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The "lake house" bullshit has been debunked years ago. That house was paid for via the sale of another house which Jane Sanders inherited from a dead relative. It had nothing to do with any money that Bernie made while he was a candidate, a Senator, or anything else.
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Eat Us And Smile
Cenk For America 2024!!
Justice Democrats
"If the American people had ever known the truth about what we (the BCE) have done to this nation, we would be chased down in the streets and lynched." - Poppy Bush, 1992 -
Wrong again, Slave Kristy......
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sanders.senate.gov
Sanders Introduces Estate Tax Reform to Combat Inequality
Thursday, January 31, 2019
4-5 minutes
WASHINGTON, Jan. 31 – In an effort to combat rising wealth inequality, Sen. Bernie Sanders (I-Vt.) introduced legislation Thursday to establish a progressive estate tax on the fortunes of the top 0.2 percent of Americans and significantly increase rates on billionaires.
Sanders' legislation, the For the 99.8% Act, would raise $2.2 trillion from the nation's 588 billionaires. In contrast, Senate Republican leadership proposed a bill this week that would repeal the estate tax for the richest 1,700 families in America.
"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," Sanders said. "Our bill does what the American people want by substantially increasing the estate tax on the wealthiest families in this country and dramatically reducing wealth inequality. From a moral, economic, and political perspective our nation will not thrive when so few have so much and so many have so little."
Sanders' bill would only apply to the wealthiest 0.2 percent of Americans. It would establish a 45 percent tax on the value of an estate between $3.5 million and $10 million; a 50 percent tax on the value of an estate between $10 million and $50 million; a 55 percent tax on the value of an estate in excess of $50 million; and a 77 percent tax on the value of an estate above $1 billion – a return to the top rate from 1941 through 1976.
The legislation would also close tax loopholes that have allowed billionaire families to pass fortunes from one generation to the next without paying their fair share of taxes.
While the Walton family, the wealthiest family in America, would get up to a $63 billion tax break from the Republican proposal, they would owe an estate tax of up to $130 billion under Sanders' reform.
The Kochs, a family worth over $97 billion, would owe an estate tax of up to $74 billion.
And the family of Jeff Bezos, the founder of Amazon, who has a net worth of more than $130 billion, would pay an estate tax of up to $100 billion.
The For the 99.8% Act was endorsed by a number of leading economists including Thomas Piketty, Emmanuel Saez, Gabriel Zucman, Robert Reich and Darrick Hamilton.
"The estate tax was a key pillar of the progressive tax revolution that the United States ushered one century ago. It prevented self-made wealth from turning into inherited wealth and helped make America more equal. However, the estate tax is dying of neglect, as tax avoidance schemes are multiplying and left unchallenged. As wealth concentration is surging in the United States, it is high time to revive the estate tax, plug the loopholes, and make it more progressive. Sen. Sanders' bill is a bold and welcome leap forward in this direction," said Emmanuel Saez, professor of economics at the University of California, Berkeley.
“One century ago, the US invented steeply progressive estate and income taxes in order to maintain the egalitarian and democratic legacy of the country. Today's US is becoming even more unequal than Pre-World War I Europe. The way out is stronger investment in skills, higher paying jobs and a more progressive tax system. Sen. Sanders' estate tax bill, including a 77 percent tax rate on estate values above $1 billion, is an important step in this direction,” said Thomas Piketty, Paris School of Economics professor.Eat Us And Smile
Cenk For America 2024!!
Justice Democrats
"If the American people had ever known the truth about what we (the BCE) have done to this nation, we would be chased down in the streets and lynched." - Poppy Bush, 1992Comment
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Obviously that's just one example of what he's done recently. I'm sure Bernie will have more details about his future proposals up on his campaign website soon.Eat Us And Smile
Cenk For America 2024!!
Justice Democrats
"If the American people had ever known the truth about what we (the BCE) have done to this nation, we would be chased down in the streets and lynched." - Poppy Bush, 1992Comment
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Sanders is nothing more than another sycophant. Another typical politician. The guy has never had a real job in his life and because of that he's in la la land. He's a cult of personality because he's perceived to be the anti-politician but in reality he's a US Senator and very much a politician and has no real record of accomplishing anything other than he himself living off of the public treasury.No! You can't have the keys to the wine cellar!Comment
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Writing In All Proper Case Takes Extra Time, Is Confusing To Read, And Is Completely Pointless.Comment
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Sure he had a "real job". He used to be a carpenter, just like another well known Jewish "socialist".
Eat Us And Smile
Cenk For America 2024!!
Justice Democrats
"If the American people had ever known the truth about what we (the BCE) have done to this nation, we would be chased down in the streets and lynched." - Poppy Bush, 1992Comment
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Everyone wants a messiah to show up and save their ass. Well the only person who is going to save your ass is the person you look at in the mirror every morning. No such thing as a free lunch people. In fact I will quote Nancy Pelosi who said,"Nobody just gives you power. You have to take it from someone." Even Nancy gets it.No! You can't have the keys to the wine cellar!Comment
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Eat Us And Smile
Cenk For America 2024!!
Justice Democrats
"If the American people had ever known the truth about what we (the BCE) have done to this nation, we would be chased down in the streets and lynched." - Poppy Bush, 1992Comment
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Bernie is a wimp. He never stood up to the establishment when the Democratic Party screwed him. He took it up the ass and enjoyed is. Now the old windbag is back out getting another 15 minutes of adulation to feed his huge ego. Like I said. Freak show.No! You can't have the keys to the wine cellar!Comment
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Oh well. This election is going to be like watching a fight break out in the state mental asylum. Nobody running is sane.No! You can't have the keys to the wine cellar!Comment
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Maybe it was one of them actors Alex Jones is always talking about. Maybe they cloned her DNA. Maybe what people are seeing is really the product of a secret underground government lab. Maybe it's the result of a Bill Clinton, Harvey Weinstein and Anthony Wiener milkshake.No! You can't have the keys to the wine cellar!Comment
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