“Ending the estate tax would give a tax break of up to $63 billion to the Walton family and $39 billion to the Kochs—but $0 to 99.8% of Americans. At a time of record inequality, the very last thing we should do is line the pockets of the rich.”

— Bernie Sanders

Twitter post https://twitter.com/SenSanders/status/1090306548243550208 (29 January 2019)
2010s, 2019, January 2019

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "Ending the estate tax would give a tax break of up to $63 billion to the Walton family and $39 billion to the Kochs—but…" by Bernie Sanders?

Bernie Sanders 123

American politician, senator for Vermont 1941

Related quotes

“At a time of massive wealth and income inequality, when the three richest Americans own more wealth than 160 million Americans, it is literally beyond belief that the Republican leadership wants to provide hundreds of billions of dollars in tax breaks to the top 0.2 percent…”

Bernie Sanders (1941) American politician, senator for Vermont

Bernie Sanders Has a Plan to Tax the Rich That’s About As Radical as What Teddy Roosevelt Proposed, by John Nichols, The Nation https://www.thenation.com/article/bernie-sanders-progressive-estate-tax-teddy-roosevelt/ (12 February 2019)
2010s, 2019, February 2019

“EU countries lose approximately €1,000 billion with tax avoidance. If Finland would receive of this €1,000 billion 1 % in relation to its population in the EU, it would be €10 billion. The famous deficit would be fixed up. If tax avaidance is not restricted we continue to have deficits and budget cuts.”

Satu Hassi (1951) Finnish politician and MEP

Variant: EU countries lose approximately €1,000 billion with tax avoidance. If Finland would receive of this €1,000 billion 1 % in relation to its population in the EU, it would be €10 billion. The famous deficit would be fixed up. If tax avaidance is not restricted we continue to have deficits and budget cuts.
Source: Satu Hassi: Veronkierto vai hyvinvointivaltio, Voima 10/213 In Finnish: EU-maiden arvioidaan menettävän veronkierron vuoksi 1000 miljardia euroa. - Jos Suomi saisi tuosta 1000 mrd eurosta prosentin, eli väestöosuutemme EU:ssa, se olisi 10 mrd. euroa. Kuuluisa kestävyysvaje olisi hoidettu. Ellei veronkiertoa suitsija, vajeista ja budjettileikkauksista päästä eroon.

“As one of our colleagues recently put it, this Republican pledge of no new taxes is pure Bushlips. It's Bushlips when the president says 'No new taxes' and sends a budget requiring the Finance Committee to raise $20 billion in new revenues: $15 billion in taxes and $5 billion in user fees.”

Lloyd Bentsen (1921–2006) American politician

quoted in [24 March 1990, Paul, Taylor, Democratic Leaders Talk Tough on Taxes;President's Promise Not to Impose New Levies Is 'Pure Bushlips,' Sen. Bentsen Declares, The Washington Post, 0190-8286, A6, http://pqasb.pqarchiver.com/washingtonpost/access/72577580.html?FMT=ABS&FMTS=ABS:FT&date=Mar+24%2C+1990&author=Paul+Taylor&pub=The+Washington+Post+(pre-1997+Fulltext)&edition=&startpage=a.06&desc=Democratic+Leaders+Talk+Tough+on+Taxes%3BPresident%27s+Promise+Not+to+Impose+New+Levies+Is+%60Pure+Bushlips%2C%27+Sen.+Bentsen+Declares]
alluding to George H. W. Bush's pledge “Read my lips: no new taxes” while accepting the presidential nomination at the 1988 Republican National Convention

“Billionaires and huge corporations should not be allowed to use loopholes and tax havens to avoid paying their fair share. At a time of massive global inequality the very wealthy should be paying more in taxes, not less.”

Bernie Sanders (1941) American politician, senator for Vermont

Twitter post https://twitter.com/SenSanders/status/1090701532797038592 (31 January 2019)
2010s, 2019, January 2019

“[E]very soak-the-rich tax must become in time a soak-the-poor tax.”

Frank Chodorov (1887–1966) American libertarian thinker

Source: Fugitive Essays: Selected Writings of Frank Chodorov (1980), p. 272

“(Sylvia) Rita! Get my smelling salts! (Rita) Ma, you used them up when you discovered that repeal of the estate tax benefits only the very, very rich.”

Nicole Hollander (1939) Cartoonist

Source: Sylvia cartoon strip, p. 87

“I’ve watched how, in a blink of an eye, technology went from products used by the very few, to ending up in the pockets of billions, bringing social change and corporate disruption.”

Steve Blank (1953) American businessman

Dalhousie University Commencement Speech (2017)

“High taxes, over-regulation, and an anti-business attitude are clearly the cause of our economic problems. Our economy is floundering, and too many Marylanders have been struggling, just to get by. 40 consecutive tax hikes have taken an additional $10 billion out of the pockets of struggling Maryland families and small businesses. We've lost more than 8,000 businesses, and Maryland's unemployment nearly doubled.”

Larry Hogan (1956) American politician

" State of the State Address: A New Direction for Maryland http://governor.maryland.gov/2015/02/04/state-of-the-state-address/" (4 February 2015)

“Björn Wahlroos declared as freedom the most rich persons tax declines and cuts in everything beneficial for the poor. Nokia applies the freedom of Wahlroos. Year 2010 Nokia paied taxes in Finland €1.5 million while three years earlier it paid almost a thousand fold €1.3 billion.”

Satu Hassi (1951) Finnish politician and MEP

Economy
Source: Nallen ja Nokian vapaus Voima 4/2012 page 11 Björn Wahlroos julisti vapaudeksi kaikkein upporikkaimpien veronkevennykset ja leikkaukset kaikkeen siihen, mistä köyhät hyötyvät. Nokia soveltaa Wahlroos vapautta. Vuonna 2010 Nokia maksoi Suomeen veroja 1,5 miljoonaa, kolme vuotta aikaisemmin melkein tuhatkertaisesti 1,3 miljardia. Sillä on väliä, onko yritysverotuksella EU-maissa yhtenäiset säännöt vai ei. Ylikansalliset firmat voivat kikkailla hyödyntämällä eri maiden verotuksen eroja. Kikkailun laillisuutta on vaikea tarkistaa, koska veroviranomaiset eivät julkista tietoja siitä, minne firma veronsa maksaa.

“What is it—medieval serfs paid about twenty-five percent of their crops to the estate lord, to the manor lord, and Americans are paying fifty percent in taxes by the time you figure out income tax and then all the various state and local taxes, and, to think we're not, y'know, overtaxed is insane.”

Glenn Jacobs (1967) American professional wrestler and actor

18:57–19:19.
"WWE Wrestler Kane Talks Libertarianism, and His Heroes" http://www.youtube.com/watch?v=cpqUIwu8nuc (2013)

“Ending the estate tax would give a tax break of up to $63 billion to the Walton family and $39 billion to the Kochs—but $0 to 99.8% of Americans. At a time of record inequality, the very last thing we should do is line the pockets of the rich.”

Help us to complete the source, original and additional information

Bernie Sanders 123

Related quotes

Related topics