Bernie Sanders, the senior United States senator from Vermont, accused billionaires like Elon Musk, Mark Zuckerberg, and Sergey Brin of spending millions to kill a ballot measure instead of “paying their fair share.” This comes amidst California’s brewing fight over a proposed wealth tax. The senator posted a detailed tweet singling out the billionaires and their assets.
Bernie Sanders slams billionaires over taxes
Bernie Sanders, the senior United States senator from Vermont, slammed billionaires over taxes in a new detailed X post, where he posted photos pointing out the net worth and assets of some of the richest men in the country.
Sanders accused the billionaires of spending millions to kill a ballot measure instead of “paying their fair share” in his new post.
The Senator wrote on X, “The billionaire class is on the warpath against working families. They want more and more, and they will not be satisfied until they have it all.” He continued in the post, “Instead of spending tens of millions on ads against a wealth tax, we have a better idea: Start paying your fair share of taxes.”
Because of his claim, Sanders received a wave of backlash on X, where many users came forward to defend the billionaire CEOs. “The top 1% of taxpayers pay over 40% of all federal income taxes.
Bernie is just a fraudster. – and a multi-millionaire,” one user wrote. Another user wrote, “All these billionaires own less than half of their companies. That means they have created at least as much wealth for other people as they have made for themselves. The investors in these companies are institutions and pension funds that hold the retirement and savings of hard-working Americans. Your understanding of economics is unsophisticated.”
Sanders called out Larry Page, Sergey Brin, Mark Zuckerberg, Elon Musk, Larry Ellison, Eric Schmidt, Peter Thiel, and Bill Ackman in his post.
This remains a complex topic, and one that continues to be a subject of massive debate.
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