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Bernie Sanders: “Trump wants to give massive tax breaks to billionaires.”

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

Fighting Oligarchy with Bernie and AOC (LIVE at 3PM ET)

Published February 21, 2025 | Video Starts at 1:11:20

Billionaires are Funding the Democratic Party and preventing that party from standing up for working families. Bottom line, we need to end Citizens United, move to public funding of elections. Trump wants to give massive tax breaks to billionaires. Our view, it's time that the billionaires started paying their fair share of taxes. Republicans refuse to raise the minimum wage. We want to raise that minimum wage to a living wage, at least 17 bucks an hour. (1:11:20–1:11:25)

CLAIM

Claims that Trump intends to provide large tax breaks to 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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Bernie Sanders

“When Alexandria was a kid, you correct me if I'm wrong, she cleaned houses with her mom in order to make enough money for the family to…”
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“After she graduated college, she was a barista, working paycheck to paycheck.”
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“The guy who represents the district was one of the most powerful members of Congress. He had access to unlimited kinds of money.”
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“There are millions of young people out there who love this country, who are disgusted with what they are seeing, who are prepared to get…”
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“The American people are outraged at what's going on.”
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“We will not accept an oligarchic form of society.”
Fighting Oligarchy with Bernie and AOC (LIVE at 3PM ET) | Uploaded February 21, 2025 | 43:20-43:26
“We will not accept the richest guy in the world running all over Washington, making cuts to the Social Security Administration, cuts to the…”
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“Under Trump, this country is moving very rapidly to an authoritarian form of society.”
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“Today we have a president who is undermining our Constitution every single day, who is threatening freedom of speech and freedom of…”
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“Trump has sued abc, cbs, Meta, and he sued the Des Moines Register because he didn't like a poll that they did.”
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“His FCC is now threatening to investigate PBS and npr.”
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“He has called CNN and MSNBC illegal.”
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“Congress, under the Constitution, has the power of the purse. And every day he is challenging that, slashing funding without authority that…”
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“Today we have more income and wealth inequality than we have ever had.”
Fighting Oligarchy with Bernie and AOC (LIVE at 3PM ET) | Uploaded February 21, 2025 | 52:45-52:54
“Today we have three multi billionaires. Mr. Musk, Mr. Bezos, Mr. Zuckerberg. These three combined own more wealth than the bottom half of…”
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“Today you have more concentration of ownership in America than we have ever had in the history of this country.”
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“Combined, these three investment firms [BlackRock, Vanguard, and State Street] are the majority stockholders in 95% of American…”
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“They are prepared to destroy Social Security, Medicaid, Medicare, the Veterans Administration in order to make themselves even richer.”
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“60% of our people are living paycheck to paycheck.”
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“Real inflation accounted for. Wages today are lower than they were 52 years ago.”
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“There has been a $75 trillion treasury transfer of wealth from the bottom 90% to the top 1%.”
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“We are spending twice as much per capita on health care.”
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“85 million are uninsured or underinsured.”
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“60,000 Americans die each year because they don't get to a doctor on time because they're underinsured or they're underinsured.”
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“Our life expectancy, how long we live, is about four years younger, four years shorter than other major countries.”
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“If you are working class in America, you will live, on average about seven or eight years shorter lives than if you are wealthy.”
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“Working class people are dying seven years earlier than the rich.”
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“One out of four Americans cannot afford to fill the prescriptions that their doctors write for prescription drugs.”
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“In the richest country on Earth, 800,000 Americans are homeless.”
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“20 million people, including people in this room, pay 40, 50% of your incomes for housing.”
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“Our child care system is a disaster, outrageously expensive, while workers there are being paid low wages.”
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“No teacher in America should make less than $60,000 a year.”
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“We're living in an oligarchic form of society.”
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“Trump has a government of the billionaires, by the billionaires and for the billionaires.”
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“We must end this corrupt campaign finance system.”
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“The richest guy in the world could spend $270 million to get Trump elected.”
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“Billionaires are Funding the Democratic Party and preventing that party from standing up for working families.”
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“We need to end Citizens United, move to public funding of elections.”
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“Republicans refuse to raise the minimum wage.”
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“We want to raise that minimum wage to a living wage, at least 17 bucks an hour.”
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“Musk and Bezos and others want to break unions.”
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“Workers all over this country want to join unions. They're being stopped by the illegal activities of corporations.”
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“Let's pass the pro act.”
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“Trump and his friends want to cut Social Security.”
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“We're going to expand Social Security by lifting the cap.”
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“Trump and his friends want to cut Medicaid.”
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“We're going to join the rest of the industrialized world, guarantee health care to all.”
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“We're going to fight and pass Medicare for all. Single payer.”
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“We need to make our public colleges, universities and community colleges tuition free.”
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“We need to save the planet and create millions of good paying jobs by transforming our energy system.”
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“We must absolutely guarantee that it is the women of America who control their own bodies, not the government.”
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“Republicans did not vote for Donald Trump in order to give tax breaks to billionaires and cut Social Security.”
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