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Bernie Sanders: “I introduced legislation to establish a 5% annual wealth tax…”

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

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FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine

Published | Video Starts at 31:59

… or a nurse, we must demand that the 1% and large, profitable corporations start paying their fair share of taxes. And I want to tell you, and that is why I introduced legislation to establish a 5% annual wealth tax on the 938 billionaires in America. who collectively are worth more than $8 trillion. And I want to just to give you an example of how insane the level of inequality is in America, I want to tell you what this legislation would accomplish. (31:59–32:19)

CLAIM

Asserts that Bernie Sanders introduced a bill for a 5% wealth tax on billionaires.

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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About PolitiQuote

PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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