Around New England

Bernie Sanders Says Government Should Tax Income Exceeding $1 Billion At 100 Percent Rate

May 4, 2023

The government should take through taxation all individual income exceeding $1 billion a year, U.S. Senator Bernie Sanders said.
 
“You may disagree with me but, fine, I think people can make it on $999 million,” Sanders told Chris Wallace on Friday, April 28 on HBO Max, according to The Guardian. “I think that they can survive just fine.”
 
Sanders (I-Vermont), a self-identified democratic socialist, unsuccessfully ran for president in the 2016 and 2020 Democratic primaries. He recently announced he won’t run for president in 2024 and has instead endorsed President Joe Biden.

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