PolitiQuote

Discover video-sourced quotes by politicians

Bernie Sanders: “There was a massive transfer of wealth from the bottom 90%…”

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

Watch on YouTube

Bernie Sanders Discusses Politics, Wealth Inequality, and Healthcare on Flagrant Podcast

Published | Video Starts at 38:24

But take a deep breath about that fact. What does it say? Meanwhile, during that same period of time, there was a massive, according to RAND Corporation, not a socialist organization, There was a massive transfer of wealth from the bottom 90% of to the top 1%. But Bernie, surely they're paying taxes on all that new profits they're making. Right? Right. But that is getting back to this important issue which I kind of started, you know, what is reality? (38:24–38:38)

CLAIM

Asserts that wealth has been transferred from the bottom 90% to the top 1%.

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.


Bernie Sanders

Discover more from

Bernie Sanders

Report A Transcription Error

Please report any error in the automated transcription.

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.

PolitiQuote is a service of Gigafact Foundation, a nonpartisan nonprofit advancing facts and information transparency, community by community.

Visit gigafact.org to learn more.