you ask the question, how much is enough? So, let me get an answer from you. How much is enough? WALLACE: I think I may be wrong, but I think back in the Eisenhower days, the top marginal tax rate was around 90%.WALLACE: So, basically, you’re saying, we should go back at a certain point, you get $1 and 90 cents goes to the government?
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