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Bernie Sanders: “The wealthiest people in the world are stashing up to 32…”

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

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"Oligarchy is not just a Russian phenomenon. It exists right here in the USA" Bernie Sanders

Published | Video Starts at 02:21

In fact, as of Today, the top 1% own small wealth than 95% of the people on this earth. Outrageously, The wealthiest people in the world are stashing up to 32 trillion in offshore tax havens. like the Cayman Islands in order to avoid paying their fair share of taxes to governments all over the world. In other words, governments are underfunded and these people stash trillions in tax havens. (02:21–02:29)

CLAIM

Asserts that wealthy individuals are hiding $32 trillion in offshore tax havens.

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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