Bernie Sanders Explodes When Asked About His Taxes
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[Bernie Sanders Explodes When Asked About His Taxes]
[William Bret Baier:] Source: LYBIO.net
… your taxes do show that you’re a millionaire. You did make a million in 2016-2017. You’re right on the $561,000 in 2018, but your marginal – tax rate was 26% because of President Trump’s tax cuts. So why not say, you know, I’m leading this revolution, I’m not going to take those?
[Bernie Sanders:]
Come on – I am – I paid the taxes that I owe. And by the way, why don’t you get Donald Trump up here and ask him how much he pays in taxes?
[William Bret Baier:]
I will.
[Bernie Sanders:] Source: LYBIO.net
You will? Good. I am eagerly awaiting you doing that.
[William Bret Baier:]
Well we’d love to have.
[Martha:]
We’d love to ask that question and answer anyway.
[Bernie Sanders:] Get him over here. And the President – I guess the President watches your network a little bit, right. Hey President Trump, my wife and I just released 10 years. Please do the same. Let the American people know how much you owe.
[William Bret Baier:]
Alright. But just – just to wrap that up, you do spend a lot of time vilifying millionaires…
[Bernie Sanders:]
I don’t vilify. The fact that, I think, people who are doing phenomenally well, right now, as you know, for 40 years we have seen a shrinking middle class. You’ve got 40 million people living in poverty. And today just so happens that the very wealthy are doing incredibly wealthy. It’s not vilifying to save that people have a whole lot of money, in some cases billions of dollars of wealth, they should pay their fair share of taxes.
[William Bret Baier:]
Right, well.
[Bernie Sanders:]
Let’s not vilify that.
[William Bret Baier:] Source: LYBIO.net
Well, last question on this. A lot of millionaires and billionaires give a ton to charity you gave 3.4%.
[Bernie Sanders:]
Yeah, my wife and I do give money to charity. All right, and we’re proud to do what we did there. All those you’re quite right. There are people Gates Foundation, do a phenomenal job. We do what we do.
[Martha:] Alright, I got a couple questions for you. So you – you recommended a wealth tax, 70% wealth tax?
[Bernie Sanders:] No, actually, I didn’t. That was someone else.
[Martha:]
77%?
[Bernie Sanders:]
No, I think another person.
[Martha:]
Well, what’s your number?
[Bernie Sanders:] Source: LYBIO.net
What’s my number? Well, I’ll tell you what I think. I think that in order to make sure that elderly people do not continue to live in poverty, and you got 20% of elderly people trying to get by on $13,000 or $14,000 a year, I think we should raise that cap for people making $250,000 or more, so we can make sure that our parents can live out their lives in dignity.
I’ll tell you what else, I think.
I think at a time when Wall Street is doing phenomenally well. And we have millions of young people who are deeply in debt for the crime of having gone to college. I believe we should pass a speculation tax on Wall Street.
[Martha:]
That’s fine, but I’m asking you about the wealthy and how much higher you would make it. You said you don’t agree with 70%, what would your number be?
[Bernie Sanders:] Source: LYBIO.net
In the campaign in 2016, we talked about 52%.
Alright, so 52%.
[Bernie Sanders:]
Yes.
[Martha:] So, would you be willing to pay 52% on the money that you made? You can volunteer, you can send it back.
[Bernie Sanders:] Well, you can volunteer too, we have a…
[Martha:] But you suggested – but you suggested – everybody in your bracket should do.
[Bernie Sanders:] Martha, why don’t you give? You make more money than I do. Why don’t you?
[Martha:] Oh I didn’t suggest a wealth tax.
[William Bret Baier:] And she’s not running for President.
[Martha:] And I am not running for President.
[Bernie Sanders:] Alright, then we’re going to fight for a wealth tax. And we’re going to demand that we end the absurdity where major corporation after major corporation – you know what it is in this tax bill that you are defending, families like the Koch brothers…
[Martha:] But I’m talking about individual taxes right now. I didn’t say anything about – we’re asking you questions about what you propose. You’re not getting to my question.
[Bernie Sanders:] Families like the Koch brothers, get billions and billions of dollars in savings, that is absurd. Trump wants to repeal the entire estate tax. Huge tax breaks for billionaires. You got another question?
[William Bret Baier:] We have many questions.
[Martha:] We have many questions.
[William Bret Baier:] And listen, we want to get substance, we want to get details. And the audience has a ton of questions.
[Bernie Sanders:]
Let’s do it.
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Bernie Sanders Explodes When Asked About His Taxes. Come on – I am – I paid the taxes that I owe. And by the way, why don’t you get Donald Trump up here and ask him how much he pays in taxes? Complete Full Transcript, Dialogue, Remarks, Saying, Quotes, Words And Text.