Bernie Sanders: 'Damn right I will' raise taxes on the rich
by Naomi Lim
| February 25, 2019 08:28 PM
Sen. Bernie Sanders said Monday he would significantly raise taxes on wealthy people and companies to pay for his ambitious policy agenda, which includes giving everyone access to Medicare and creating tuition-free universities all across the country.
"Healthcare, yeah, is a right, making sure that our kids can get a higher education is a right, that we rebuild our crumbling infrastructure is a basic need," Sanders said on CNN. "That's going to cost money."
"But at a time when the people on top have so much while the middle class shrinks and we have so many people living in poverty, if your question is am I going to demand that the wealthy and large corporations start paying their fair share of taxes, damn right I will," he said.
Sanders, an independent senator who is vying for the Democratic Party's presidential nomination in 2020 just like he did in 2016, used Amazon as an example. The e-commerce giant reportedly will not pay any federal income on the $11.2 billion in profits it made last year.
"People say, where are you going to get the money? Where are you going to get the money?" the 77-year-old said. "That's where we're going to begin getting the money."
Sanders, a self-described democratic socialist, was specifically asked how he would fund his plan to make public colleges and universities tuition free.
"We're going to pay for that by a tax on Wall Street speculation," he said.
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