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Bernie Sanders: “If that bill were in effect this year, Elon Musk would pay…”

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

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

Published May 25, 2026 | Video Starts at 35:21

Oh, we're just picking on these poor billionaires. I mean, my God, how cruel can you be? But I want you to hear this. This just shows you how crazy the economy is today. If that bill were in effect this year, Elon Musk would pay 39 billion more in taxes. Here's the punchline. This confiscatory, terrible, drastic, radical piece of legislation would leave Musk with just $737 billion left to survive. Now, I know you're worried about him, but what do you think? (35:21–35:29)

CLAIM

Asserts that a proposed bill would increase Elon Musk's taxes by $39 billion.

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% now owns more wealth than the bottom 93%.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 05:56-06:05
“The richest guy in the world, Mr. Musk, now owns more wealth than the bottom 53% of American households.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 06:12-06:30
“The 938 billionaires in America are collectively worth more than $8 trillion.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 07:29-07:39
“Over the last 50 years, there has been a $79 trillion redistribution of wealth from the bottom 90% to the top 1%.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 07:58-08:14
“Six large media conglomerates control about 90% of what the American people see, hear and read.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 09:42-09:52
“Musk himself spent over $270 million to elect Donald Trump as president.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 12:20-12:29
“The average American worker is making less today than he or she did over 53 years ago after adjusting for inflation.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 15:09-15:21
“Over 60% of Americans are living paycheck to paycheck.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 16:27-16:35
“In the richest country in the world, we rank 35th out of 36 major countries in terms of childhood poverty.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 18:50-19:02
“In America today, over 20% of seniors are trying to survive on $15,000 or less.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 20:52-21:03
“Older Americans living in poverty die nearly nine years earlier than their wealthier peers.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 21:06-21:15
“This [wealth tax] legislation would provide every man, woman and child in a household earning less than $150,000 with a $3,000 direct…”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 00:07-32:58
“The American people are united. We are standing in opposition to oligarchy.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 02:48-02:56
“We will not accept the unprecedented level of kleptocracy and corruption in the White House.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 03:13-03:21
“We sure as hell do not want US support for endless and horrible wars in Gaza, Iran, Lebanon and anyplace else.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 03:41-03:52
“It is absurd to spend billions of dollars killing people, innocent people, abroad.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 04:17-04:24
“America... has a lower life expectancy than other wealthy countries, we're about three years, four years lower for working class people.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 04:25-17:25
“Never before in American history, never have so few people held so much wealth and even more importantly, so much power.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 05:14-05:25
“Mr. Musk, Mr. Bezos, Mr. Zuckerberg, Mr. Ellison and others, they are investing many hundreds of billions of dollars into the development…”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 06:14-22:54
“CEOs making 350 times what the average employee earns.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 07:04-07:13
“Last year alone, after receiving the largest tax break in history from Mr. Trump, 938 billionaires became $1.5 trillion richer.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 07:24-07:39
“As a result of the disastrous Citizens United Supreme Court decision, billionaires are now legally able to spend as much as they want…”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 11:18-11:22
“In this midterm election, super PACs from the crypto industry, from AI, from APAC and from other special interests pouring hundreds and…”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 12:34-12:49
“The very wealthiest people in this country are becoming much, much wealthier.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 14:32-14:39
“Child care system is broken. It's dysfunctional. It is unaffordable.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 19:33-19:39
“Our K through 12 schools are struggling and higher education is unaffordable.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 19:46-19:53
“In America Today, roughly one in three older Americans are economically insecure with incomes below 200% of the federal poverty level.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 20:38-20:52
“We have the highest rate of childhood poverty.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 21:41-21:44
“60% of our people [in the U.S.] living paycheck to paycheck.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 21:43-21:43
“Artificial intelligence and robotics are going to be the most transformative economic revolution in the history of this country.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 21:58-22:10
“Jeff Bezos is now securing $100 billion, a fund of 100 billion to automate factories.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 23:06-23:16
“Robots will be replacing human beings in the manufacturing sector.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 23:22-23:28
“We're looking at a growth in driverless vehicles, which means that truck drivers and cab drivers, Uber drivers, Lyft drivers, et cetera…”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 23:31-23:47
“Right now, we have over 100 members of the Progressive Caucus in the United States House of Representatives.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 27:43-27:50
“Zoran Mamdani developed a grassroots movement of 100,000 volunteers in New York City.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 29:04-29:25
“The wealth tax [in California] has significant support.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 31:06-31:10
“I introduced legislation to establish a 5% annual wealth tax on the 938 billionaires in America.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 31:59-32:19
“Billionaires are paying an effective tax rate lower than a truck driver or a nurse.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 32:37-32:46
“This legislation would tackle the housing crisis by building 7 million units of low income and affordable housing.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 33:10-33:26
“This tax on billionaires would expand Medicare to cover dental, vision and hearing.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 33:34-33:42
“It would guarantee universal, affordable child care.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 33:49-33:55
“No teacher in America earns less than $60,000 a year.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 34:05-34:10
“It would restore health care to the 15 million Americans who are losing it because of Trump's big, beautiful bill.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 34:34-34:38
“Jeff Bezos would owe about 14 billion more in taxes.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 35:58-36:07
“A 5% tax on wealth on less than 1,000 Americans, the richest people in this country, could transform our country and improve life for…”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 36:12-36:28
“Virtually every major country on earth provides health care to every man, woman and child as a human right.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 37:21-37:30
“They provide health care to all of their people at 50% of the cost per capita.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 37:57-38:06
“The function of the American health care system is to make billions for the insurance companies and the drug companies.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 38:16-38:24
“In America, no worker should be working 40 hours a week and living in poverty.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 39:39-39:45
“We can and should raise the minimum wage to a living wage.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 39:44-39:50
“We can cut military spending, invest in housing and the needs of the American.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 40:24-40:29
“What is radical is when billionaires control our political system.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 41:51-41:57
“It is not radical to say that we should not have the highest rate of childhood poverty of almost any nation.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 41:57-42:06
“We're going to create an economy and a government that works for all, not just the 1%.”
FULL SPEECH: Bernie Sanders rallies with Graham Platner and Troy Jackson in Orono, Maine | Uploaded May 25, 2026 | 43:25-43:29