A Quote by Bernie Sanders
I do believe that billionaires and multi-millionaires should be paying more in taxes.
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If you raise taxes on millionaires and billionaires, you'll do nothing to address the debt and the deficit. And the thing you might do is you might finally put this economy over another cliff. These millionaires and billionaires are the folks that try to create jobs and help grow the economy.
I've said repeatedly publicly, and other members have, that until you adjust the eligibility for entitlements, do things like raising the age for Medicare for future beneficiaries. Not for those currently receiving or those about to receive. Have serious means testing for high income people. You know Warren Buffett's always complaining about not paying enough taxes. And what I'm complaining about is we're paying for his Medicare. We ought not to be providing these kinds of benefits for millionaires and billionaires.
I've never had it so good in terms of taxes. I am paying the lowest tax rate that I've ever paid in my life. Now, that's crazy. And if you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or whomever around their office. On average. And so I think that actually people in my situation should be paying more tax. I think the rest of the country should be paying less.
The American people are happy to help small businesses grow, but paying fines for multi-millionaires, subsidizing bad behavior, should not be the responsibility of American taxpayers.
Arnold Schwarzenegger cut teacher's salaries and parks and libraries rather than raise taxes for the many California millionaires and billionaires.
I think the latest estimates were that we have about 250,000 millionaires and billionaires. President Obama wants to increase their taxes 13 percent.
I believe that the role of limited government should be looking after the needs of veterans, the elderly, children and those institutions that improve the quality of life for struggling families - I don't believe that government should bend to serve the needs of subsidized multi-national corporations and entitled billionaires.
Regardless of the overall state of the economy, there is now a large enough elite made up of new multi-millionaires and billionaires for Wall Street to see the group as "superconsumers," able to carry consumer demand all on their own.
If I ran for president, the first thing I'd do is legalize everyone who's been here paying taxes, working, paying taxes. Mothers and fathers of kids born in the U.S. should get a green card.
The middle class should not continue to foot the bill for tax breaks for millionaires and billionaires.
So I'm not proposing anything radical. I just believe that anybody making over $250,000 a year should go back to the income tax rates we were paying under Bill Clinton. Back when our economy created nearly 23 million new jobs, the biggest budget surplus in history, and plenty of millionaires to boot. ... At the same time, most people agree that we should not raise taxes on middle-class families or small businesses -- not when so many folks are just trying to get by.
I agreed with everything he was saying when he ran for president. I was listening to what he said. I go, this guy thinks like me and I agree with him. Now he's changing. All he keeps saying is millionaires and billionaires don't pay their fair share of taxes.
I'm making a lot of money. I should be paying a lot more taxes. I'm not paying taxes at a rate that is even close to what people were paying under Eisenhower. Do people think America wasn't ascendant and wasn't an upwardly mobile society under Eisenhower in the '50s? Nobody was looking at the country then and thinking to themselves, "We're taxing ourselves into oblivion." Yet there isn't a politician with balls enough to tell that truth because the whole system has been muddied by the rich. It's been purchased.
People are tired of working longer hours for lower wages, of seeing decent paying jobs go to China and other low-wage countries, of billionaires not paying any federal income taxes and of not being able to afford a college education for their kids - all while the very rich become much richer.
Both Obama and Romney are just rolling in PAC money. Plus, they have the super PAC's behind them. They've got multi-millionaires and billionaires just buying 30-second ads. It gives each of them tremendous exposure.
There should not be one new dime in tax breaks for millionaires and billionaires as long as millions of children in America are poor, hungry, uneducated and without health coverage.
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