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Bernie Sanders: “Billionaires paying a lower tax rate than the average…”

Featuring: Bernie Sanders, Independent | U.S. Senate, Vermont

Billionaire Tax Now (A Special Rebroadcast at 8PM ET)

Published February 24, 2026 | Video Starts at 25:23

For Mr. Ellison, one private jet is just not good enough. So he bought five private jets along with several fighter jets he uses for recreational purposes. And … Billionaires paying a lower tax rate than the average American worker. … people thrown off of health care, Medicaid, and the Affordable Care act in order to provide a trillion dollars in tax breaks for these very same billionaires. (25:23–25:33)

CLAIM

Asserts that billionaires pay a lower tax rate than average American workers.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Bernie Sanders

“Today in America, the top 1% owns more wealth than the bottom 93%.”
Billionaire Tax Now (A Special Rebroadcast at 8PM ET) | Uploaded February 24, 2026 | 07:08-07:29
“One man owns more wealth than the bottom 53%.”
Billionaire Tax Now (A Special Rebroadcast at 8PM ET) | Uploaded February 24, 2026 | 07:08-07:14
“CEOs of large profitable corporations now make 350 times more than the average worker.”
Billionaire Tax Now (A Special Rebroadcast at 8PM ET) | Uploaded February 24, 2026 | 07:18-07:29
“There has been a $79 trillion transfer of wealth from the bottom 90% to the top 1% [over the last 50 years].”
Billionaire Tax Now (A Special Rebroadcast at 8PM ET) | Uploaded February 24, 2026 | 08:46-08:57
“The average American worker today is making almost $20 a week less than he or she did over 53 years ago after adjusting for inflation.”
Billionaire Tax Now (A Special Rebroadcast at 8PM ET) | Uploaded February 24, 2026 | 09:18-09:23
“Four Wall Street firms, BlackRock, Vanguard, Fidelity, and State Street, are the major stockholders in 95% of our corporations.”
Billionaire Tax Now (A Special Rebroadcast at 8PM ET) | Uploaded February 24, 2026 | 10:19-10:25
“In the last presidential election, Mr. Musk, the wealthiest man on Earth, spent at least $290 million to elect Donald Trump.”
Billionaire Tax Now (A Special Rebroadcast at 8PM ET) | Uploaded February 24, 2026 | 13:27-13:43
“The hundred richest people in our country, Republicans and Democrats, spent 2.6 billion on the 2024 election.”
Billionaire Tax Now (A Special Rebroadcast at 8PM ET) | Uploaded February 24, 2026 | 13:49-14:02
“Large corporations like Tesla and SpaceX making billions of dollars in profit a year and paying nothing, zero, zilch in federal income tax.”
Billionaire Tax Now (A Special Rebroadcast at 8PM ET) | Uploaded February 24, 2026 | 25:23-25:33
“The 938 billionaires in America became $1.5 trillion richer [after receiving the largest tax break in history].”
Billionaire Tax Now (A Special Rebroadcast at 8PM ET) | Uploaded February 24, 2026 | 07:39-07:51
“Over the past six years, billionaires in America have more than doubled their wealth.”
Billionaire Tax Now (A Special Rebroadcast at 8PM ET) | Uploaded February 24, 2026 | 08:15-08:23
“The billionaire class, to an unprecedented degree, determines what the American people see, hear and read through their ownership of media.”
Billionaire Tax Now (A Special Rebroadcast at 8PM ET) | Uploaded February 24, 2026 | 10:50-11:04
“As a result of the disastrous Citizens United Supreme Court decision, billionaires are able to spend as much money as they want on political…”
Billionaire Tax Now (A Special Rebroadcast at 8PM ET) | Uploaded February 24, 2026 | 13:49-14:02
“AI and robotics can throw millions of workers out on the street.”
Billionaire Tax Now (A Special Rebroadcast at 8PM ET) | Uploaded February 24, 2026 | 14:31-14:40
“Billionaires is extraordinarily dangerous to the future of the working class of this country.”
Billionaire Tax Now (A Special Rebroadcast at 8PM ET) | Uploaded February 24, 2026 | 14:58-15:06
“The billionaire class no longer sees itself as part of American society.”
Billionaire Tax Now (A Special Rebroadcast at 8PM ET) | Uploaded February 24, 2026 | 17:05-17:12
“They're raising a lot of money from their very rich friends, and they're going to be spending a lot of money on TV ads.”
Billionaire Tax Now (A Special Rebroadcast at 8PM ET) | Uploaded February 24, 2026 | 19:25-19:33
“If you think it's more important that children get health care than we get massive tax breaks, we are going to punish you.”
Billionaire Tax Now (A Special Rebroadcast at 8PM ET) | Uploaded February 24, 2026 | 20:11-20:22
“Mamdani wins. We're all fleeing New York. They didn't.”
Billionaire Tax Now (A Special Rebroadcast at 8PM ET) | Uploaded February 24, 2026 | 21:29-21:33
“The Fighting Oligarchy tour, which has brought out over 300,000 people throughout America.”
Billionaire Tax Now (A Special Rebroadcast at 8PM ET) | Uploaded February 24, 2026 | 22:00-22:10
“Sergey Brin, the co-founder of Google, is spending $20 million to defeat this tax on billionaires.”
Billionaire Tax Now (A Special Rebroadcast at 8PM ET) | Uploaded February 24, 2026 | 23:05-23:16
“Sergey Brin... is worth $245 billion. Since Trump was elected, you have become over $100 billion richer.”
Billionaire Tax Now (A Special Rebroadcast at 8PM ET) | Uploaded February 24, 2026 | 23:05-23:35
“Mark Zuckerberg is the wealthiest man in California and the fourth wealthiest person in the world, worth 226 billion.”
Billionaire Tax Now (A Special Rebroadcast at 8PM ET) | Uploaded February 24, 2026 | 23:59-24:07
“Larry Ellison is the second wealthiest person in California. He is worth $213 billion.”
Billionaire Tax Now (A Special Rebroadcast at 8PM ET) | Uploaded February 24, 2026 | 24:50-25:02
“15 million people thrown off of health care, Medicaid, and the Affordable Care act in order to provide a trillion dollars in tax breaks for…”
Billionaire Tax Now (A Special Rebroadcast at 8PM ET) | Uploaded February 24, 2026 | 25:34-25:50