Bernie Sanders calls for income over $1 billion to be taxed at 100%: ’People can make it on $999 million’
Fortune–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 added. “I think that they can survive just fine.”