General Discussion
In reply to the discussion: Bernie Sanders Would Tax The Income Of The Wealthiest Americans At 90 Percent [View all]oberliner
(58,724 posts)Here is the full context:
HARWOOD: Have you seen some of the quotations from people on Wall Street, people in business? Some have even likened the progressive Democratic crusade to Hitler's Germany hunting down the Jews.
SANDERS: It's sick. And I think these people are so greedy, they're so out of touch with reality, that they can come up and say that. They think they own the world.
What a disgusting remark. I'm sorry to have to tell them, they live in the United States, they benefit from the United States, we have kids who are hungry in this country. We have people who are working two, three, four jobs, who can't send their kids to college. You know what? Sorry, you're all going to have to pay your fair share of taxes. If my memory is correct, when radical socialist Dwight D. Eisenhower was president, the highest marginal tax rate was something like 90 percent.
HARWOOD: When you think about 90 percent, you don't think that's obviously too high?
SANDERS: No. That's not 90 percent of your income, you know? That's the marginal. I'm sure you have some really right-wing nut types, but I'm not sure that every very wealthy person feels that it's the worst thing in the world for them to pay more in taxes, to be honest with you. I think you've got a lot of millionaires saying, "You know what? I've made a whole lot of money. I don't want to see kids go hungry in America. Yeah, I'll pay my fair share."
http://www.cnbc.com/id/102694365
I would also mention that the Think Progress article is very supportive of the idea.