Bernie Sanders on “Shared Sacrifice”

In the CSPAN interview below, Bernie Sanders points out that Warren Buffet’s effective tax rate — about 16% — is lower than that of most working people such as teachers, nurses, doctors, cops, secretaries and firemen.

He mentions that Exxon Mobile, the most profitable corporation in America, a few years ago made $19 billion in profits but not only paid no taxes, it got a $156 million refund from the IRS. He says we have “profitable corporation after profitable corporation paying no taxes.”

“If we’re serious about bringing an element of fairness into our society, in seeing the middle class get a fair shake, then we need to ask the wealthiest people in this country — and the large corporations — to start paying their fair share of taxes.”

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