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Edward Markey: “Our tax code rewards wealth over work, giving special tax…”

Featuring: Edward Markey, Democratic | U.S. Senate Massachusetts

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Introducing the Equal Tax Act with Rep. Ramirez. We need to stop putting wealth over work.

Published | Video Starts at 01:23

Teachers, nurses, firefighters, people that work for a living are paying 10, 15, 20% of their income in taxes. Meanwhile, the 25 richest Americans pay less than 5%, if they pay at all. And that's because Our tax code rewards wealth over work, giving special tax breaks to investors. trading stocks over workers who are punching clocks every single day. And there's no reason for this other than pure raw political power. Who does more for our country in a year? (01:23–01:30)

CLAIM

Asserts that the tax code favors investors with special tax breaks over workers.

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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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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