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Watch: Reporter Asks This 2016 Dem Candidate If 90% Tax Too High. Here’s His Response
In a recent interview, Sen. Bernie Sanders, I-Vt., a longshot candidate for the Democratic presidential nomination, contended a 90 percent tax rate was not too high.
“People on Wall Street, people in business, some have even likened the progressive/Democratic crusade to Hitler’s Germany hunting down the Jews. What do you think when you hear stuff like that?” CNBC’s John Harwood asked Sanders.
“It’s sick,” Sanders replied.
And I think these people are so greedy, they’re so out of touch with reality, they think they own the world. And the idea that anybody like me or anybody else are challenging them and say, ‘Maybe, just maybe, there’s something wrong when 99 percent of all new income goes to the top one percent. Oh this is Hitlerism, you suggest that?’
“What a disgusting remark,” Sanders continued. “If you have seen a massive transfer of wealth from the middle class to the top one tenth of the one percent you say, ‘You know what, we gotta transfer that back.’ When radical socialist Dwight D. Eisenhower was president, I think the highest marginal tax rate was something like 90 percent.”
“It was 90,” Harwood confirmed, though it was as high as 92 percent during the Eisenhower administration until his successor, John F. Kennedy, slashed the highest rate to 70 percent.
“When you think about 90 percent, you don’t think that’s obviously too high?” Harwood asked.
“No,” Sanders bluntly answered.
What I think is obscene and what frightens me is, again, when you have the top one-tenth of one percent owning almost as much wealth as the bottom 90. Does anybody think this is the kind of economy we should have? Do we think it’s moral?
You’ve got people not working one job, they’re working two jobs, three jobs. People are scared to death about what happens tomorrow. Half the people in America have less than $10,000 in savings.
h/t: The Blaze
What should the tax rate in America be? Share your thoughts in the comments section below.
This post originally appeared on Western Journalism – Equipping You With The Truth
Source: http://www.westernjournalism.com/watch-reporter-asks-this-2016-dem-candidate-if-90-tax-too-high-heres-his-response/
